SDG – Laura Street Trio Redevelopment – Florida - Project Profile
"SDG – Laura Street Trio Redevelopment – Florida - Project Profile" contains information on the scope of the project including project overview and location. The profile also details project ownership and funding, gives a full project description, as well as information on contracts, tendering and key project contacts.
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Southeast Development Group (SDG), a joint venture company formed by Atkins Group Inc., AGI Equities, Dav-Lin Construction Co., Linea LLC and Molasky Group of Companies is undertaking the redevelopment of former bank property in Florida, the US.
The project will renovate of the Laura Street Trio buildings and 18-story Barnett National Bank building. It includes the construction of 100 apartments, a dormitory, a school, restaurants, a 120-room Courtyard by Marriott hotel, a 1,579m2 retail space, a sky lounge, a grocery store, a conference center, 300 parking spaces and related facilities.
In April 2013, SDG acquired the Barnett Bank building and the Laura Street Trio property for US$3 million, borrowed from Stache Investments Corp.
In December 2014, SDG signed a contract with Winegardner & Hammons, Inc. to manage the Courtyard by Marriott hotel.
Dav-Lin Construction Co.'s in-house division will undertake the construction works on the project.
On September 15, 2015, SDG presented the project proposal to the Jacksonville City Council.
In the fourth quarter of 2015, SDG partnered with Molasky Group of Companies to develop the project.
In June 2017, SDG secured approval for $9.8 Million in Public Investments.
Construction is expected to commence by the end of August 2017.
The project will renovate of the Laura Street Trio buildings and 18-story Barnett National Bank building in Jacksonville, Duval County, Florida, the US.
The US$90 million project includes the following:
1. Renovation of bank building
2. Construction of 100 apartments
3. Construction of a 120-room hotel
4. Construction of a 1,579m2 retail space
5. Construction of a conference center
6. Construction of a dormitory
7. Construction of a school
8. Construction of restaurants
9. Construction of a sky lounge
10. Construction of a grocery store
11. Construction of 248 parking spaces and related facilitiesReasons To Buy