After nearly six years of planning and two trips back to the drawing board, The Related Group of Miami held a ceremonial groundbreaking May 20 for its high-rise project on the Downtown Southbank of Jacksonville.
“These are simple words we’ve been waiting a few years to say, but here we are,” said Ron Melendez, executive vice president for Related, kicking off an event attended by the company’s founding executive chairman, Jorge M. Perez, Mayor Donna Deegan, Jacksonville City Council members Ken Amaro, Joe Carlucci, Jimmy Peluso and Ron Salem, and others.
Related’s proposed Southbank Residences is a 25-story tower and eight-story building with an attached parking garage at 835 Museum Circle, the site of the demolished River City Brewing Co.
According to Related, the project involves a $202.7 million private investment and is the first new luxury high-rise on the Jacksonville riverfront in more than a decade…