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Florida’s most populous city, Jacksonville, is known for its museums and beaches. But this city in northeast Florida is also well known for its vibrant commercial real estate scene, which has attracted an eclectic group of companies and developers in recent years.
In the past year, electric vehicle manufacturer Cenntro Automotive announced it would open its first U.S. factory in Jacksonville. Pent-up demand, affordable real estate and a growing population are behind other developments in the metropolitan area, including the $200M redevelopment of the Morocco Shrine Center into a 37-acre mixed-use project with 1,025 residential units.
"It's a strong market and it's going to continue to get stronger,” one Florida developer told Bisnow.
Find out how strong the Jacksonville CRE market could get at Bisnow’s Jacksonville State of the Market event on March 10, presented by RISE. Other topics likely to be discussed include the city’s growth in employment in the STEM, office and tourism sectors, and why the city continues to attract people from other Florida cities and beyond. Click here to learn more or register.
Opening remarks will be delivered by Matt Marshall, vice president of development for RISE, a Florida company specializing in creating student and multifamily housing.
Other scheduled speakers will include:
Aundra Wallace, CEO of Jackson’s Downtown Investment Authority.
Mike Balanky, president and CEO of Chase Properties.
Peter Anderson, vice president of Pattillo Industrial Real Estate.
Ryan Holmes, CEO of RISE.
This will be a live event at the DoubleTree by Hilton Jacksonville Riverfront. Bisnow is committed to following safe protocols, including the wearing of face masks by all attendees and participants, socially distanced seating and enhanced sanitation practices.
To learn more about or register for the Jacksonville State of the Market event, visit here.
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