News

Mar 29, 2017

Investors taking a look at Arlington

 

Jacksonville University President Tim Cost chummed the waters, as he called it, Monday as he met with area commercial brokers, builders and designers.

He was churning up interest in Arlington, where JU has assembled 200 waterfront acres, and Cost has his eyes on more land in the area.

“I yearn to see Arlington appropriately supported,” Cost said after telling members of the NAIOP Commercial Real Estate Development Association about JU’s investment in its campus.

He hopes others see the potential return on investment in the aging commercial neighborhoods of one of the city’s first suburbs after completion of the Mathews Bridge in 1953. The bridge connected Downtown to what was essentially rural land ripe for executive and workforce housing, shopping centers and schools.

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