Downtown Construction Update - April 2009

[tufsu1]

Just as a note. The improvements to Bay St started on Monday. Reversible lanes are coming...this should be interesting.

well, many on this site did not seem too pleased with the median idea...so instead we spend $2 million putting up new signals and widening the road by 3 feet to allow as many as 6 lanes for reversible flow before and after major events....which is about 15 times a year!

at least this design would still allow for future streetcar tracks. 

[mtraininjax]

I'm pretty sure the Riverwatch garage is as dead as the tower

As is pretty much all development downtown during this year and probably into next.

[Basstacular]

mtraininjax - I don't know where you get your information from, but it is wrong.  The Peninsula is actually very healthy.  The developer closed approx. 180 of the original 230+ contracts and the remaining buyers walked away from their 20% down, which the developer has since retained.  Hence, the prices in that building still being listed and sold at $300 / sq. ft.  Buyer's were not allowed to walk with their binders and your information is far from what is truly going on over there.

BP2 has been stalled by litigation, but I am sure the developer has not minded the delay enlight of the current economy, especially if he is ultimately awarded damages in his lawsuit file against the responsible parites.

[tufsu1]

it does appear that BP2 may have started up again...someone posted about activiy there the other day...and I rode by this evening and it looked a bit different

[fsujax]

I really hope they complete that tower. Once it's done, though, there will no more cranes in Downtown!

[blizz01]

Once it's done, though, there will no more cranes in Downtown!

Get ready for the courthouse next month (& 36 months following):

http://www.jacksonville.com/news/metro/2009-04-28/story/duval_courthouse_could_break_ground_soon_cost_224_million

[thelakelander]

Maybe by the time they get it complete, banks start lending money again.  Because, that is the only holdup on the BMC children's hospital tower project.  Cranes will also have to be assembled for the courthouse project, later this year, if it breaks ground next month.