Developers scale down Jacksonville Beach Urbana project in order to move forward.
Urbana was originally proposed as a 45,000-square foot, three story mixed-use project. The first floor would have been retail, office space on the second, and residential space on the third. Unfortunately, market conditions killed the feasibility of this design.
The new concept will be a 17,000-square foot, single story retail building with parking on the roof. The decision to scale down was made in order to move forward because sitting on the property and continuing to pay interest on it was not an option the developers desired.
For more information: http://www.theurbana.com/
Article by Ennis Davis