Results of the Boom: Dead Projects

[dlupercio]

Wow that was depressing to read.

[Anti redneck]

Please tell me there is a way to revive these projects or somehow bring them back.

[Non-RedNeck Westsider]

Using 1000 units for Brooklyn Park, assuming 5 units per floor for everything that didn't give an exact unit number, and excluding the Ortega project, I got a total of 8,570 units in the core neighborhoods.  Assuming even just 1.5 people per unit, that's 12,855 potential new people living in or right around downtown. 

While I would say that developments like Commodore Point, The St. James, San Marco Village and The St. John wouldn't have done much for street level activity around their actual buildings, those people would shop at a downtown grocer or patronize downtown venues pretty regularly. 

I more wish that the smaller projects would have been completed.  I don't know about you guys, but i LOVE the Oak Street Lofts.

But instead those people wanted to move out to the sprawl of Oakleaf & 210 for their McMansions, which leads us to today. 

This reall is some sad commentary.

[CS Foltz]

Gee fella's............downtown core is getting a new "Gas Station/Quickie Store"! Those urban outdoorsmen will have a new place to party at now! A proper urban infill would not require auto's for movement, but I guess that shoots BRT down also! The more I think about this......just importing urban sprawl and all associated with it.............but thats just me, IMHO!

[iMarvin]

Does anybody have any updates on the projects listed here as postponed?

Please tell me there is a way to revive these projects or somehow bring them back.

[Timkin]

Add to the list :  Annie Lytle School 650 Chelsea St.  130 unit (with 3 story addition on the back)  55 and up retirement facility.  Dead

Good article.   Sign of the times .

[danno]

back from the dead

[Rynjny]

Any updates?

[jcjohnpaint]

http://jacksonville.com/business/2013-10-06/story/san-marco-project-back-motion

[Chaz1969]

Anyone know what the status is on the parking garage across from the Landing?  I thought the proposal cleared all regulatory hurdles, but haven't heard/see any updates in maybe a year or more.

[Jason]

This is the latest news...

http://www.metrojacksonville.com/forum/index.php/topic,16101.105.html

[finehoe]

Wow, looking at this list really emphasizes how crazy the real estate bubble was.  Where were all the people supposed to come from to fill all these residential buildings?  It would be an interesting dynamic if today there were thousands of empty residential spaces downtown. Who knows what that might've attracted.

[thelakelander]

That's what happened in Miami. Thousands of empty foreclosed units that ended up being eventually filled as that market rebounded. Now that downtown has enough residents to attract retail and more residents.

[finehoe]

Yeah, but as you yourself said, Miami is on a different level than Jacksonville.

Its unfair to compare Jax with Miami.  Metro Miami is five times larger than Metro Jax and was the site of the largest urban boom in America over the last couple of years.  Also, there have been several projects in Miami that have been canceled as well.  However, that place is just on a different level.

[Tacachale]

Some of these proposed projects would never have gotten off the ground even without the bust. But if others had, downtown would be in a better position than it is. The current owners would have every incentive to fill them up or convert to apartments. We currently only have a few thousand residences in all of downtown, and they're almost entirely full. There's a demand for living downtown, but it isn't enough to convince most investors to do expensive infill or conversions after so many people took a bath in 2008.