JACKSONVILLE, Fla. — We’re seeing some creative ideas from developers vying for the job to transform the historic Laura Street Trio downtown, which has sat empty for decades.
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According to developers, the project will cost more than $194 million. They’re asking the city for a public investment of $89 million for the construction, which is a $2 million increase over the last proposal.
The developers are also asking for grants to be distributed intermittently during construction to minimize costs from the high interest rates.
Read: ‘It’d be awesome:’ The $87M proposal to bring Jacksonville’s Laura Street Trio back to life
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