High rise condos proposed for Stadium District
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[photo courtesy of UrbanPlanet, courtesy of TU]
This week plans were announced for a high-rise condo project, tentatively called St. Johns Point, to be built south of Alltel Stadium, close to the Hart Bridge. The proposed site, shown here highlighted in red, is currently occupied by unpaved roads a machine shop and rusty, decaying structures.
It seems these development projects are slowly creeping up the river. One day we hope this project will link the current river front development projects (the proposed Landing renovations, Berkman Plaza phase 2 and The Shipyards) and spur a revitalization of the Tallyrand area. City planners feel like this project will push Downtown in the right direction, we do too.
Plans are only in the conceptual phase, but here are the details so far:
• The Developer: Riverfront Development Group LLC of St. Augustine
• The Plan: a marina district of restaurants, stores, offices and condo.
• Estimated cost: $234 million
• The neighborhood would include three 30-story towers
• 810 condominium units
• 107,000 sq ft of offices
• 107,000 sq ft of retail and restaurants spread out in a riverfront plaza
• Plans also include a 150-slip marina and a parking garage
• The property is currently appraised at 8.1 million dollars
The developers of St. Johns Point “…want to connect this to the rest of the neighborhood — it is part of a neighborhood. Hopefully, it’ll help revitalize that area.”
