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There are nine parks along the St. Johns River in development Downtown, what officials say will be a valuable asset in attracting development.
The 18.8-acre Northbank site will comprise apartments, a grocer and shops.
Developer expects the site to be cleared by July for redevelopment into apartments, retail, restaurant and park space.
TriBridge then paid $15.5 million for apartment land and the city paid $6 million for public space.
Demolition will start “almost immediately” on the vacant newspaper buildings for redevelopment into apartments, a grocer, retail stores and public uses.