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Developer seeks building permit for $34 million Union Terminal redevelopment

Columbia Ventures Managing Partner Dillon Baynes said the project would be open in 2023.

Atlanta-based Columbia Ventures LLC is taking a step forward in its adaptive reuse of the Union Terminal Warehouse.

The developer applied to the city Oct. 20 for a building permit for a $34 million project to renovate the historic building at 700 E. Union St.

Columbia Ventures plans to convert the structure into apartments, commercial uses and possibly dining and entertainment. …

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Source Jacksonville Daily Record

Denver Celebrates Construction Of 150 New Affordable Apartments In Elyria-Swansea

A City loan, totaling $1.5 million, helped make the land acquisition possible prior to anticipated future market-rate development forces.

Denver officials joined the Urban Land Conservancy (ULC), Columbia Ventures and Clínica Tepeyac today to celebrate the groundbreaking of Viña, a 150-unit income restricted apartment development located at 48th and Race. Viña represents the first phase of an affordable mixed-use development spanning six acres across an entire city block in the Elyria-Swansea neighborhood. In addition to providing affordable housing, the project will include the expansion of local healthcare services by Clínica Tepeyac. …

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Source Denver Patch

ACHP Leadership’s Tour of Union Terminal Warehouse Highlights Florida’s First Use of Opportunity Zone and Historic Tax Credits

JACKSONVILLE, FL – ACHP Chairman Aimee Jorjani and ACHP Vice Chairman Rick Gonzalez today toured the Union Terminal Warehouse project in Jacksonville, Florida, located in one of 21 Duval County-designated Opportunity Zones. Originally constructed in 1913, work is underway to turn the former warehouse into a mix of apartments, commercial space, maker/artist studios, and restaurants.

Joining Chairman Jorjani and Vice-Chairman Gonzalez on the tour were Jacksonville City Councilman Reginald “Reggie” Gaffney, an avid supporter of and advocate for the project; representatives from the developer Columbia Ventures, Jacksonville’s Downtown Investment Authority, and City of Jacksonville’s Historic Preservation department; and Chuck Shealy from Local Initiative Support Corporation, who provided acquisition debt financing and continues to be an advocate for the redevelopment.

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Source Advisory Council on Historic Preservation (ACHP)

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