Jacksonville, Florida, December 9, 2025
The historic Laura Street Trio in downtown Jacksonville has been sold, marking a significant milestone in its long-awaited redevelopment. Comprised of the Florida Life Building, Bisbee Building, and Old Florida National Bank, the Trio is set to be transformed into a Marriott Bonvoy–Autograph Collection Hotel, along with residential and retail spaces. This sale not only preserves architectural heritage but also aims to spur further development and revitalization of the downtown area.
Jacksonville, Florida
Sale of Laura Street Trio Marks New Momentum in Downtown Redevelopment
Jacksonville’s historic Laura Street Trio has been sold, signaling a significant advancement in the long-stalled redevelopment of downtown Jacksonville.
The sale of the Laura Street Trio, a group of three historic buildings located on and near Laura Street in downtown Jacksonville, Florida, marks a significant advancement in the long-stalled redevelopment of downtown Jacksonville. The Trio consists of two perpendicularly arranged skyscrapers, the Florida Life Building and the Bisbee Building, plus a third structure, the Old Florida National Bank (or Marble Bank), which is framed by the other two in a unique pattern. The three buildings, constructed in the wake of the Great Fire of 1901, are architecturally significant but have been vacant and exposed to the elements for more than three decades.
The sale is expected to pave the way for the adaptive reuse of these historic structures into a Marriott Bonvoy–Autograph Collection Hotel, 169 blended-rate apartments, retail, and entertainment spaces. This development is part of a broader effort to revitalize downtown Jacksonville and attract new businesses and residents to the area.
The Laura Street Trio has been a focal point in Jacksonville’s redevelopment plans for years. Previous attempts to redevelop the properties faced challenges, including legal disputes and financial hurdles. The recent sale represents a renewed commitment to preserving the city’s architectural heritage while promoting economic growth.
City officials and community leaders have expressed optimism about the project’s potential to stimulate further development in the downtown area. The successful sale and forthcoming redevelopment of the Laura Street Trio are seen as a catalyst for additional investments and revitalization efforts in Jacksonville’s urban core.
Key Features of the Laura Street Trio Redevelopment
| Feature | Description |
|---|---|
| Historic Significance | The Laura Street Trio consists of the Florida Life Building, Bisbee Building, and Old Florida National Bank, all constructed after the Great Fire of 1901, representing significant architectural heritage. |
| Redevelopment Plans | The project includes transforming the buildings into a Marriott Bonvoy–Autograph Collection Hotel, 169 blended-rate apartments, retail, and entertainment spaces. |
| Previous Challenges | Earlier redevelopment efforts faced legal disputes and financial obstacles, leading to the properties remaining vacant for over three decades. |
| Community Impact | The redevelopment is expected to stimulate further investment and revitalization in downtown Jacksonville, attracting new businesses and residents. |
Frequently Asked Questions (FAQ)
What is the Laura Street Trio?
The Laura Street Trio is a group of three historic buildings located on and near Laura Street in downtown Jacksonville, Florida. The Trio consists of two perpendicularly arranged skyscrapers, the Florida Life Building and the Bisbee Building, plus a third structure, the Old Florida National Bank (or Marble Bank), which is framed by the other two in a unique pattern. The three buildings, constructed in the wake of the Great Fire of 1901, are architecturally significant but have been vacant and exposed to the elements for more than three decades.
What are the plans for the redevelopment of the Laura Street Trio?
The sale is expected to pave the way for the adaptive reuse of these historic structures into a Marriott Bonvoy–Autograph Collection Hotel, 169 blended-rate apartments, retail, and entertainment spaces. This development is part of a broader effort to revitalize downtown Jacksonville and attract new businesses and residents to the area.
Why has the redevelopment of the Laura Street Trio faced challenges in the past?
Previous attempts to redevelop the properties faced challenges, including legal disputes and financial hurdles. The recent sale represents a renewed commitment to preserving the city’s architectural heritage while promoting economic growth.
What is the significance of the sale for downtown Jacksonville?
City officials and community leaders have expressed optimism about the project’s potential to stimulate further development in the downtown area. The successful sale and forthcoming redevelopment of the Laura Street Trio are seen as a catalyst for additional investments and revitalization efforts in Jacksonville’s urban core.
Deeper Dive: News & Info About This Topic
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Author: STAFF HERE JACKSONVILLE WRITER
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