QuotePlans are underway for an estimated $30 million-plus revitalization project featuring upscale waterfront homes, retail shops, marina and a new Marker 32 fine dining restaurant on Beach Boulevard at the Intracoastal Waterway in Jacksonville.
Cadenza Partners LLC unveiled details the project planned for a 5 1/2-acre site at 14549 Beach Blvd. The tract — adjacent to the Palm Cove Marina — is the current home of the Marker 32 restaurant, which will be rebuilt and relocated on the property.
Marker 32 has been a favorite of Jacksonville area residents as well as visitors since 1992. It will be showcased by the new development, said Nick Sartori Jr., managing partner of Cadenza Partners, a residential real estate development firm headquartered in St. Augustine.
Harbor Lights Jacksonville will include up to 215 multi-family homes, 115 wet boat slips and about 21,000 square feet of retail, commercial and restaurant space, Sartori said.
"We've run some preliminary numbers on this and it's going to be north of $30 million," Sartori said.
Sartori said the project is in the zoning phase of the permitting process. The initial development is expected to begin sometime in 2022, he said.
Full article: https://www.jacksonville.com/news/20191203/plans-unveiled-for-estimated-30-million-revitalization-project-at-marker-32-site
So... this must be dead, right? Between the pandemic and interest rates?