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DIA committee advances JWB's Federal Reserve, Baptist Convention buildings renovation | Jax Daily Record | Jacksonville Daily Record


10:30 AM EST
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The full Downtown Investment Authority board is scheduled to vote on a $1.55 million REV Grant to mitigate COVID-19 retail market conditions for Vista Brooklyn.  
JWB Real Estate Capital’s request for nearly $9 million in forgivable and deferred loans to help finance the redevelopment of two historic structures will move on to the full Downtown Investment Authority Board. 
The DIA Strategic Implementation Committee voted 4-0 on Jan. 14 to support  $8,706,356 for the developer’s proposal for the Florida Baptist Convention Building at 218 W. Church St. and the Old Federal Reserve Bank Building at 424 N. Hogan St.
The project is scheduled for a full DIA board vote Jan. 20. From there, it moves to City Council for final approval. ....

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DIA to consider applications from Regions Bank, Vista Brooklyn Apartments | Jax Daily Record | Jacksonville Daily Record


12:51 PM EST
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The bank wants to preserve its building Downtown; apartment developers want to support retail along Riverside Avenue.
Regions Bank is seeking $1.1 million in city grants and assistance for the $2.633 million rehabilitation and preservation of its headquarters building Downtown at 51 W. Bay St.
The Downtown Investment Authority’s Strategic Implementation Committee will consider the request at its meeting at 10 a.m. Jan. 14 at the Main Library Conference Center.
The request comprises $900,000 from the Downtown Preservation and Rehabilitation Program and a $200,000 economic development grant.
The property, the historic Old Bisbee Building, was constructed in 1909. It is considered one of the most historic properties in Downtown for its contribution to the resurgence of the city following the Great Fire of 1901 and its architecture. ....

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