The riverfront Downtown site of the imploded Berkman II condominium project is scheduled to be auctioned March 25 following a court-ordered foreclosure of the property.
Choate Construction Co. was granted a final judgment of foreclosure on the Berkman II property Downtown at 500 E. Bay St. on Feb. 27 in the 4th Circuit Court.
The order directs that if the defendants, PB Riverfront Revitalization of Jacksonville LLC, 500 East Bay LLC, James Bergman, the City of Jacksonville, Pece of Mind Environmental Inc. and Arwood Site Services LLC, do not pay Choate principal, interest, late fees, property tax advanced and attorney fees totaling $5,125,739, the property will be sold at public auction March 25 by the Duval County Clerk of Courts.
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