2023 State of Downtown Jacksonville report highlights empty office space, billions in development

Mayor Donna Deegan said she feels good about the results.

The report highlighted nearly $5 billion in proposals and projects under review. It also showed 26 percent of downtown's office space is vacant.

Since 2022, completed projects totaled $723 million. Projects under construction totaled $2.38 billion. Proposals and developments in review, almost $5 billion. Troutman is excited for what’s to come and says he loves the convenience of being in the middle of Jacksonville. But, he says in some ways, downtown falls short.

Troutman believes these things will come as downtown develops. The report notes that 26.4 percent of office space downtown is empty, more than Orlando and Tampa.

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