Too many projects, too much traffic?
According to Mayor John Peyton, the real estate situation in Jacksonville is on the up-and-up.
He has indicated that developers are constantly coming to him asking for new land to start new projects on. These requests invariably lead to the announcements of new developments such as a 68-story hotel, new condos and the development of a plaza.
All in all, there are 23 development projects downtown that are in various stages of construction. But this hasn’t pleased everyone. Some are openly questioning whether Jacksonville can handle them all along with all the extra problems these projects bring including the increased traffic.
