News Formal

Downtown Jacksonville sees slight rise in population, although office vacancy rate is up - Jacksonville Business Journal

  • 📰 JaxBizJournal
  • ⏱ Reading Time:
  • 39 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 51%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

Downtown sees slight rise in residents, although office vacancy is up

About 665 people moved into the urban core over the past year, a figure that Downtown Vision Inc. and the Downtown Investment Authority says has the area on track toward a goal of 10,000 urban core residents.

More residential development is taking place — with the number of projects that have broken ground dwarfed by those that are still under review. Many more projects, representing 3,925 units, are under review, although some of those such as the Berkman II development’s 469 units and the American Lions high-rise proposed for the former Landing site are at the very early stages of that process.

In the heart of downtown, Augustine Development Group is renovating the Ambassador Hotel and Independent Life Insurance Building – two projects costing $47.6 million in total, and JWB Real Estate Capital is restoring the Federal Reserve Bank building, the Florida Baptist Convention building and the Porter House Mansion, which total $20.55 million in investment.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 599. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Downtown Jacksonville sees slight rise in population, although office vacancy rate is up - Jacksonville Business JournalInterest in downtown living has led to a growing number of projects proposed and under construction downtown.
Source: JaxBizJournal - 🏆 599. / 51 Read more »

Report: Jacksonville-area multifamily market cools - Jacksonville Business JournalAs of July the average rent in Jacksonville was $1,525, which brought year-over-year growth to 13.5%.
Source: JaxBizJournal - 🏆 599. / 51 Read more »

Retailers are worried about shoplifting — and many are raising prices in response - Jacksonville Business JournalSome prominent companies have cited crime as a reason to close stores or relocate offices, but how is it affecting small businesses?
Source: JaxBizJournal - 🏆 599. / 51 Read more »