Two St. Augustine developers plan to bring the historic Ambassador Hotel in Downtown Jacksonville back to its “original luster” and add an apartment complex and retail space on the same block.
The partners of Augustine Development Group provided details of their plans Monday, days after they purchased five lots totaling 1.5 acres for $5.4 million.
The adjoining parcels take up an entire city block bordered by Duval, Julia, Church and Pearl streets, directly north of the State Attorney’s Office.
Bryan Greiner and George Bochis said they plan to renovate the Ambassador and are in talks with several hotel chains to operate the 100 rooms inside the storied structure. They confirmed that Cambria and La Quinta are two companies being considered…[Read More]