Downtown investors Jim and Ellen Wiss, through AWP331 LLC, bought more Downtown property from First Baptist Church of Jacksonville.
WJCT News partner the Jacksonville Daily Record reports the Wisses paid $292,500 on March 8 for the parking lot of the warehouse purchased the same day by JWB Real Estate Capital at 331 W. Ashley St.
JWB and the Wisses are allowing the building and parking lot to be used temporarily for homeless services.
Ellen Wiss said she and her husband plan for a Phase 2 multifamily development of 60 units on the parking lot site to complement the larger development they plan nearby, creating a total of about 260 units in addition to some retail use.
That will depend on creating enough parking for those units. Read the rest of this story at JaxDailyRecord.com.