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The District on Downtown Southbank secures $35.6 million bond financing | Jax Daily Record | Jacksonville Daily Record


02:16 PM EST
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Preston Hollow Capital plans to start infrastructure work in early 2021 for the estimated $600 million mixed-use development.  
Preston Hollow Capital LLC’s will meet its deadline from the Downtown Investment Authority to secure bond financing to fund site infrastructure for its $600 million project The District on Jacksonville’s Downtown Southbank.
Preston Hollow Managing Director Ramiro Albarran
The DIA announced Dec. 22 that The District Community Development District closed on $35.56 million in bonds. Preston Hollow Managing Director Ramiro Albarran said in an interview that the money was sent by wire transfer earlier in the day.
“We think it’s going to be an energizing project for the city of Jacksonville,” Albarran said. ....

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