City approved 2 new designs for downtown developments
Another plan was presented to renovate First Baptist Church.
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JACKSONVILLE, Fla. – This week the Downtown Development Review Board approved the historic Laura Street Trio project, according to News4Jax partners at the Jax Daily Record.
The meeting Thursday advanced the $70.4 million plan that will convert three vacant urban core structures into a 146-room hotel with restaurant and retail spaces.
Laura Street Trio project designs. (Copyright 2021 by WJXT News4Jax - All rights reserved.)
Project architect Tom Hurst said there will be a steak and seafood house inside the hotel along with a rooftop bar on the eighth floor. When it comes to the ground floor, guests can expect outdoor seating, public art and valet parking. The hotel will be run by Winegardner & Hammons Hotel Group LLC., which operates a Marriott Hotel in Clearwater Beach.
The Downtown Development Review Board voted 8-0 to advance the estimated $70.4 million plan to renovate the historic Downtown structures into hotel and retail space.
Share The estimated $70.4 million project will redevelop the historic buildings into a hotel with restaurant and retail spaces.
Laura Street Trio developer SouthEast Development Group LLC submitted its historic renovation project to the Downtown Development Review Board for conceptual review.
The estimated $70.4 million plan to convert the three vacant urban core structures into a 146-room hotel with restaurant and retail spaces is scheduled at the board Feb. 11, according to an agenda and documents released Feb. 4.
A staff report recommends that the board grant conceptual approval for the renovation of the Florida Life, Bisbee and Marble Bank buildings, which comprise the Trio at 51 W. Forsyth St.
SouthEast Development Group released renderings Wednesday showing how it wants to restore the historic Laura Street Trio as part of a redevelopment that also would feature new construction for a boutique hotel, restaurants and bars on a corner that s blighted now by abandoned buildings.
The total development costs are anticipated to be about $69 million with the final cost dependent on tenant finishes, according to SouthEast Development, which is based in Jacksonville.
The renderings offer a view of a development project that could go before the Downtown Investment Authority for a vote on incentives in March. If the DIA board approves incentives, City Council would have the final say.
Laura Street Trio developer SouthEast Development Group LLC released its latest designs for a two-phase redevelopment of the Downtown property.
The renderings and site plan for the estimated $70.4 million first phase of the project likely will go before the Downtown Development Review Board for conceptual review in March, Southern Group lobbyist and SouthEast Development representative Matt Brockelman said Jan. 21.
The designs show the restored former Florida Life, Bisbee and Marble Bank buildings at 51 W. Forsyth St. Those historic structures comprise the Trio.
Southeast Managing Director Steve Atkins plans a 145-room Marriott hotel with a full-service restaurant and bar, a 4,000-square-foot boutique grocery store and an additional 4,000 square feet of retail space at the Trio.