Times Union Redevelopment Site
1 Riverside Ave, Jacksonville, FL 32202, United States
  CBRE, as exclusive marketing advisor, is pleased to offer for sale or Joint Venture Partnership, 1 Riverside Avenue, a rare opportunity to develop a riverfront multi-use project in the Brooklyn/Riverside neighborhood.  
     
  This highly visible waterfront location is centered in the heart of a neighborhood that has shown remarkable revitalization. Situated at the base of the Acosta Bridge, close to the downtown business district and convention center, the Property has distinct advantages that are enhanced by its easy access to the intersection of I-95 and I-10.  
     
  Recent additions of national retailers, including the Fresh Market (the first specialty grocer to serve Jacksonville's urban core) and 604 new luxury apartments units, have revitalized the area and finalized a much-desired link between downtown and Five Points.  
     
     
  Investment Highlights  
  IRREPLACEABLE WATERFRONT LOCATION
Set on the St. Johns River, the property offers striking river views of downtown and lies within one of Jacksonville's most affluent neighborhoods. With home prices ranging up to $5 million, weekly arts and cultural events, and no shortage of green space, residents and visitors alike flock to Riverside/Brooklyn for entertainment and relaxation. Enhancing the neighborhood's appeal is its proximity to Jacksonville's employment hub - Downtown with over 51,000 employees and three Fortune 500 headquarters.
 
     
  MANY POSSIBLE CONFIGURATIONS AND USES
The Property is zoned IL & CRO which provides an opportunity to redevelop the site for residential, hotel, retail or office use.
 
     
  VISIBILITY AND ACCESS
Located directly off the Acosta Bridge, the Property has high visibility with signage opportunities on major roadways and could be part of the downtown Jacksonville skyline. The major intersection of I-95 and I-10 is less than a 10 minute commute.
 
     
  VISIBILITY AND ACCESS
- Located in the rapidly growing Brooklyn/Riverside neighborhood which combines a true live-work-play destination, creating Jacksonville's newest retail and social atmosphere
   
- Sits directly on the Northbank River Walk, a two-mile-long scenic walkway that connects Riverside to Downtown Jacksonville
   
- Waterfront property
   
- High income neighborhood
   
- Quick walk to restaurants, shoppes and grocery stores
 
     
  Investment Summary  
 
Market Jacksonville
Submarket Downtown Northbank
Production Facility ± 299,422 SF
Office ± 53,810 SF
Year Built 1967
Site Acreage 18.84± Acres (includes 4± acres of submerged land)
Zoning IL & CRO
Parcel 088967-0000
 
     

CBRE
+1 (904) 630-6341