The historic Ambassador Hotel at 420 N. Julia St. is set to undergo a major revamp.
The aging building was purchased by Augustine Development Group, along with a series of adjacent lots, for just over $5 million. The redevelopment project will involve a 100-room luxury hotel, a 200-unit luxury apartment building, and 15,000 square feet of retail.
The adjacent building at 404 N. Julia St. will be demolished as part of the project.
Once complete, it should bring new life to the dormant area behind the Courthouse, inching downtown’s revival closer to its northern edges.
Part of a JTA Park-n-Ride lot located at 3011 Marbon Rd. will soon become a new Daily’s convenience store and Shell gas station.
JTA sold the 9.11-acre parking lot property to First Coast Energy for $2.4 million. The sale was facilitated by Colliers International Northeast Florida.
The Park-n-Ride lot will continue operating but will be reduced in size to accommodate the new Daily’s.
This week, Hyatt Regency Jacksonville Riverfront announced the opening of Market, its new 24-hour deli-style eatery. The new eatery offers Starbucks coffee, grab-and-go items, and fast-casual menu options.
It’s the first of the three new lobby-area venues within the Hyatt Regency to open its doors. Still to come are SHOR Seafood Grill, a 150-seat restaurant, and SHOR Tavern, a 5,000 square foot bar.
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