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Negotiations begin for Riverfront Plaza high-rise

Riverfront Plaza.jpg
Jacksonville Daily Record
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New York-based American Lions LLC is proposing a high-rise next to the future Riverfront Plaza park.

New York City-based American Lions LLC and the city are ready to start discussing terms of a possible incentives and real estate deal for an estimated $166.6 million residential high-rise at Riverfront Plaza, the former Jacksonville Landing.

The Downtown Investment Authority board voted 9-0 on May 19 to direct DIA CEO Lori Boyer to start negotiations with American Lions to redevelop 1 acre of the 7-acre parcel at 2 Independent Drive.

The city plans for the remainder of the site to be a public park.

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