Jacksonville’s public utility JEA is in negotiation with a developer led by Live Oak Contracting LLC to sell its former Downtown tower and campus to be redeveloped into The Jewel.
On Aug. 21, JEA’s Awards Committee selected Live Oak’s plan to buy the utility’s former headquarters for $1 million and redevelop it into The Jewel mixed-use residential, retail and restaurant project.
Karen McAllister, public informations officer for JEA, confirmed the selection and negotiation to Jacksonville Today in an email Friday. This story was first reported by the Florida Times-Union…