A Miami-based developer’s request for $1,536,350 in public loans for the renovation of a historic Bay Street building into a music venue is headed to the Jacksonville City Council.
The Downtown Investment Authority board voted 6-0 on Wednesday to recommend that council award the forgivable and deferred loan package to 323 E Bay Street RE LLC for its almost $4.8 million plan for the vacant two-story building.
The development group comprises Eric Fuller and Miami-based Fuller Entertainment LLC, Aleksander Lukaj and Albacore Jax LLC, which is led by Manjola Rajta of Jacksonville Beach.
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