Top Deal: Phoenix Arts & Innovation District launches in New Springfield

Here is a look at some of the biggest deals in 2023.


The Phoenix Arts & Innovation District comprises 10 properties across 8.3 acres in North Springfield. It will begin with two properties at 2320 and 2336 N. Liberty St.
The Phoenix Arts & Innovation District comprises 10 properties across 8.3 acres in North Springfield. It will begin with two properties at 2320 and 2336 N. Liberty St.
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The Phoenix Arts & Innovation District north of Historic Springfield is taking shape on 8 acres in the New Springfield area filled with old warehouses, empty lots and the colorful murals of its recent identity as the Phoenix Arts District.

The city enacted legislation in August 2023 to rezone the property for commercial, multifamily residential, light industrial and indoor/outdoor recreation uses. 

The Phoenix Arts & Innovation District encompasses 120,000 square feet of “adaptively repurposed” warehouse spaces.

Since 2020, Miami-based Future of Cities has been buying the property to regenerate the neighborhood into affordable housing, innovation, markets, food trucks, events, green space and more.

Companies owned by Future of Cities in Miami have been investing in about two dozen parcels east of Main Street to Liberty Street, south of East 15th Street and generally north of the rail line.

Naked Kitchen, a Jacksonville restaurant with plant-based and protein options, signed as the first tenant in the district’s Liberty Building. It intends to open in summer 2024.

“Springfield and the Eastside have a rich cultural heritage that Future of Cities will celebrate and support as we co-create the Phoenix Arts + Innovation District with local residents, artists, non-profits, and business owners to be a catalyst for equity and growth,” said Tony Cho, founder and CEO of Future of Cities.

Top Deals and Newsmakers of 2023

Here is a look at some of the biggest deals and people who made headlines in 2023.

Top Deals:

Cosentino Group plans $270 million first phase of manufacturing plant. Story here

Blackwater Development says it has Regency Square Mall deal. Story here

Ponte Vedra Inn & Club wins approval to start expansion, renovations. Story here

ICE finalizes its $11.9 billion acquisition of Black Knight Inc. Story here

‘Stadium of the Future’ plans are unveiled by the Jaguars. Story here

Gateway Jax plans $500 million Downtown project in NorthCore. Story here

Aldi buying Winn-Dixie, Harveys parent Southeastern Grocers. Story here

Regency Centers buys Urstadt Biddle in $1.4 billion deal. Story here


Top Newsmakers:

Donna Deegan makes history as Jacksonville’s first female mayor. Story here

Bryan Moll poised to help revitalize Downtown with Gateway Jax. Story here

Nick Allard guides JU College of Law toward new Downtown campus. Story here

Aundra Wallace an assured but low-key leader in region’s growth. Story here

Suzanne Pickett: Advocate for city’s Historic Eastside. Story here


Obituaries of 2023:

Activist and community advocate Ben Frazier. Story here

Beaver Street Fisheries Chairman Hans ‘Harry’ Frisch. Story here

Civic leader and insurance executive Marvin Cecil 'Ceree' Harden III. Story here

 

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