These must-have Insider Deal household items are at unbeatable prices!A brief history of RISE Doro apartments, the $67M downtown complex that caught fire before opening
The developer wants to rebuild as soon as possible. If the deal is approved, they won’t have to start from scratch. Crews spent weeks tearing down what was left of the wood frame but the concrete base and the parking garage are still standing.To get the remainder built the Downtown Investment Authority is discussing an incentive package that comes out to more than $15 million. The project as a whole is expected to cost around $79 million.
According to the proposal, the rebuild will include 247 residential units with 85 units dedicated to being “affordable.”There will not be a full vote on Friday from the Downtown Investment Authority. The meeting is just a finance and budget committee meeting to discuss the plan and continue moving it forward.Chris Will has joined the News4JAX team as a weekend morning reporter, after graduating from the University of Florida in spring 2024.