With the completion of the Peninsula condo tower, the Southbank of Downtown Jacksonville has a new tallest. Here is a sneak peek inside this nearly complete tower.
Published July 15, 2008 in Development
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The Lobby
The Pool Deck and Lounge
Future Retail Space fronting the Riverwalk
The Gym
Inside a residential unit
The Top Floor
Views from the Top
The space between the Peninsula and the Strand will serve as a public access point to the riverwalk.
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jeh1980
July 15, 2008, 05:56:45 AMBeautiful photos! Great heights. This is what downtown is all about. You can't get any better than that!
BridgeTroll
July 15, 2008, 07:05:07 AMWow... The fireworks will be exploding at eye level!!!
reednavy
July 15, 2008, 07:42:49 AMAbsolutely excellent product. Now, if only the Northbank in the central core would get towers like this, then it'd be really good.
fsujax
July 15, 2008, 08:33:32 AMWhat a great project. It would be awesome to wake up to a view of Downtown everyday, if only it were affordable to most of us.
Pavers
July 15, 2008, 08:36:13 AMAny chance that ground floor, riverwalk-facing retail actually gets filled? Any idea what might go in there? I guess a coffee/snack shop of some sort seems like the most logical candidate, at first blush.
stephElf
July 15, 2008, 09:34:53 AM:::: drool ::::
man o man i wish i could live in a place like that
what a stunning view, i could get used to that
Eazy E
July 15, 2008, 09:53:59 AMAny idea of what the top floor costs to own or rent? It looks amazing from the Main St. bridge, let alone those pictures.
Looks like a pretty sweet place to live.
Jason
July 15, 2008, 09:55:19 AMFantastic building. The one shot from the top looking down make my stomache cringe.
So, its safe to say that the Peninsula is definitely the tallest on the southbank.
reednavy
July 15, 2008, 10:45:16 AMMaybe a Starbucks?!
fpj
July 15, 2008, 10:57:19 AMGotta love the exit sign in the second picture of the top floor
reednavy
July 15, 2008, 11:01:32 AMThis actually turned out better than I expected.
Ocklawaha
July 15, 2008, 11:01:59 AMFOR SALE:
One Transportation Consultant
WILL WORK FOR CONDO!
Ocklawaha
BridgeTroll
July 15, 2008, 12:58:45 PMOnce that place strarts filling up I would imagine that skyway ridership would increase. The San Marco station is just a block or two away...
stug
July 15, 2008, 02:34:50 PMI'm surprised they went with carpet in the units.
Driven1
July 15, 2008, 02:48:32 PMgreat pics! wow - it really puts it into perspective how tall the thing is with that shot of SMP and the Strand next to it. great story.
Jax2024
July 15, 2008, 07:12:17 PMThis project turned out beautifully. Not to plug, but I will:
3 Peninsula Units available for rent, high floors and exquisite views.
Varying sizes and prices available. Message me if you are interested or if you know anyone interested in this Southbank tower. As people continue to move in, I think this area will become a great urban neighborhood in Jacksonville.
Jax2024
July 15, 2008, 07:27:44 PMAlso, just an FYI. Many of the units in the building don't have carpeting everywhere. Owner's had significant options for upgrades including marble, tile, hardwoods, and varying carpet types.
Galois
July 15, 2008, 08:37:37 PMI am doing some contracting work right now inside the peninsula around the 30th floors. the photos don't do justice to the downtown views of Jacksonville. IT is sooo great, especially during lunch break when I get to sit on the balcony and watch all the cars on I - 95, the Main bridge, seeing the landing and etc. Or just opening the door to the place and seeing all of downtown, right down the hall. The location is really good too, a few steps from the Chart House, few steps from Ruth Chris, this place is bound to be successful.
copperfiend
July 15, 2008, 09:23:04 PMIt would have been nice if Mortons had been part of a structure of this size. I hate that building every time I drive by it. Imagine if it had been part of a highrise hotel.
Keith-N-Jax
July 15, 2008, 09:59:59 PMVery nice, night time views I bet are awsome
rjp2008
July 15, 2008, 10:52:53 PMWell, it's a start. Residences - check. Workplaces - check. Entertainment destinations - need more.
Steve
July 15, 2008, 11:38:43 PMI looked into these, as well as the Strand when they were briefly for sale and Berkman. Here's the issue - the typical HOA fees are between 33 and 50 cents per sqFt, depending on the development. Do the math - 1,000 sqft, between $330 and $500 a month. That's a lot of wood.
Driven1
July 15, 2008, 11:42:36 PMi bought in SMP when these were for sale so I looked into as well. I know that the bottom floor 1BR with no view of the river at all was going for like $285k. ridiculously high.
Joe
July 16, 2008, 12:02:29 PMThose are some crazy HOA fees. Does that include property tax? That would make it more reasonable.
vicupstate
July 16, 2008, 01:05:11 PMNot on the unit itself, it wouldn't.
heights unknown
July 16, 2008, 08:52:54 PMAbsolutely stunning photos. Didn't seem to be much activity around though; are there residents actually living in it or moving in yet? It reminds me of a cruise ship on land. These photos stand out virtually from all others.......great work!!!!!!! Beautiful building. A toast to one of the new skyscrapers in the skyline and to the new tallest on the Southbank! Now let's get the St. Johns built for another new tallest on the Southbank.
Heights Unknown
WhatsUpJacksonville
July 16, 2008, 09:39:01 PMBeautiful photos. I'm so jealous of whoever is moving in there. What a huge plus for downtown to have another new residential building. People should be flocking to it and retail shops should be fighting to get space. And it's complete just in time for football season to begin. Lucky residents.
Galois
July 16, 2008, 09:51:13 PMHeights Unknown
I work in the Peninsula. Yes there are people already in there. Mainly affluent people though. Yes there are things to do. It is located between the Chart House and Ruth Chris, across the street there are a bunch of eating places too like Sake House. This place is bound to be a success once it is all complete.
Southbanker
July 16, 2008, 10:11:17 PMThere are a lot of units for sale in the Peninsula and I think prices have come down. Probably most of these units were bought by investors when the market was hot and now they are hating life.
Same situation at SMP, but the amenities are not near as nice. Of course HOA is much lower at SMP.
Lots of renters in the units as the owners pray for a turnaround in the market.
jeh1980
July 17, 2008, 12:43:45 AMI work in the Peninsula. Yes there are people already in there. Mainly affluent people though. Yes there are things to do. It is located between the Chart House and Ruth Chris, across the street there are a bunch of eating places too like Sake House. This place is bound to be a success once it is all complete.
[/quote]
I couldn't agree more.
pwhitford
July 17, 2008, 02:44:29 PMI don't know how successful it is going to be - I understand there's a potential class action suit to recover some deposits on units at the Peninsula by some of the owners/investors The court is due to rule on whether the class is to be certified shortly and I think the Complaint has already been filed and served. The building's a beauty, no doubt, but I think there are a lot of unhappy investors who are beginning to balk at paying half a million dollars for a unit that is now worth significantly less (at least in their opinion).
RiversideGator
July 17, 2008, 03:28:27 PMWell, the fact that you made a bad real estate bargain in an overheated market is really not a reason to invalidate the contract. That isnt the way the system works.
pwhitford
July 17, 2008, 03:56:26 PMRG - I agree completely. Real estate speculation is the essence of gambling, and in this case it seems several people gambled and lost (at least in the short term). Consiering the ovbious irrational exuberance they were purchsaing with, I have little sympathy. Also, I believe the lawsuit could very well be frivolous, depending on the terms of the purchase and sale contract (and that's a BIG if!). The real problem is the potential impact on the building if a significant percentage of owners/investors end up pulling out or if they "win" and are allowed to rescind their contracts and/or get their money back. This could lead to potentially burdensome assessments being levied against the remaining owners and adversely affecting the overall condition, upkeep, appearance and value of the building in general and the occupied units in particular. I am just saying I am less confident of the building success under the current conditions. It is a stunning sight, but looking closer I see some problems ... potentially big ones.
assorted
July 17, 2008, 03:57:46 PMRiver couldn't have said it better myself. It is a real shame all these investors won't take responsibility for their actions. Instead they are trying to figure out who they can sue or government bail out they can find.
Seraphs
July 18, 2008, 07:07:54 PMIncredible photos, I must agree with everyone else. Not to steal any thunder from the peninsula, but imagine the views from the St. John if or when it's built.
Coolyfett
July 22, 2008, 01:01:22 AMWow!! Man that would be a great place to invite a chick over!! She'd lose something fast!! I been in the Strade before really good views as well. Good Stuff.
condoqueen30
September 11, 2008, 01:46:40 PMI hear ya PWhitford, but let me assure you, there are more end users in
that building than you'd imagine.
As far as the lawsuits, they ARE frivilous
and completely WITHOUT grounds and it's shameful. We are all hurting from
market conditions, but we are still adults, thus negative conditions do not
relinquish us from our choices and obligations. Developers are not stupid.
The specific contract verbiage makes the buyer's obligation iron clad.
The building is amazing.....it's an unbelievable lifestyle.
VirtualTours
October 05, 2008, 04:34:06 AMI agree with condoqueen30, the building is absolutely amazing, just check out the Model Unit Virtual Tour at www.se360tour.com/nd0000
reednavy
October 06, 2008, 11:45:21 PMThe updated webpage has an awesome amount of new photos of the finished product. Nicely done American land Ventures.
http://www.thepeninsulacondos.com/Buyer-main/photoprogress.htm
thelakelander
October 06, 2008, 11:58:44 PMThe Peninsula was developed by American Land Ventures of Miami.
reednavy
October 07, 2008, 07:40:53 AMfixed, thanks for the clarification. Apparently I had Shipyards on the brain as well.
Seraphs
October 09, 2008, 05:27:43 PMThis is a beautiful building. At night it goes almost invisable. It needs to be uplight or have some type of lighting at the top.
blizz01
October 09, 2008, 05:41:50 PMWon't the lighting care for itself as occupants move in to each unit?
Seraphs
October 09, 2008, 05:54:33 PMTo some degree. But for a dynamic effect the building itself should be uplight. For example, before the superbowl the regular street lights on the Hart bridge made it visable at night. But after the special lighting was added the bridge became spectacular at night.
jeh1980
October 10, 2008, 05:45:37 AMTo some degree. But for a dynamic effect the building itself should be uplight. For example, before the superbowl the regular street lights on the Hart bridge made it visable at night. But after the special lighting was added the bridge became spectacular at night.