After a back-and-forth with Jacksonville City Council members, city officials and a Fort Lauderdale-based nonprofit developer appeared to reach a final purchase price for the historic Armory building near Downtown.
The council’s Rules Committee amended legislation Monday afternoon to increase the proposed sale price of the 110-year-old Armory at 851 N. Market St. from $2.54 million to $3.04 million.
Economic development officials at City Hall spanning two mayoral administrations have been working with Reva Development Corp. LLC since 2020 when it won a request for proposals with its plan to restore and repurpose the old Armory into a food hall with artists spaces…