Laura Street TrioLaura Street Trio
The back side of the Laura Street Trio, as seen July 10, 2024. | Jessica Palombo, Jacksonville Today

Historic Laura Street Trio auctioned to Indiana developer for $125K

Published on August 6, 2026 at 9:47 am
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The Laura Street Trio of historic buildings in Downtown Jacksonville has a new owner, opening a door toward possible restoration of the long-vacant structures.

Indiana-based Becovic Management Group obtained ownership of the three buildings Aug. 5 in a court-ordered foreclosure auction, placing a winning bid of $125,100. 

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“We are pleased to confirm our acquisition of Jacksonville’s historic Laura Street Trio through the auction process,” read a statement issued after the sale by Muhamed Becovic, president and owner of the privately held Becovic Management Group. “These landmark buildings hold a special place in the city’s history and represent an important opportunity for the future of downtown Jacksonville.”


Read the rest of this story at the Jacksonville Daily Record, a Jacksonville Today news partner.