JWB buys 3 parcels from Salvation Army

[Zac T]

JWB has purchased the remainder of the block adjacent to the Main Street Pocket Park from the Salvation Army

The Salvation Army has sold three downtown parcels for $2.2 million to an LLC linked to JWB Real Estate Capital.

The buyer is 800 Monroe LLC, the limited liability company through which JWB previously bought property in LaVilla for $2.5 million.

The three parcels include the Salvation Army's 24,900-square-foot two-story facility at 328 N. Ocean St., a 12,000-square-foot parking lot at 39 E. Monroe St and a vacant 5,000 square-foot property west of the Salvation Army building at 0 Duval St.

https://www.bizjournals.com/jacksonville/news/2023/07/13/jwb-salvation-army.html

[marcuscnelson]

I remember saying that block with the ones north and south of it would be a really interesting urban campus idea if UF or someone else was interested in going more mid-rise than low-slung. Don't expect that to actually happen here but I am curious if they can work out something interesting. Should be a prime location if they can make it nice.