The Different Faces of the Jacksonville ShipyardsMarch 6, 2015 33 comments Print Article
For over 140 years, East Bay Street was home to one of the largest shipbuilding operations on the east coast. Since 1992, this site has become known as a field where revitalization dreams come to die a bitter death. Here's a brief look at the site's past, present and possible future.
The Shipyards - LandMar Group - 2004-2009
In 2005, Jacksonville-based LandMar Group became the next sugar daddy to potentially transform this property into something grand.
LandMar's plans for the 44-acre site consisted of four towers, single-family houses and townhouses adding up to 1,000 units. LandMar intended to break ground on the first 38-story, 328-unit tower in 2007. A second phase, based on market demand, would have added a 350-room hotel, more residential space and up to 800,000-square-feet of office space. The economy had other plans and by 2009, LandMar had filed for bankruptcy, flushing the shipyard's future down the drain with the rest of its business.