The transformation of four Downtown blocks south of Union Street could be a $464.4 million project, one of the largest deals ever done on Jacksonville’s Northbank.

The proposed developer, Gateway Jax LLC, is led by Bryan Moll, a veteran of Strategic Property Partners, which is developing the estimated $3 billion Water Street Tampa, a mixed-use waterfront district of 9 million square feet of commercial, residential, hospitality, cultural, entertainment, education and retail space.

The Jacksonville deal could reach the Downtown Investment Authority this summer.

Read the rest of this story at the Jacksonville Daily Record, a Jacksonville Today news partner.