Developers with Axis Hotels LLC are hoping to transform a vacant property in downtown Jacksonville into a 127-room hotel with 220 brand new apartments next door.
The city council is considering an ordinance that would authorize the mayor’s office to execute a redevelopment agreement that would include a $1.5 million contribution from the Downtown Historic Preservation and Revitalization Trust Fund for the hotel. The agreement would also authorize a $4.9 million revenue grant for the apartments planned next door…[Read More]
