DLP Capital, JWB Real Estate-sponsored, Gateway Jax, to Break Ground on Multifamily Building at $2B Pearl Square Mixed-Use Project in Downtown Jacksonville

5/20/2025

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REBusinessOnline

• Subcategory: MF: Market Rate

• Tag: New Construction

• Additional Filters-Subcategory: MF: Midrise

• Company: DLP Capital, JWB Real Estate Capital

Gateway Jax has unveiled plans to break ground on the second building at Pearl Square, a 1.5 million-square-foot mixed-used development underway in downtown Jacksonville. Following the groundbreaking of 515 Pearl in October 2024, 425 Beaver Street will feature 286 multifamily units, onsite parking and nearly 20,000 square feet of retail space.