A new player is taking a lead role in the effort to revive the Laura Street Trio in Downtown Jacksonville, which could help break a logjam between the development team and the city over the future of the historic buildings.
During a Sept. 9 meeting of the City Council Special Committee on the Future of Downtown, committee members were told that Jacksonville-based Live Oak Contracting had joined SouthEast Development Group in the redevelopment project.
Kevin Carrico, chair of the special committee, said the involvement of Live Oak and its founder, Paul Bertozzi, could move the project forward by addressing concerns raised by council members, Downtown Investment Authority board members and others that SouthEast and its principal and Trio owner, Steve Atkins, brought too little private equity into previously proposed development agreements with the city.
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