An illustration shows a street in the Gateway Jax development, also known as The Pearl Street District. | Ted Vitale, Gateway Jax
Published on August 14, 2024 at 10:57 am
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Ahead of a construction start as early as October, developers of the Gateway Jax mixed-use project in Downtown Jacksonville can now move forward knowing they have $98.58 million in city incentives awaiting them upon the completion of the first phase of the project.
The Jacksonville City Council approved the incentives package Aug. 13 on an 18-0 vote. The funding will be for the $419 million first phase of the project, also known as The Pearl Street District.
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Plans for the initial phase call for a mixed-use development comprising residential and retail development across four blocks in Downtown’s NorthCore district.
Read the rest of this story at the Jacksonville Daily Record, a Jacksonville Today news partner.
