More Plans (and a Request for Funding from the City) Revealed for Laura Street Trio Downtown

Max Marbut of The Jax Daily Record reports on an update of the Laura Street Trio and its ambitious plans to revitalize a stagnant block of downtown with a cornucopia of uses including a bank, offices, residential, a hotel, an urban grocery store, restaurant, and a bar.  Ambitious to say the least, but the developer says he has equity lined up; now a lender and apparently the city needs to kick in some type of funding to make it work…up to $7.7M(!), according to the developer.

About scottrogersjax

30 years' in commercial real estate investment sales, banking, mortgage banking, and valuation. Trained and schooled in Atlanta, and now heading the Investment Sales Team in the Colliers Jacksonville office.

Posted on September 23, 2014, in Development, Downtown, Hotel-Restaurant-Tourism, The Florida Times-Union and tagged , , , . Bookmark the permalink. Leave a comment.

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