JWB and DLP Capital have joined forces to begin construction on Pearl Square, a mixed-use development located in Jacksonville. The project will bring 1,250 new residential units and over 200,000 square feet of retail space to the area. In addition to these new buildings, the development will also include public spaces such as widened sidewalks and park areas. A unique feature of Pearl Square is its signature curbless festival street which will offer outdoor dining options.
The retail portion of the project has attracted a variety of tenants including a full-service grocer, fitness club, grab-and-go bodegas, restaurants,and other daily service providers like salons and shops. SK+I Architecture is responsible for designing the project while FaverGray serves as general contractor. Leasing for the retail spaces will be handled by Colliers’ Urban Division.
This initial phase marks just one part of an extensive redevelopment plan for Downtown Jacksonville that spans 28 city blocks.The completed project is expected to generate around $750 million in annual economic impact and create approximately 2
