220 Riverside Coming To Brooklyn

Started by Metro Jacksonville, January 10, 2012, 03:26:57 AM

Metro Jacksonville

220 Riverside Coming To Brooklyn



Plans are in the works for the urban core's next mixed-use, multi-family residential community.  Proposed by NAI Hallmark Partners and Bristol Development Group, 220 Riverside will be constructed adjacent to Unity Plaza at Forest Street and Riverside Avenue.

Full Article
http://www.metrojacksonville.com/article/2012-jan-220-riverside-coming-to-brooklyn

Noone


dougskiles


fieldafm

Quote from: dougskiles on January 10, 2012, 07:59:23 AM
Wonderful.  How real is it?

Pretty real... they changed their original plans(you'll notice no hotel-that suitor is now looking at the core) specifically b/c of the investment partnership with Bristol.  Smart move on their part.  The apartment community market is very, very hot right now.

copperfiend

To quote Freddie Mercury. Is this the real life? Is this just fantasy?

tufsu1

I've talked with some folks at Hallmark Partners.....as field noted, right now the rental market is pretty strong....and given the location, they feel this is a winner.

acme54321

Quote from: fieldafm on January 10, 2012, 08:06:25 AM(you'll notice no hotel-that suitor is now looking at the core)

Please elaborate.

JeffreyS

So by mixed use do you mean they are planing to include, retail, dining and office space in the project?
Lenny Smash

dougskiles

Was the previous project vested in a development agreement for concurrency?

fieldafm

No office space, as is my understanding.

QuotePlease elaborate.

They're sniffing around three spots.  Nothing has happened yet(two of the sites require public subsidies)

acme54321

Quote from: fieldafm on January 10, 2012, 08:29:08 AM
No office space, as is my understanding.

QuotePlease elaborate.

They're sniffing around three spots.  Nothing has happened yet(two of the sites require public subsidies)

I'm assuming one of them is the old Barnett Bank?

tufsu1

#11
Quote from: JeffreyS on January 10, 2012, 08:23:38 AM
So by mixed use do you mean they are planing to include, retail, dining and office space in the project?

as you can see in the drawings, there is ground floor commercial space....for things like a cafe, coffee shop, dry cleaners, etc.

tufsu1

Quote from: dougskiles on January 10, 2012, 08:28:36 AM
Was the previous project vested in a development agreement for concurrency?

it is inside the downtown Transportation Concurrency Exception Area boundary....so they would have been required to give money for things like brick sidewalks and nice lighting

thelakelander

....or.....streetcar if that became a priority project over the streetscapes of last decade.
"A man who views the world the same at 50 as he did at 20 has wasted 30 years of his life." - Muhammad Ali

tufsu1

agreed...but sadly, that's not how the TCEA got written