JACKSONVILLE, Fla. – In this episode on This Week in Jacksonville: Business Edition host Kent Justice sits down with Jake Gordon, CEO of Downtown Vision, Inc., to discuss the 2024 State of Downtown report.
This comprehensive 18-month review showcases over $2.24 billion in active construction projects and nearly $9 billion in the development pipeline for downtown Jacksonville. Gordon highlights major initiatives, including new luxury hotels like the Four Seasons and transformative mixed-use developments such as Gateway JAX.
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The episode also explores how Jacksonville is evolving into a vibrant destination for residents and visitors. Gordon shares insights into downtown’s growing residential base, with thousands of new housing units underway, and explains how this growth fuels demand for retail and dining options.
While challenges like a 26% office vacancy rate persist, he emphasizes innovative strategies, including repurposing office spaces and investing in cultural venues to keep downtown thriving.