ANCHOR: Done for good. The city of Jacksonville says it is ending negotiations with the developer of the Laura Street Trio-- meaning redeveloping that area does not have a path forward for the time being.
City of Jacksonville ending negotiations for Laura Street Trio project with owner, development group & refiling lawsuit
According to the Jax Daily Record, that foreclosure lawsuit originally filed in August before being dismissed says SouthEast Development Group owes the city $800,000 in unpaid fines for municipal code violations.The city dropped the lawsuit after a different Jacksonville contracting firm joined in on negotiations, which sparked the possibility that a deal could be reached.
The plans included a four-star hotel, close to 170 apartments, a restaurant, a bar, and other entertainment spaces.
Politics Jacksonville Laura Street Trio Business Development Downtown Development
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