AC Hotel by Marriott is joining The District project on Jacksonville’s Southbank.
The developers of The District Jacksonville - Live Well Lived announced in July that Impact Properties of Tampa will develop, own and manage the hotel, which is estimated to be about five to six floors, 70,000 square feet and up to 200 rooms.
It announced on Monday that the hotel would be an AC Hotel by Marriott, which the parent company says is designed as European modernism.
It’s going on the westernmost riverfront parcel of the 30-acre project. Impact Properties will buy the 1.5-acre parcel, a spokesman for The District said.
The full project is still in the design stage, but plans call for up to 1,170 resident units, 200 hotel rooms, 285,500 square feet of commercial/retail space, 200,000 square feet of office space, a 125-slip marina and a four-acre public park that would connect with an expanded Riverwalk.
The project, at the site of a former JEA generating plant, would be built over three phases. The JEA still owns the property, but the deadline for the buyers to close the deal is the end of the year. The price is $18.5 million.
The first work is expected early next year, the spokesman said. But that’s become a common refrain.
In January 2015, the developers of what was then called Healthy Town said work could begin later that year.
In December 2015, the word was that ground-breaking would be in spring 2016.
In July 2016, it was scheduled to begin at the start of 2017. Now it’s late 2017, and the project is still being designed with a construction start date of early 2018.
“A project of this magnitude, from a regulatory and approval process, is complicated and while it has taken longer than anticipated to reach several key milestones,” said Peter Rummell, one of the partners in The District. “Important progress continues to be made as we move forward with the plan.”
Roger Bull: (904) 359-4296