JWB buys LaVilla block for future development

[Zac T]

JWB buys the block bounded by Jefferson, Houston, Forsyth, and Broad Streets to hold for future development

An affiliate of JWB Real Estate Capital further invested in Downtown by acquiring a 1.37-acre vacant lot at Jefferson, Forsyth, Houston and Broad streets.

Ashley and Pearl Parking LLC, led by Jacksonville-based JWB's leaders, paid $1.5 million for the property Dec. 22, 2021.

...

JWB Real Estate President Alex Sifakis said Jan. 12 the group is holding the property for future development.

https://www.jaxdailyrecord.com/article/jwb-real-estate-buys-downtown-block-to-hold-for-development

[jaxlongtimer]

^ Some of the downtown players are playing the game Monopoly buying up so many building and blocks .  They will ultimately make a mint or lose a fortune.  A real roll of the dice with our City leadership.  But, then again, maybe not so much with all the City handouts and the taxpayers absorbing much of the risk.

[Papa33]

That overhead shot used by the daily record article looks like something out of a dystopian movie.

[MusicMan]

Just like Berkman II

[heights unknown]

That overhead shot used by the daily record article looks like something out of a dystopian movie.

Aftermath of a nuclear attack or blast. Completely decimated and laid waste.