Berkman Plaza II

Started by BossmanOdum10, May 18, 2016, 08:42:19 PM

BossmanOdum10

Any updates on the eye soar called "The Berkman II" in downtown??

Ivegotasecret

Eyesore? No way! It's this city's version of Hiroshima's Atomic Dome - a memorial to the Great Recession atomic meltdown.

thelakelander

No. Evidently, the market for downtown rentals hovers around $1.50/sf. New construction needs rents in the range of $1.75/sf. For Berkman II to work, they need rents around $1.90/sf.
"A man who views the world the same at 50 as he did at 20 has wasted 30 years of his life." - Muhammad Ali

mtraininjax

Too bad Berkman is not located in South PVB, saw a house get listed for $511 per sq ft today.
And, that $115 will save Jacksonville from financial ruin. - Mayor John Peyton

"This is a game-changer. This is what I mean when I say taking Jacksonville to the next level."
-Mayor Alvin Brown on new video boards at Everbank Field

DrQue

Is there a ballpark estimate of what the city would need to contribute in order to make the project economically viable?