Welcome > News > Mayor Deegan: $2 billion project could be ‘kick-start’ to Downtown development wave

Mayor Deegan: $2 billion project could be ‘kick-start’ to Downtown development wave

September 26, 2023

Gateway Jax LLC publicly unveiled its $2 billion plan for Jacksonville’s Downtown North Core on Sept. 20.

Under a tent on a vacant lot at 501 N. Julia St. in that Downtown neighborhood, Gateway Jax CEO Bryan Moll and investment partners JWB Real Estate President Alex Sifakis and DLP Capital LLC CEO Don Wenner described their 22-acre, $2 billion mixed-use development spanning more than 20 city blocks.

“We have amassed critical scale that allows Gateway Jax to create dynamic and interconnected walkable neighborhoods that will invigorate Downtown Jacksonville now and for years to come,” Moll told an estimated 150 people attending the announcement on a site next to the Porter House Mansion along Julia Street in the North Core.

Read the full story from the Jacksonville Daily Record.