DOWNTOWN DEVELOPMENT

A prime spot on East Bay Street in downtown Jacksonville is in line for big changes.

The Downtown Investment Authority (DIA) met on Thursday to talk about how much more money could be needed for projects on both the Northbank and the Southbank, including the area known as the Shipyards and the former home of the Jacksonville Landing, now called Riverfront Plaza.

Khan could pay over $370 million for the hotel and the city would offer millions in major tax breaks and incentives for the property. This would be just a start for development in the area.

JEA is still a few months away from moving into its new downtown headquarters but News4jax got a sneak peek inside and we are showing you how it’s coming along.