American dreamer: Why developer David Ergisi keeps aiming higher

The man behind plans for a $450 million Downtown tower says the challenges he overcame as a first-generation immigrant steel his will to succeed.


  • By Ric Anderson
  • | 12:00 a.m. October 25, 2024
  • | 0 Free Articles Remaining!
Cross Regions Group President and CEO David Ergisi plans to build a condo tower in Downtown Jacksonville east of Riverfront Plaza and west of the Hyatt Regency Jacksonville Riverfront garage that would be taller than the Bank of America Tower about three blocks away.
Cross Regions Group President and CEO David Ergisi plans to build a condo tower in Downtown Jacksonville east of Riverfront Plaza and west of the Hyatt Regency Jacksonville Riverfront garage that would be taller than the Bank of America Tower about three blocks away.
Photo by Ric Anderson
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As David Ergisi discusses his resolve to build his $450 million signature tower along the Downtown Northbank, he tells a story that began 40 years ago. 

In it, he is an 18-year-old stepping off an airliner at New York City’s John F. Kennedy International Airport. In his pocket is $80. It is all the money he has.

He also carries the phone number of a North Carolina resident he met in Turkey, his home country. This is the only person he can turn to for help in the U.S., the nation to which he has immigrated.

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