RiversEdge breaks ground on Southbank

[Jax_Developer]

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]

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

[Ken_FSU]

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]

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]

Vertical construction on the townhomes expected to start soon

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/

[Joey Mackey]

I can confirm that vertical construction has started, looks like walls for the townhomes.

[Zac T]

Noticed today that the end of the Southbank Riverwalk by DCPS is now closed and marked as a construction site. I am assuming this is for the extension of the Riverwalk into RiversEdge.

The infrastructure work is coming along nicely and I noticed a playground where I believe the Marshfront Park is planned. The first townhomes are almost complete

[heights unknown]

Noticed today that the end of the Southbank Riverwalk by DCPS is now closed and marked as a construction site. I am assuming this is for the extension of the Riverwalk into RiversEdge.

The infrastructure work is coming along nicely and I noticed a playground where I believe the Marshfront Park is planned. The first townhomes are almost complete

Awesome. Progress at Rivers Edge. How do most of you feel about maybe the Ergisi Tower being moved to where the American Lion's development/tower at the old Landing site? I believe they would have to redraw/re-plan the base of the tower if moved to that site.

[Captain Zissou]

How do most of you feel about maybe the Ergisi Tower being moved to where the American Lion's development/tower at the old Landing site? I believe they would have to redraw/re-plan the base of the tower if moved to that site.

Do you think any serious effort has been put into designing the tower at any location?  This was a publicity stunt to draw attention to his other projects, which was successful.  The projected costs do not pencil in this market, especially at this stage in development.

[heights unknown]

How do most of you feel about maybe the Ergisi Tower being moved to where the American Lion's development/tower at the old Landing site? I believe they would have to redraw/re-plan the base of the tower if moved to that site.

Do you think any serious effort has been put into designing the tower at any location?  This was a publicity stunt to draw attention to his other projects, which was successful.  The projected costs do not pencil in this market, especially at this stage in development.

Thank you!

[acme54321]

Noticed today that the end of the Southbank Riverwalk by DCPS is now closed and marked as a construction site. I am assuming this is for the extension of the Riverwalk into RiversEdge.

The infrastructure work is coming along nicely and I noticed a playground where I believe the Marshfront Park is planned. The first townhomes are almost complete

Yeah the Riverwalk expansion is underway.  The boardwalk on the back of the property is actually complete, and it's pretty nice.  They started posting a security guard out there after hours so visit at your own risk lol.

[Ken_FSU]

Cool drone video below of the Northeast/Fitness Park at Rivers Edge starting to take shape. Maybe the least talked about of all the new public spaces, but the four park spaces coming up over there may collectively end up being one of the best of the bunch. Healthy Town/The District/Rivers Edge has been a long town coming, but you’ve got to think all the infrastructure work is going to ultimately make that a really attractive area for private development.



https://www.facebook.com/story.php?story_fbid=1061137122706916&id=100064319157318

[thelakelander]

Just putting in the infrastructure at this site and the Shipyards is what should have been done with both of these sites 20 years ago. If so, they'd likely be close to build out from the previous two 2000s booms by now. Anyway, I'm looking forward to checking out these public spaces once they are completed.