High demand for urban living is driving unprecedented growth in Downtown’s housing market. From 2015 to 2020, Downtown has seen a 66% increase in multifamily residential units with nearly 650 new apartments having opened since the start of 2019. Downtown’s 3,800+ residential units boast a 94% average occupancy rate and offer something for every lifestyle – from attainable workforce housing to riverfront market rate to student dorms and senior living.
More than 6,137 residents now live in 25 multifamily properties, up 18% from last year. Downtown can expect approximately 1,200 additional residents once the 772 units under construction come online, bringing Downtown nearly three-quarters of the way towards its goal of 10,000 residents. Residents cite atmosphere, vibe and entertainment and events as the best things about living Downtown, and the influx is driving demand for more amenities, grocers, drug stores and services.
For more information about living in Downtown Jacksonville, visit livedowntownjax.com.
Downtown is home to more than 30% of the City's commercial office space and all three of Jacksonville’s Fortune 500 companies – CSX, FIS and Fidelity National Financial. Other leading companies, such as TIAA Bank, Black Knight Financial Services, Haskell, Stein Mart and Suddath, also have headquarters in the urban core. The relocation of VyStar Credit Union’s corporate headquarters will bring more than 900 employees Downtown, and the consolidation of FIS’s current headquarters into a new, 12-story, 300,000 sf headquarters will create roughly 500 additional jobs.
Jacksonville’s talented and quality workforce – approximately 56,000 employees – enjoy working Downtown with proximity to large firms and abundant opportunities for career growth. Additionally, the University of North Florida’s Center for Entrepreneurship and Innovation recently opened, providing a space for collaboration to Jacksonville's growing entrepreneurship ecosystem.
For more information about working in Downtown Jacksonville, visit https://downtownjacksonville.org/work/
Central for events, conventions, business trips and medical tourism, Downtown offers more than 2,300 hotel rooms and 520,000 sq. ft. of air-conditioned meeting space. Upscale hotel accommodations offer a range of on-site amenities and are within walking distance of sports areas, concert venues, dining, entertainment and Downtown’s scenic riverwalks. Downtown is a short drive to regional tourism highlights including the Beaches and historic St. Augustine. Plus, Jacksonville International Airport is just 15 miles from Downtown and offers more than 100 daily departures to 32 destinations.
Downtown’s theaters and performance venues offer more than 28,000 seats and experiences from national acts to Broadway shows to community theater. As Northeast Florida’s central location for professional sports – football, baseball, basketball and hockey games fill the calendar year-round. Visitors also enjoy unique dining, world-class museums, nightlife and a wealth of public art Downtown.
For more information about things to do in Downtown Jax, visit https://downtownjacksonville.org/visit/