The Downtown Development Review Board gave conceptual approval Dec. 12 to Chase Properties Inc.’s plans to redevelop Reddi-Arts in San Marco as shops and restaurants.
Jacksonville-based Chase Properties is finalizing an agreement to purchase Reddi-Arts, an arts supply store, at 1037 Hendricks Ave. from 37-year owner Bruce Meiselman, who is retiring, according to WJCT News partner the Jacksonville Daily Record.
Chase Properties President Mike Balanky said the deal to buy the property will close by Jan. 19. The development has been named Southbank Crossing.
Chase and project architectural firm ELM Inc., which is headquartered on Kings Avenue near the project site, presented the board with a new site plan and renderings for the 0.99-acre project. It includes larger sidewalks and pedestrian areas with benches, pavers and a redeveloped streetscape.
An expanded version of this story that include additional renderings and details for the planned redevelopment are at JaxDailyRecord.com.