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Preston Hollow Capital has commenced construction on a new mixed-use development along the Southbank of the St. John’s River in Jacksonville. The project, known as RiversEdge, will feature a variety of amenities including restaurants, hotels and apartments on the site formerly occupied by a power plant.

The highly anticipated RiversEdge development is set to include 1,130 residential units, 147 hotel rooms, 200,000 square feet of office space and 120