{"id":473948,"date":"2025-12-27T01:14:15","date_gmt":"2025-12-27T01:14:15","guid":{"rendered":"https:\/\/www.europesays.com\/us\/473948\/"},"modified":"2025-12-27T01:14:15","modified_gmt":"2025-12-27T01:14:15","slug":"this-week-in-jacksonville-business-edition-11","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/us\/473948\/","title":{"rendered":"This Week in Jacksonville: Business Edition"},"content":{"rendered":"<p class=\"dist__Box-sc-1fnzlkn-0 dist__TextBase-sc-1fnzlkn-3 bYFsJw cuqaEv article-text\"><strong>JACKSONVILLE, Fla.<\/strong> \u2013 Downtown Jacksonville continues strong growth as 2025 ends, says Jake Gordon, CEO of Downtown Vision, Inc., who has been leading the organization for nearly 11 years and joined the next episode of \u201cThis Week in Jacksonville: Business Edition.\u201d<\/p>\n<p class=\"dist__Box-sc-1fnzlkn-0 dist__TextBase-sc-1fnzlkn-3 bYFsJw cuqaEv article-text\">\u201cIt\u2019s wonderful. My kids have grown up here. The Jaguars are having an amazing year. Finally. And it\u2019s gorgeous out, so what more could you ask?\u201d Gordon said.<\/p>\n<p class=\"dist__Box-sc-1fnzlkn-0 dist__TextBase-sc-1fnzlkn-3 bYFsJw cuqaEv article-text\">Downtown Vision releases an annual State of Downtown Report measuring progress. Gordon says most metrics are up, showing continued momentum, but also highlighting how much more growth is possible.<\/p>\n<p class=\"dist__Box-sc-1fnzlkn-0 dist__TextBase-sc-1fnzlkn-3 bYFsJw cuqaEv article-text\"><b>PREVIOUS EPISODE | <\/b><a href=\"https:\/\/www.news4jax.com\/news\/local\/2025\/12\/18\/this-week-in-jacksonville-business-edition-franchise-opportunities-grow-in-river-city\/\" target=\"_blank\" rel=\"noreferrer noopener\" title=\"https:\/\/www.news4jax.com\/news\/local\/2025\/12\/18\/this-week-in-jacksonville-business-edition-franchise-opportunities-grow-in-river-city\/\"><b>Franchise opportunities grow in River City<\/b><\/a><\/p>\n<p class=\"dist__Box-sc-1fnzlkn-0 dist__TextBase-sc-1fnzlkn-3 bYFsJw cuqaEv article-text\">\u201cWe have about 9,000 residents downtown, up from 8,000 a year ago,\u201d he said. \u201cThe goal is 20,000 residents or about 5% of the city\u2019s population living downtown. Retail follows rooftops, so more residents bring more amenities.\u201d<\/p>\n<p class=\"dist__Box-sc-1fnzlkn-0 dist__TextBase-sc-1fnzlkn-3 bYFsJw cuqaEv article-text\">Jacksonville\u2019s downtown spans about three square miles with distinct districts like Brooklyn, LaVilla and North Bank Court. Gordon noted the importance of walkability and transit options like JTA\u2019s Navi autonomous vehicles to connect these areas.<\/p>\n<p class=\"dist__Box-sc-1fnzlkn-0 dist__TextBase-sc-1fnzlkn-3 bYFsJw cuqaEv article-text\">The downtown development pipeline totals $6.5 billion, with $2.5 billion currently under construction. Major projects include Gateway Jacksonville\u2019s $2 billion Pearl Square, new residential buildings, retail, hotels, and grocery stores like Whole Foods and an approved Publix.<\/p>\n<p class=\"dist__Box-sc-1fnzlkn-0 dist__TextBase-sc-1fnzlkn-3 bYFsJw cuqaEv article-text\">\u201cWhen I arrived 10 years ago, there were no cranes in the sky. Now there is significant investment and construction happening,\u201d Gordon said.<\/p>\n<p class=\"dist__Box-sc-1fnzlkn-0 dist__TextBase-sc-1fnzlkn-3 bYFsJw cuqaEv article-text\">Leadership commitment has been key to this progress. Mayors and city council members recognize downtown as an economic driver. Downtown\u2019s taxable value is five to six times higher than suburban areas, helping fund city services.<\/p>\n<p class=\"dist__Box-sc-1fnzlkn-0 dist__TextBase-sc-1fnzlkn-3 bYFsJw cuqaEv article-text\">Public spaces have also improved, creating life beyond the 9-to-5 office environment. Downtown now has three signature playgrounds and world-class parks like Riverfront Plaza and Friendship Fountain.<\/p>\n<p class=\"dist__Box-sc-1fnzlkn-0 dist__TextBase-sc-1fnzlkn-3 bYFsJw cuqaEv article-text\">\u201cMayor Deegan said we want a front lawn for our city. Downtown should be that place on the river,\u201d Gordon said.<\/p>\n<p class=\"dist__Box-sc-1fnzlkn-0 dist__TextBase-sc-1fnzlkn-3 bYFsJw cuqaEv article-text\">The Emerald Trail, a connector for downtown neighborhoods, is part of the future vision alongside transit improvements. New supermarkets like Publix will enhance walkability and livability.<\/p>\n<p class=\"dist__Box-sc-1fnzlkn-0 dist__TextBase-sc-1fnzlkn-3 bYFsJw cuqaEv article-text\">Brooklyn\u2019s transformation with Whole Foods and new residential and retail options exemplifies the mixed-use growth happening across downtown.<\/p>\n<p class=\"dist__Box-sc-1fnzlkn-0 dist__TextBase-sc-1fnzlkn-3 bYFsJw cuqaEv article-text\">The University of Florida\u2019s graduate campus and the Florida Semiconductor Institute are major educational anchors coming to downtown, aligning with Jacksonville\u2019s \u201ceds and meds\u201d strategy.<\/p>\n<p class=\"dist__Box-sc-1fnzlkn-0 dist__TextBase-sc-1fnzlkn-3 bYFsJw cuqaEv article-text\">\u201cThis will be life-altering investment. Kids born tomorrow could attend graduate school downtown,\u201d Gordon said.<\/p>\n<p class=\"dist__Box-sc-1fnzlkn-0 dist__TextBase-sc-1fnzlkn-3 bYFsJw cuqaEv article-text\">The stadium of the future anchors an entertainment district with Jaguars headquarters, luxury hotels, and public spaces. Flexible transit systems like the Navi will accommodate diverse users and evolving needs.<\/p>\n<p class=\"dist__Box-sc-1fnzlkn-0 dist__TextBase-sc-1fnzlkn-3 bYFsJw cuqaEv article-text\">\u201cDowntown used to be inflexible. The new downtown will be hospitable and adaptable,\u201d Gordon said.<\/p>\n<p class=\"dist__Box-sc-1fnzlkn-0 dist__TextBase-sc-1fnzlkn-3 bYFsJw cuqaEv article-text\">As 2026 approaches, Downtown Vision and city leaders remain focused on building a vibrant, connected, and economically strong downtown Jacksonville.<\/p>\n<p>Copyright 2025 by WJXT News4JAX &#8211; All rights reserved.<\/p>\n","protected":false},"excerpt":{"rendered":"JACKSONVILLE, Fla. \u2013 Downtown Jacksonville continues strong growth as 2025 ends, says Jake Gordon, CEO of Downtown Vision,&hellip;\n","protected":false},"author":3,"featured_media":473949,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5136],"tags":[5229,16212,3188,723,7310,5158,16211,67,586,132,5230,68,2969],"class_list":{"0":"post-473948","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-jacksonville","8":"tag-america","9":"tag-business-edition","10":"tag-fl","11":"tag-florida","12":"tag-jacksonville","13":"tag-podcasts","14":"tag-this-week-in-jacksonville","15":"tag-united-states","16":"tag-united-states-of-america","17":"tag-unitedstates","18":"tag-unitedstatesofamerica","19":"tag-us","20":"tag-usa"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@us\/115788884471454047","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/473948","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/comments?post=473948"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/473948\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/473949"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=473948"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=473948"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=473948"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}