The Laura Street Trio at Forsyth and Laura streets Downtown.
Published on June 22, 2023 at 12:51 pm
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The Jacksonville Downtown Investment Authority board is leaving the decision whether to provide at least $63.56 million in incentives for a private developer’s proposed Laura Street Trio renovation to City Council.
The DIA board voted 5-1 on June 21 on a resolution that sends a term sheet for $36.55 million in city-backed historic forgivable loans and property tax breaks to Council without a recommendation for or against the deal.
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SouthEast Development Group proposes a $175.1 million multifamily, hotel and restaurant development plan for the Trio property on Downtown’s Northbank.
Read the rest of this story at the Jacksonville Daily Record, a Jacksonville Today news partner.
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