The Gateway Jax growth partnership is searching for conceptual approval from the Downtown Improvement Evaluate Board for designs of its Block N7 challenge to exchange the previous First Baptist Church fundamental auditorium.
The Downtown Improvement Evaluate Board is scheduled to contemplate the designs at its Aug. 14 assembly.
Plans for the positioning, at 119 W. Beaver St., embody a 15-story residence tower with about 250 items, six ranges of parking and a 32,000-square-foot grocery retailer in 39,000 whole sq. ft of retail. Renderings present retail area alongside Union, Beaver and Laura streets. The block is bordered by these three streets, together with Hogan Avenue.
Two ranges of parking are instantly above the grocery retailer and designated for the shop’s use. Different parking ranges are for the residential items.
Plans additionally present an expanded sidewalk on Laura Avenue and bushes and landscaping alongside Laura, Beaver and Hogan streets.
Block N7 is a part of the Gateway Jax’s Pearl Sq. District, a $500 million mixed-used growth in Jacksonville’s NorthCore. Gateway Jax is a partnership between principal Bryan Moll, JWB Actual Property Capital and DLP Capital.
A rendering of the ground-floor grocery retailer, retail area and parking storage of Gateway Jax’s Block N7 redevelopment of the previous First Baptist Church parking storage at 119 W. Beaver St.
In 2022, JWB and Nook Lot spent almost $750,000 to arrange the auditorium for “Past Van Gogh: The Immersive Expertise.” The area later hosted the “Past King Tut” exhibit.
Nook Lot CEO Andy Allen stated in 2022 they named the auditorium NoCo Heart after Downtown’s North Core.
The Each day File reported that Nook Lot and JWB Actual Property Capital purchased the 103,016-square-foot auditorium inbuilt 1995 and the adjoining parking storage as a three way partnership in 2022.
Property data present 712 Hogan Avenue North LLC purchased the auditorium for $2.3 million by 119 Beaver Avenue West LLC and paid $6.09 million for the adjoining parking storage.
State data listing Bryan Moll, principal of the Gateway Jax growth workforce, as a title member of 119 Beaver St W LLC.
In December 2024, the Downtown Funding Authority board endorsed a $2.1 million incentive package deal aimed toward incorporating the grocery retailer into the Block N7 challenge. The vote got here on a decision comprising a $1.36 million Retail Enhancement Program grant and a $741,000 Recapture Enhanced Worth Grant.
The DIA’s vote constituted remaining motion on the incentives, with Jacksonville Metropolis Council approval not required.
Gateway Jax’s plans for the Pearl Sq. district have grown from 5 properties and a $419 million funding to 9 properties and a price of $750 million, in accordance with the developer, because the growth was unveiled in 2023.
The partnership has since amassed greater than 20 Downtown properties which, if totally developed, would contain an funding of greater than $2 billion.
The DDRB assembly is scheduled for 10 a.m. on the fundamental Jacksonville Public Library, 303 N. Laura St.