American Lions was a proposed 44-story residential tower at the former Jacksonville Landing site. | Jacksonville Daily Record
Published on February 16, 2024 at 3:44 pm
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Two of the biggest Downtown property developments on the Northbank have fizzled due to increased costs of construction and difficulties obtaining large-project financing, according to the chief executive of the Downtown Investment Authority.
In an interview with the Jacksonville Daily Record, DIA CEO Lori Boyer said the city-owned sites of the proposed American Lions tower and Hardwick at Ford on Bay may be put back up for disposition — offered up for new redevelopment proposals, in other words.
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The DIA approved a $36.93 million incentives package for American Lions LLC’s proposed 44-story residential tower at the former Jacksonville Landing site, now called Riverfront Plaza, in September 2022.
Read the rest of this story at the Jacksonville Daily Record, a Jacksonville Today news partner.
