Hakimian Holdings has introduced plans for a dynamic redevelopment at 245 Riverside Avenue in Downtown Jacksonville’s Brooklyn neighborhood. The proposed venture features a two-story retail and workplace addition in addition to a one-story riverfront restaurant, aiming to reinforce the location’s connection to the Northbank Riverwalk and contribute to a extra pedestrian-friendly Riverside Avenue.
Initially accomplished in 2003, the present constructing served as the company headquarters for The St. Joe Firm, a significant Florida-based land improvement agency. Based by Ed Ball in 1936 as a part of the Alfred I. du Pont Testamentary Belief, The St. Joe Firm as soon as operated a paper mill in Port St. Joe from 1938 to 1996 and have become the second-largest non-public landholder in Florida. In 2010, the corporate relocated its headquarters to Watersound, Florida, reflecting its strategic shift towards actual property improvement.
Hakimian Holdings acquired the 245 Riverside Avenue property in 2022 for $25.15 million. If realized, the proposed growth would mark a big milestone within the ongoing revitalization of Jacksonville’s city core, bringing new power to each the riverfront and the encompassing Brooklyn district.
GENERAL INFORMATION
DDRB Utility 2025-001 seeks Conceptual Evaluation for 2 constructing additions to the constructing at 245 Riverside Avenue, initially constructed for and generally known as the “St. Joe” constructing. Constructed in 2003, the 135,000 sq. foot mid-rise constructing is positioned on a 3.4 acre parcel of land between Riverside Avenue and the St. Johns River. As illustrated by the under picture, the workplace constructing is oriented to the St. Johns River, and, from Riverfront to Riverside Avenue, transitions from a parking storage to a garden terracing downwards from its highest level stage with the storage all the way down to grade with River Aspect Avenue.
What’s being proposed are two additions: two-story Riverside Avenue retail and workplace addition, and a single-story Riverfront restaurant addition.
The Riverfront addition is single-story, roughly 21’ in top and consists of an activated rooftop. The present workplace constructing is positioned landward of the St. Johns River roughly 134’ from the bulkhead; the proposed restaurant addition could be positioned roughly 70’ from its closest distance from the bulkhead, with nearly all of its distance roughly 94’ landward of the bulkhead.
The Riverside Avenue addition is roughly 36’ in top, with retail bays at floor stage and workplace above. The addition is roughly 70’ in depth, working parallel (size) alongside Riverside Avenue for roughly 173’.
Supply: Downtown Growth Evaluation Board
Supply: Downtown Growth Evaluation Board April 2025 assembly agenda packet.