The riverfront site of the imploded Berkman II condominium project Downtown is scheduled to be auctioned March 25 after a court-ordered foreclosure of the property.
Choate Construction Co. was granted a final judgment of foreclosure on the Berkman II property Downtown at 500 E. Bay St. on Feb. 27 in the 4th Circuit Court.
The order directs that the property be sold at public auction if the defendants — PB Riverfront Revitalization of Jacksonville LLC, 500 East Bay LLC, James Bergman, the city of Jacksonville, Pece of Mind Environmental Inc. and Arwood Site Services LLC — do not pay Choate principal, interest, late fees, property tax advanced and attorney fees totaling $5,125,739.
Read the rest of this story at the Jacksonville Daily Record, a Jacksonville Today news partner.