Building Up Jax: RISE scores REV grant for The Doro

Building Up Jax is a weekly article series, posted each Saturday morning, that provides you with the latest updates on development and construction in the greater Jacksonville area.

REV GRANT APPROVED BY DIA FOR THE DORO PROJECT

RISE Properties successfully secured a recapture enhanced value (REV) grant this week from Downtown Investment Authority for its planned mixed-use residential complex at 102 and 128 A. Philip Randolph Blvd. within the sports and entertainment district.

The proposed $65.7 million development, referred to in documents and renderings as The Doro, would include 247 residential units and over 9,000 square feet of retail and restaurant space, as well as a public plaza between the new building and its neighbors, Manifest Distilling and Intuition Ale Works. It will require the demolition of the Doro Fixtures Company building that currently sits on the property.

The grant, approved by DIA at this week’s meeting, would total no more than $6.2 million.

DURBIN PARK UPDATES

We’ve updated our running list of tenants at Durbin Park to reflect the following updates:

Bonchon is now open next to Cinemark and plans to hold an official “grand opening” event from Oct. 23-25
Boutique fitness studio Body20 has been added to the roster of future tenants
Mellow Mushroom and SportClips both plan to open in November

NOTED PROJECTS

River City Science Academy received a permit for construction of a new two-story, $8 million charter school at 2002 San Pablo Rd. S.
First Coast Health Ventures submitted plans for a new River City Rehab facility at 15480 Max Leggett Pkwy. near River City Marketplace.
The city received a permit to add a special events pavilion at Hanna Park.
A permit was issued for the construction of Ashley Street Lofts, an 18-unit, $1.52 million shipping container apartment complex at 412 E. Ashley St.
Best Buy received a permit for renovations to its existing location at 9355 Atlantic Blvd.