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Economic Forecast 2021: How they re taking on the new year, Part 2 | Jax Daily Record | Jacksonville Daily Record

The Southern Group lobbyist; Downtown Development Review Board member The health of Jacksonville’s urban economy will partially depend on the coronavirus-related economic stimulus approved in the U.S. Congress.  One bright spot in Downtown’s real estate market during the COVID-19 pandemic has been multifamily housing. Residential is an area of Jacksonville’s Downtown market expected to grow in 2021. On the residential side, people are still flocking to Downtown. The Residences at Barnett has a waiting list, for example. There seems to be strong demand for Downtown. The Southern Group represents the Florida Theatre. Federal officials need to target workers like artists, stage workers and theater personnel whose livelihoods depend on the in-person experience that was shut down through much of 2020.

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