Urban Core Construction Update - March 2010

A look at the status of various projects under construction in and around Downtown Jacksonville during the month of March.
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Vestcor's loan modifications for 11E and The Carling clear first hurdle jaxdailyrecord.com - The Jacksonville Economic Development Commission unanimously approved loan modifications on Wednesday for two Downtown apartment buildings developed by Vestcor Inc.

Beaver Street stays busy, soon to be bigger jaxdailyrecord.com - An economic recession hasn't dimmed Jackie Perry's optimism for the entrepreneurial spirit. Every day the Beaver Street Enterprise Center executive director goes to the office, she sees the will of…

Simon Property Group offers $10B for General Growth Properties jacksonville.bizjournals.com - Simon Property Group Inc. said Tuesday it has offered to acquire General Growth Properties Inc. in a deal worth more than $10 billion, including about $9 billion in cash.

Whats brewing on Rosselle Street? - Second brewery plans to set up across street from Bold City Brewery.

Jacksonville retail vacancy up to 10.8% bizjournals.com - The Jacksonville area retail market continued to struggle in the fourth quarter of 2009, with vacancy rates reaching 10.8 percent and the average asking lease rate dropping to $15.95, according…

Plan In Place To Revitalize Main Street news4jax.com - For seven years, orange construction cones have clogged the main artery of Springfield. It's a struggle between two opposing visions for historic Springfield being played out on one city street.

Port readies to take on the big container ships jacksonville.com - A fully loaded post-Panamax ship isn't likely in the near future for Jacksonville, but port authority officials are preparing for larger vessels.

Commercial rehabilitation creating residential: the original jaxdailyrecord.com - It was Downtown's first adaptive reuse residential development. It has been affected by the real estate market meltdown just like every other project. That doesn't mean the pioneering developer isn't…

Mayor Peyton lobbies Jacksonville City Council for downtown projects jacksonville.com - Mayor John Peyton unveiled plans this morning for more than $23 million in downtown improvements to increase public access and spruce up amenities on the St. Johns River.

Work on Jacksonville's Main Street almost done, but some merchants feel unwelcome jacksonville.com - Road construction on Main Street in Jacksonville's Springfield neighborhood is almost done, and businesses like Team Recovery's Thrift Store are thankful.

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