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After the defeat of Lot J deal, what's next for downtown Jacksonville?


JWB Real Estate Capital President Alex Sifakis describes the inside of the abandoned, 96-year-old Florida Baptist Convention Building at 218 W. Church St. in downtown Jacksonville this way.
It looks like Jumanji, he said. You’ve got skylights that are just holes in the roof and ferns growing in there. You can see from the outside the bricks are falling off. When you’re inside you can see the potential, but it also looks like a lot of work.”
The five-story building designed by famed architect Henry John Klutho is the polar opposite in many ways from the $450 million Lot J development pitched by Jaguars owner Shad Khan that went down to defeat last week in dramatic fashion at a City Council meeting. ....

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