The unfinished Berkman Plaza II high-rise Downtown could be headed for implosion.
WJCT News partner the Jacksonville Daily Record reports the city is reviewing a permit application from developer Jacksonville Riverfront Revitalization LLC to demolish the 18-story structure at 500 E. Bay St. along the St. Johns River.
Jim Bergman, who is the principal Berkman II owner through 500 East Bay, said Sept. 10 that the shell structure and property is under contract with the Jacksonville-based management company to be sold.
Jacksonville Riverfront Revitalization intends to redevelop the property with mixed-use retail, a 300-unit residential development and public park space.
The total demolition cost is $1 million, according to an application submitted to the city Building Inspection Division.
Read the rest of this story at JaxDailyRecord.com.
