Developer proposes 1,000-foot observation tower in Jacksonville
A Texas real estate developer proposed building a riverfront observation tower in Jacksonville at a height of 1,000 feet, which would make it the tallest building in Florida.
Dallas-based Presidium Group proposed building an art museum and an aquarium together with a steel-and-glass observation tower called Seaglass Tower.
The proposed development Is one of three for city-owned land along the St. Johns River in Jacksonville.
The city issued a notice in January stating it would accept development proposals for the land until March 8. The top-ranked developer would negotiate a project agreement with Jacksonville’s Downtown Investment Authority.
Shad Khan, owner of the Jacksonville Jaguars professional football team, last week proposed developing a hotel and convention center on the land, which encompasses a public park and a boat repair business called The Shipyards.
Another Texas-based real estate company called Wess Holdings also proposed a project for the city-owned land in Jacksonville and plans to disclose details of its proposal this week.