5 Awesome Apartments Coming To Downtown

Started by Metro Jacksonville, January 23, 2015, 12:00:02 AM

Metro Jacksonville

5 Awesome Apartments Coming To Downtown



Development is starting to heat up again in and around downtown. Here are five cool urban apartment projects already under construction or proposed.

Read More: http://www.metrojacksonville.com/article/2015-jan-5-awesome-apartments-coming-to-downtown

camarocane

Interesting, I was under the impression that the Barnett building was already under renovation. I suppose they are awaiting word on the Trio.

acme54321


thelakelander

Yes. It has a lease pending but I figured I'd share it.
"A man who views the world the same at 50 as he did at 20 has wasted 30 years of his life." - Muhammad Ali

Dapperdan

From what I understand, 220 Riverside is almost completely leased now. Tht is why they are moving on to Phase 2. That will be a hot area and those apartments will go fast and stay filled.

coredumped

Quote from: camarocane on January 23, 2015, 07:21:07 AM
Interesting, I was under the impression that the Barnett building was already under renovation. I suppose they are awaiting word on the Trio.

I thought it was too, sounds like it could still be held up, or worse, in jacksonville fashion - scrapped :(

This is by far one of the most important projects for downtown, I hope it starts real soon.
Jags season ticket holder.

Downtown Osprey

Ron, I'm really intrigued with your project! Do you have an update on how things are coming along? I currently live at City Place but would love to be a potential first tenant  :)

InnerCityPressure


acme54321


jcjohnpaint

Quote from: coredumped on January 23, 2015, 09:47:20 AM
Quote from: camarocane on January 23, 2015, 07:21:07 AM
Interesting, I was under the impression that the Barnett building was already under renovation. I suppose they are awaiting word on the Trio.

I thought it was too, sounds like it could still be held up, or worse, in jacksonville fashion - scrapped :(

This is by far one of the most important projects for downtown, I hope it starts real soon.

If the city can't make this happen, then shame on them.  I agree.  This is one of the most important projects (locally- inner city) since I moved here.  This should be a top priority.  It does not seem like the city seems very interested in making this happen unless there is backroom negotiations going on.  I'm taking this on recent articles.  I would love a MJ story on the projects progress. 

tufsu1

Quote from: jcjohnpaint on January 23, 2015, 10:33:08 AM
If the city can't make this happen, then shame on them.  I agree.  This is one of the most important projects (locally- inner city) since I moved here.  This should be a top priority.  It does not seem like the city seems very interested in making this happen unless there is backroom negotiations going on.  I'm taking this on recent articles.  I would love a MJ story on the projects progress. 

are you in favor of the City paying 20% of the construction cost, because that is roughly what is being requested by the developer?

as for an update, the DIA is expected to issue a Go/No Go on the proposed incentives by March

InnerCityPressure

Quote from: tufsu1 on January 23, 2015, 11:17:04 AM
are you in favor of the City paying 20% of the construction cost, because that is roughly what is being requested by the developer?

Yes

jcjohnpaint


finehoe

Quote from: tufsu1 on January 23, 2015, 11:17:04 AM
are you in favor of the City paying 20% of the construction cost, because that is roughly what is being requested by the developer?

The city has probably paid several times that in its multitude of "studies" over the years, so we would probably see a better ROI.

jaxjaguar

Quote from: tufsu1 on January 23, 2015, 11:17:04 AM
Quote from: jcjohnpaint on January 23, 2015, 10:33:08 AM
If the city can't make this happen, then shame on them.  I agree.  This is one of the most important projects (locally- inner city) since I moved here.  This should be a top priority.  It does not seem like the city seems very interested in making this happen unless there is backroom negotiations going on.  I'm taking this on recent articles.  I would love a MJ story on the projects progress. 

are you in favor of the City paying 20% of the construction cost, because that is roughly what is being requested by the developer?

as for an update, the DIA is expected to issue a Go/No Go on the proposed incentives by March

Yes.

It would be a drop in the bucket compared to other projects / studies. The amount of revenue this could generate by stoking the "fire" downtown would be great for everyone. Just think of the amount of tax revenue these 4 buildings alone could generate over a 10 year period. Not only that, but the positive outcome would give investors a reason to bring other things here.