Gateway Jax to seek at least $43M in incentives for Publix-anchored project at old site of First Baptist downtown

Gateway Jax plans to seek at least $43 million in public incentives for the Publix-anchored mixed-use tower it has proposed on the site of the former First Baptist Church main auditorium, according to a report from News4JAX news partner the Jacksonville Daily Record.

Downtown Investment Authority CEO Colin Tarbert revealed on Monday the incentive request for Gateway’s N7 project in a presentation to the City Council Special Committee on the Future of Downtown.

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Gateway is planning to replace the auditorium at 119 W. Beaver St. with a 15-story residential tower with about 250 apartments, integrated parking with 400 spaces, and a 31,000-square-foot Publix. The DIA listed the total investment in the project at $138.6 million.

The N7 project is part of Pearl Square, Gateway’s $750 million, multiproperty development in the NorthCore area of Downtown. Pearl Square is part of a larger development that, if fully built-out, would be a $2 billion investment over 32 acres of land holdings.

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