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.
Earlier this year, the Skinner family announced that it was selling off the final major portion of its land near I-295 and Butler Boulevard – namely, the southeast quadrant of the junction.
Not long after, it was revealed that Fuqua Development would purchase 67 acres of the property for the development of a $300 million mixed-use project tentatively titled Exchange at Jacksonville.
Included in the project will be a CineBistro movie theater, a 20,000 sq. ft. food hall, a 20,000 sq. ft. retail hall, entertainment options including a brewpub and bowling alley, four apartment complexes, and two luxury hotels. The food hall is expected to feature a mix of local and national tenants, as will the retail hall.
Plans for infrastructure development to support the project have already been submitted to the city and will likely be completed during 2020. Once the roads are built out, work can begin on Exchange.
