Author Topic: RiversEdge breaks ground on Southbank  (Read 24845 times)

Jax_Developer

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Re: RiversEdge breaks ground on Southbank
« Reply #45 on: November 09, 2023, 06:55:13 AM »
Maybe if we slow down on the urban sprawl, rents can actually get to the point where some flare can be added. People would rather see subdivisions frankly. Not to mention all the other reasons why. It would be nice to see Jax, but that's why I goto the beaches.. to get my 35' & under fix.

Florida Power And Light

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Re: RiversEdge breaks ground on Southbank
« Reply #46 on: November 09, 2023, 07:42:39 PM »
60 acre property
Four acres “ Public”

So glad I do not live in the area nor have any past affinity and hopes, dreams for the area.
I do see the shoreline via vessel quite a bit. I remember when the JEA structure was in place.
Sister lived at nearby Holmesdale just in from the River. River view.
Moved to Colorado….

None of this matters
« Last Edit: November 09, 2023, 09:15:09 PM by Florida Power And Light »

Ken_FSU

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Re: RiversEdge breaks ground on Southbank
« Reply #47 on: November 09, 2023, 10:53:04 PM »
Video on the artist/central art piece discussed in the marketing materials:

https://www.facebook.com/riversedgejax/posts/pfbid02axrYp1bhnr8FkPJBu7eKQGhAQt5iXtd93JP9cGJ98XGgcU5b6fm49wwrsR3VtCvvl?mibextid=YxdKMJ

With the qualifier that I've never been accused of having great taste when it comes to aesthetics, I kind of like the renderings.

Can't imagine there's a market though for 200,000 square feet of speculative office space when we're sitting at a 26% vacancy rate with our existing downtown inventory?

Jax_Developer

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Re: RiversEdge breaks ground on Southbank
« Reply #48 on: November 10, 2023, 07:55:34 AM »
No, the office will never be built. They will do a rights conversion to MF when it’s convenient to. Happens all the time to meet “mixed-use” goals.

Zac T

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Re: RiversEdge breaks ground on Southbank
« Reply #49 on: April 16, 2024, 02:01:06 PM »
Vertical construction on the townhomes expected to start soon

Quote
Vertical construction is expected to begin soon at the RiversEdge: Life on the St. Johns development on the Downtown Southbank after a builder closed a deal on land where it plans to build several dozen town houses.

Toll Southeast LP Co. Inc., an arm of Pennsylvania-based Toll Brothers construction, paid $4.095 million for a 2.76-acre parcel within the 32.21-acre RiversEdge property, according to Duval County records.

The seller was Elements Development of Jacksonville LLC, which is controlled by RiversEdge site developer Preston Hollow Community Capital LLC of Dallas.

Preston Hollow is not serving as RiversEdge’s vertical developer, but rather is marketing individual property parcels to developers.

Lori Boyer, CEO of the Downtown Investment Authority, told members of the DIA Finance and Budget Committee on April 12 that the deal had closed and that Toll Brothers was nearing the start of vertical construction.

https://www.jaxdailyrecord.com/news/2024/apr/15/vertical-construction-expected-to-start-soon-at-riversedge-on-the-southbank/