In 2019, global fin-tech leader, FIS acquired Worldpay, one of the world’s leading global eCommerce and payment technology companies, making FIS a $12 billion company with 55,000 employees. FIS recently completed the new, 12-story, 300,000 square foot headquarters to support its growth in the Brooklyn District. FIS consolidated its headquarters and local offices and plans to hire an additional 500 employees by 2029, bringing its Jacksonville workforce to approximately 1,800 employees.
Investment: $145 million
Minneapolis-based Ryan Companies US Inc. built a new, 162,000 square foot headquarters for Jacksonville’s public utility in City Center at 325 W. Adams St. The project includes a 657-space garage with 10,690 square feet of activated ground floor space. The office tower and parking garage, developed by Ryan Companies US Inc., sits on one city block, bounded by Adams, Monroe, Pearl and Julia streets adjacent to the Duval County Courthouse.
Investment: $72.2 million
The Baptist Convention building was constructed in 1924 by renowned Jacksonville architect Henry John Klutho and is a National Historic Landmark Building. The building had been abandoned for approximately 40 years before JWB Real Estate Companies converted it to a mixed-use facility consisting of 24 studio and one-bedroom apartments with streetfront retail/restaurant space. JWB’s adaptive reuse project followed National Park Service guidelines for historic renovations, preserving an irreplaceable piece of Jacksonville’s past.
Investment: $10.8 Million
This project is comprised of a six-story senior housing community. The 1.03-acre parking lot has been converted into 96 one-bedroom, 650-square-foot units and 24 two-bedroom, 900-square-foot units. Projects also includes a 160-space ground-level parking garage with the apartments built above it. Ashley Square is expected to open this summer.
Investment: $15 Million
Opened June 2021, this 308-unit apartment building features a rooftop pool, beer garden, dog park, fitness center, car charging station, and more! The multi-family development enjoys riverfront views and is positioned in an ideal location between the center of Downtown and the historic Five Points shopping and entertainmetn district. The building includes 13,000 SF of ground-level retail and 450-space parking garage. Monthly rents range from $1,340 to $3,790.
Investment: $80 Million
This apartment facility includes 185 residential rental units and an elevated, resort-style pool and deck on the third floor overlooking the river and downtown.
DIA incentivized this development under the condition that a new 20’ wide multi-use path be provided that connects to an expanded Riverwalk. Both the Riverwalk and multi-use path are going to be designed and constructed by the Developer for the public benefit.
Investment: $37 Million
Located on the south side of West Forsyth Street between Main and Laura streets, the VyStar Parking Garage will provide parking for the 1,000 employees VyStar Credit Union relocated to its headquarters campus Downtown, the nearby Barnett and Laura Street Trio projects and the general public. The seven-story, 280,804 square-foot parking garage will provide 780 parking spaces as well as 13,169 square-feet of ground-floor retail space.
Designed by Dasher Hurst Architects, the project will be built by Danis Construction.
Investment: $22 Million
The new seven-story, 250,000 SF critical care tower will serve as the “new front door” to both Wolfson Children’s Hospital and Baptist Medical Center and offer 75 new neonatal intensive care beds and 26 pediatric intensive care beds.
Investment: $187 Million
Augustine Development Group purchased five lots totaling 1.5 acres for $5.4 million in July 2018. The group has begun work to convert the long-vacant, historic Ambassador Hotel into a 120-room hotel property with a nationally recognized flag. The phases following include plans for a 200-unit apartment building (known as the Central National Bank building) and parking garage to further benefit the needs of the Independent Life Insurance Building renovation, also underway on the same street.
Investment: $18.5 million (hotel only)
In Spring 2019, Jacksonville City Council approved Groundwork Jacksonville’s Emerald Trail Master Plan to create a 30-mile network of bicycle and pedestrian trails that will connect Downtown to 14 historic neighborhoods, 18 schools, two colleges and nearly 30 parks. Phase one is a 1.3-mile “Model Project” to connect the existing S-Line Rail Trail in Springfield to the Prime Osborn Convention Center in LaVilla. The Emerald Trail is estimated to cost $31 million, plus land acquisition, and take 10 years to complete. groundworkjacksonville.org/emerald-trail
The Federal Reserve Building was constructed in 1923, and is a National Historic Landmark Building. The building has been abandoned for approximately 40+ years and will follow NPS guidelines for historic renovations. JWB Real Estate Companies will convert the Federal Reserve building into a mixed-use development including restaurant, business, and banquet space, along with an exterior courtyard for outdoor dining.
Investment: $7.6 Million
Augustine Development Group purchased the building—now designated a local Historic Landmark—in October 2019 for $3.7 million, with plans to invest more than $30 million in the redevelopment of the property. The developer announced plans to renovate the 18-story, 165,000 square foot building at 233 W. Duval St. to include a 21,000-square-foot grocery store, 140 market-rate apartments and a 10,000 square foot rooftop restaurant, lounge and pool.The Developer proposes to construct a structured parking facility to serve the needs of this property as well as the redevelopment of the Ambassador Hotel and apartments along the same street. The development is projected to create 100 jobs over 14 months including 55 in the grocery store, 25 in the restaurant, 10 building maintenance staff, and 10 leasing personnel.
Investment: $30 million
The developer has proposed mixed-use project with retail, office, restaurant and apartment at the 18-acre former Florida-Times Union site which would be developed concurrent with the day-lighting and restoration of McCoy’s Creek. Phase 1 will include 271 multi-family units, 39,256 SF of retail (including a Whole Foods grocer and riverfront restaurant) and a parking garage. Phase 2 will include 125 multi-family units and 15,000 SF of retail.
Investment: $182.2 Million
RiversEdge —with its vision for sustainable design—will encourage a healthy lifestyle and diversity. The development is slated to bring 950 residential units, 147 hotel rooms, 200,000 square feet of office space, 134,000 square feet of retail, a 125-slip marina and more than four acres of public park space to the long-vacant, 30-acre JEA site on Downtown’s Southbank.
Investment: $535 million
Near the RiversEdge site, Corner Lot Development is building this four-story, 340-unit multifamily apartment complex on 3.6 acres of undeveloped property owned by the Jacksonville Transit Authority along Broadcast Place. Three interior courtyard amenity areas, a pool and a 2,240-square-foot rooftop deck are part of the project, as is a 7,100-square-foot space for pop-up restaurants, social events and other special occasions.
Investment: $77.9 million
Georgia-based Rise Properties LLC is constructing a 247-unit building with first floor retail, rooftop amenities and a 284-space garage and will be the first major multifamily residential property in the Sports & Entertainment district. A feature wall will incorporate materials and architectural features that were found on the original Doro building. The former Forsyth Street right-of-way adjacent to the site is expected to create a destination for outdoor social activities including markets, culture, and entertainment all year around.
Investment: $65 Million
Jacksonville’s historic former YMCA/Community Connections building will get new life as part of this apartment complex under construction on properties at 325 and 327 E. Duval St. In addition to adapting the YWCA building, The Vestcor Companies of Jacksonville are constructing a new companion apartment structure to provide a total of 120 workforce housing apartments between the two buildings. Amenities include a fitness center, internet cafe, resident lounge and community garden.
Investment: $39 Million
In October of 2021, the Jacksonville City Council approved plans for a 176-room Four Seasons hotel with 25 residences, a 157,027 square-foot class A office tower and a City-owned marina. The five-star hotel will include resort amenities such as a spa, pool and meeting spaces.
Plans include a $4 million investment to Metropolitan Park.
Investment $301.2 Million
Augustine Development Group plans to renovate this building, originally built in 1927, at 404 North Julia Street and construct a new, eight-story apartment building with an attached eight-story parking deck. Plans call for the renovation of the former bank into the main lobby of the complex to include an additional 36 residential apartments within the historic structure and add a projected 5,769 square-feet of commercial/retail space on the ground floor, including 3,240 square-feet of leasable space projected to be occupied by a fitness center.
The new construction proposes an eight-story residential apartment complex that will provide 103 apartments along with an eight-story parking deck which will provide an estimated 450 parking spaces.
Investment: $52.5 million (renovation and new construction)
This proposed riverfront development includes 332 multi-family units, a sky garden terrace with retail and park access (including a 7,500 square-foot restaurant and amenities such as a daycare), publicly-accessed food and beverage venue on the 44th floor with park and river views, a 1,500 square-foot Civic Stairs Cafe with indoor and outdoor seating, and a parking garage.
Investment: $176 Million
This proposed mixed-use development is comprised of 341 multi-family units, 428 space integrated parking garage, and 8,394 square feet of retail/restaurant space.
This multi-family development includes 175 apartments across 18 3-story buildings in 5 different architectural styles (contemporary, gable, hip, mid-century, and modern styles).
This project includes the adaptive reuse of the Jones Brothers Furniture Building into a mixed-use development including the residential lobby, and 29 residential apartments comprised of studio and 1-bedroom units. The building received Part 2 approval from State Historic Preservation Office and the National Park Service in 2020. Project also includes the consutrction of a new 8-story apartment building with attached 4-story parking deck. Residential building will include ground floor retail and 103 apartments.
The Trio comprises of the 108-year-old Florida Life Building, the 111-year-old Bisbee Building and the 118-year-old Florida National Bank. Plans call for a Marriott Bonvoy-Autograph Collection Hotel, multi-family housing, a fine-dining establishment and a basement speakeasy bar.
Investment: $178 Million
MOSH plans to construct a new, 75,000 SF – 130,000 SF museum on the Shipyards property with offerings including a walk-through aquifer exhibit and a water quality bio-lab. The project also includes associated parking and a private outdoor exhibit space. Additionally, a publicly accessible Riverwalk and public park space will be designed by the Developer.
Investment: $85 Million
After a seven-month process, a tremendous amount of public engagement and three outstanding designs, the Perkins&Will design team was named winner of the Riverfront Plaza (FKA The Landing) Design Competition. The winning design – dubbed One Park Jax – boasts a central lawn, a destination play space, a river terrace, a park pavilion building, a hotel and sky garden, which includes outdoor dining options, a bike and pedestrian connection to the Main Street bridge, and an iconic sculpture situated atop civic stairs that is undeniably unique and authentic to Jacksonville.
Two acres of the Riverfront Plaza space are reserved for development.
To learn more about the Perkins&Will design, visit: https://dia.coj.net/News/Perkins-Will-Wins-Riverfront-Plaza-(FKA-The-Landin.
Investment: To Be Determined
A 24-story residential tower highlights this project from The Related Group of Miami. Other features include a restaurant with a minimum of 4,000 square feet of interior space and approximately 1,800 square feet of patio dining area, a marina store and 511-space parking garage.
Investment: $120 Million
Plans call for a historic renovation of the 604 Hogan St. building and the 211 QAshley St. building to include: office/retail space, apartment commons, rooftop terrace, and 9 residnetial units. The project also includes two new 6-story apartment buildings comprised of 175 residential units and 89 at-grade parking spaces.
The Hardwick at Ford on Bay proposes 323 multi-family units, a rooftop and amenity deck, retail space totaling 25,000-square-feet, two restaurants (one on the riverfront), 550-space parking garage with 125 retail spaces, $2.5 million in public open space, and eco-buffers including a tree canopy and green roofs as well as a garden courtyard and waterfront park protect the building from storm surge increased by sea-level rising.
Investment: $140 Million