Gateway Jax Seeks $55M Downtown Deal | Jacksonville News

Gateway Jax is eyeing over $55 million in city incentives for a luxury hotel and condo tower at Riverfront Plaza, sparking debate as Council pushes to curb cash grants amid looming budget shortfalls. The deal includes tax breaks, completion grants, and profit-sharing — with condo owners even footing park maintenance costs. Meanwhile, the Hotel Merrydelle renovation is being restructured from forgivable loans to a 20-year interest-bearing loan, reflecting shifting priorities on public investment. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Sources:https://jaxtoday.org/2026/09/14/gateway-incentives-for-tower-merrydelle/ More coverage & latest updates:https://sources.thednn.ai/d3626a6d7c419c24 Report issues to [email protected].