$6.5 million riverfront property deal sets stage for Southbank luxury apartments

“The Broadstone River House will be built by Arizona-based Alliance Residential Co. between the Lexington Hotel and the Duval County School Board headquarters.

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Tim Graff, the development manager for Alliance Residential, said the construction cost will be about $26 million. The land costs north of $6.5 million.”

To read the full story, visit the Jacksonville Business Journal.