JACKSONVILLE, Fla. – Developers of the RISE Doro apartment complex that went up in flames after construction was nearly completed are now seeking $3 million in additional funding through the city council.
The Rise Doro Apartments, located near the EverBank Stadium, submitted a funding request that appeared on Tuesday’s Jacksonville City Council agenda. However, no speakers addressed the matter during the public hearing portion of the meeting.
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The funding request, outlined in Ordinance 2025-873, would appropriate $3 million from the General Fund Special Council Reserve through the Downtown Economic Development Fund Rise-Doro and Miscellaneous Grants and Aids account.
According to council records, the ordinance was introduced on Nov. 25 and went through committee hearings on Dec. 1 and 2.
The project includes plans for a multi-family residential apartment complex with structured parking and retail/restaurant/lounge space. As part of the development agreement, the developer has committed to designating a portion of units for workforce housing, specifically allocating at least fifteen 2-bedroom units and 70 1-bedroom units.
RISE Doro was approaching its opening date when it was struck by fire in January 2024. While reconstruction has progressed since then, developers have not yet announced a new grand opening date; however, apartments are available for lease.
You can view floor plans and learn more at risedoro.com.
The funding request will need council approval before moving forward.