The Laura Street Trio has been deteriorating for decades. | Jessica Palombo, Jacksonville Today
Published on July 23, 2024 at 1:31 pm
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Developer Steve Atkins returned to City Hall on Monday to discuss his latest proposal to restore the Laura Street Trio with the Special Committee on the Future of Downtown. The new deal includes $18.3 million in city loans and $67.47 million in development grants totaling $85.77 million. Development costs total $188.67 million.
Atkins proposes a combination of restoration and new construction that would turn the Trio into a hotel, apartments and restaurants. But immediate past council President Ron Salem and others questioned whether the project is worth pursuing.
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“I know they’re very important, I hear from everyone, is it worth trying to put these kinds of dollars into these buildings versus, I know I may be shot here, tearing them down and building something else?” Salem said.
Read the rest of this story at the Jacksonville Daily Record, a Jacksonville Today news partner.
