JACKSONVILLE, Fla. – Six years in the making, Miami-based The Related Group’s South Bank Residences project is in city permitting review at an estimated project cost of $150 million.
The two residential towers of 25 and eight stories with an attached parking garage are planned at 835 Museum Circle on the Downtown Jacksonville Southbank where the River City Brewery restaurant closed five years ago and was demolished.
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No contractor is identified.
At $150 million, the development investment is lower than the more than $200 million projected in 2024 as Jacksonville City Council approved incentives, but the construction estimate does not include all of the costs involved and such estimates typically are adjusted as reviews progress.
RD River City Brewery LLC of Miami is the owner and developer. GAI Consultants of Jacksonville is the civil engineer. MSA Architects Inc. of Miami is the architect. Universal Engineering Sciences is the private plan review provider.
The property comprises 394 or 396 units within the project on 3.02 acres between the Acosta Bridge and St. Johns River Park and Friendship Fountain. The city says 396 units while plans count 394.
Plans show the part of the property facing the Jacksonville Riverwalk includes an outdoor covered area, restaurant, bar and a speakeasy.
Those plans show a first-floor main lobby and leasing area, clubhouse, game simulator, sundry area, small movie theater with seating for 15, sport lounge and an outdoor pool, deck, courtyard and fire pit.
An attached eight-story building includes a marina office, kayak area, courtyard and apartment units. It wraps around an eight-level parking garage with a ninth-floor deck.
The second floor has a spa, fitness area, lounge and dining and more apartments, again wrapping around the garage.
The 25th-floor roof level of the high-rise has a sundeck, sky lounge and sky bar.
The unit mix is shown as 16 studios; 208 one-bedrooms; 127 two-bedrooms; and 43 three-bedrooms.
Plans show that the units are labeled either as Icon or Manor units, which are Related’s brands of luxury apartments.
Plans also refer to the project as Icon South Bank.
It would be the second project for The Related Group in Northeast Florida. It developed Azure Oceanfront Residences in Jacksonville Beach. That condominium project was completed in 2024 and is sold out.
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