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First Coast

Developer buys former Times-Union property; demolition is imminent

One Riverside.jpg
Jacksonville Daily Record
Stairs leading from One River to the Northbank Riverwalk along the St. Johns.

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.”

Read the rest of this story at WJCT News partner the Jacksonville Daily Record.