First Coast

$15.69M City Incentives Deal Advanced For RD River Brewery City Apartments

WJCT News | By Mike Mendenhall - Jax Daily Record

Published March 23, 2021 at 11:32 AM EDT

Miami-based Related Group is developing the planned 333-unit apartment community near Friendship Fountain.

The Mayor’s Budget Review Committee agreed March 22 to send City Council a $15.69 million incentives package for a Miami-based developer’s plan to replace the River City Brewing Co. restaurant on the Downtown Southbank with apartments.

A view of the existing River City Brewing restaurant.

WJCT News partner the Jacksonville Daily Record reported the committee’s 7-0 vote authorized the Downtown Investment Authority to file legislation with Council for Related Group’s proposed $92 million, eight-story RD River City Brewery apartment community and restaurant.

The vote is the latest step for what would be the developer’s first project in Jacksonville.

MSA Architects is scheduled to bring a revamped apartment design to the Downtown Development Review Board on March 23 for conceptual review after it was tabled in January.

Read the rest of this story at JaxDailyRecord.com.