The Downtown Investment Authority will search for a developer to build a mid-rise or high-rise tower for a one-acre parcel to complement a proposed park at the former Jacksonville Landing site.
The DIA board Retail Enhancement and Property Disposition Committee is scheduled to vote Friday on development terms for the pad next to the park that the city renamed Riverfront Plaza.
The vote sets up the DIA to issue a notice of disposition on what the draft term sheet released Feb. 7 says will be a minimum seven-story building but preferably a more than 15-story tower.
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