Developer buys former Times-Union property; demolition is imminent
Atlanta-based developer Jeff Fuqua bought the former Florida Times-Union property Feb. 4 and said demolition will start quickly for what he estimates will be a $250 million redevelopment of the Downtown Northbank riverfront site into One Riverside.
“This will be a famous project in Jacksonville when we are done,” he said after the late-afternoon purchase from 1 Riverside Property LLC, owned by the Morris family of Augusta, Georgia.
“This is pretty monumental. It will be quite a place.”
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