The 2010s was a busy decade for development in the Jacksonville area. It saw major expansion at and around the Town Center, several new projects in Brooklyn and LaVilla, and several urban core restoration and revitalization projects.
The upcoming decade is likely to continue the trend of construction and expansion, with several new development projects expected to kick off next year and others – such as the Shipyards redevelopment and Florida Theatre renovations – are slated for later on in the decade.
For now, the focus is on 2020. What proposed projects are expected to begin construction? What new projects will be revealed?
We’ve highlighted five key projects that you’ll likely hear about frequently in 2020 – most of which are also likely to begin construction in the new year. Once completed, these projects will help shape modern-day Jacksonville in the same way this past decade’s major projects did.
With work now wrapping up on its restoration of the former Barnett National Bank building, SouthEast Group will soon shift focus onto its next project: restoring the Laura Street Trio buildings.
The development group proposes to convert the trio of historic buildings into a Marriott-branded hotel, office space, and an upscale steakhouse-style restaurant.
At the very least, 2020 should bring about the construction of the planned parking garage to complement the development. The garage will be built by VyStar Credit Union and will be utilized by its employees as well.
But it’s also quite possible that preliminary work could begin on the Laura Street Trio, bringing the historic properties a step closer to revitalization after many years of neglect.