City Encourages Downtown Housing Development

9 October 2001 - 8:00am

Downtown Jacksonville housing developments are being spurred on by financial incentives from the city.

"Grants, loans, tax breaks and credits are being provided by city officials to make it easier for developers to build different kinds of housing, such as apartments, condominiums and townhouses. The rationale used by city officials to provide incentives to developers is to jump-start a nonexistent downtown housing market."

Full Story: Downtown incentives
Source: The Florida Times-Union, October 8, 2001
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Its very unsuitability for an urban center justifies its current usage as a suburban or ex-urban pattern.