The Related Group is proposing a 25-story residential tower on the Downtown Southbank at 835 Museum Circle. | Jacksonville Daily Record
Published on October 9, 2024 at 9:21 am
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Nearly four years in the making, a new version of The Related Group’s proposed development on the Downtown Southbank is poised to move forward after the Jacksonville City Council approved a revised incentive package for the $202.75 million project.
On a 17-0 vote, council gave final approval to a redevelopment agreement and $58.79 million in public funding for the 25-story tower on the former River City Brewing Co. site.
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Related’s project also would include an eight-story apartment building, a nine-story parking garage, a 4,000-square-foot riverfront restaurant and a 1,000-square-foot ship store selling beverages, ice, snacks and other items to users of the nearby boat ramp.
Read the rest of this story at the Jacksonville Daily Record, a Jacksonville Today news partner.
