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The District signs deal for riverfront hotel on Southbank

The District signs deal for riverfront hotel on Southbank

The District signs deal for riverfront hotel on Southbank

The developers behind The District — an ambitious mega-development with a Zen-like motif planned for Jacksonville’s Southbank — inked a deal this week for a hotel with up to 200 rooms, which would make it the first riverfront hotel built in downtown since 2001.

Impact Properties, a Florida hotel builder and operator that does business with Marriott and Starwood branded hotels, has signed a sale and purchase agreement with The District team and put down a deposit. The hotel — whose brand wasn’t disclosed — is in the design phase.

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