Fuqua starts retail development at One Riverside

Posted by Eder Bonilla on

Fuqua starts retail development at One Riverside

By: Karen Brune Mathis

From: Jaxdailyrecord


Fuqua Development is preparing to develop a retail building at the One Riverside apartment, shopping and park project along the Northbank Riverfront at 1 Riverside Ave.

The city is reviewing a permit application for an 8,000-square-foot shell Building 200 at a project cost of  $1.21 million.

The shell building would be leased to tenants, who would then prepare their spaces.

Plans indicate spaces for at least three tenants.

The site plan for One Riverside. The grocer is Whole Foods Market.

Building 200 is planned on one side of the entrance into the project. Whole Foods Market is planned as Building 100 on the other side.

Whole Foods Market is shown as about 38,500 square feet.

Fuqua Development is developing the retail property as Fuqua BCDC One Riverside Project Owner LLC.

Atlanta-based Phillips Partnership is the architect. Prosser Inc. of Jacksonville is the civil engineer.

The Colliers Urban Division represents Fuqua in leasing the retail space.

Fuqua Development bought the 18.8-acre site in February 2022 for $25 million. It sold 4.3 acres to TriBridge Residential LLC of Atlanta for $15.5 million to develop two phases of apartments.

The Whole Foods Market at One Riverside is planned at about 38,500 square feet.

The city issued permits March 17 for Live Oak Contracting LLC to start the vertical construction of the first phase of the apartments at a construction cost of $59.9 million

The city issued permits for three apartment structures and an amenity building. They are among several permits approved or in review.

TriBridge broke ground Sept. 22, 2022, for the first phase of the riverfront apartment community.

TriBridge Partner Katherine Mosley said in September she anticipates completion of the first 270 apartments and a restaurant by year-end 2024.

The One Riverside project site in Downtown Jacksonville.

Fuqua also sold 4.95 acres to the city to restore McCoys Creek and create a public park.

The estimated $250 million One Riverside Jacksonville project is designed for the site next to the Acosta Bridge where The Florida Times-Union operated since 1967. The newspaper moved to leased space in the Wells Fargo Center Downtown.

City Council awarded the development a $31.59 million incentives package in November 2021.


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