Pearl Square in Downtown Jacksonville evolves, expands

Gateway Jax says the development, now encompassing nine properties, will provide “everything an individual may need on a daily basis.”

  • By Ric Anderson
  • | 12:00 a.m. June 8, 2025
  • | 0 Free Articles Remaining!
Pearl Square looking at the building in Block N4, now called 425 Beaver St. The building will include 286 multifamily units, nearly 20,000 square feet of retail space and on-site parking. Gateway Jax broke ground on the project May 29.
Pearl Square looking at the building in Block N4, now called 425 Beaver St. The building will include 286 multifamily units, nearly 20,000 square feet of retail space and on-site parking. Gateway Jax broke ground on the project May 29.
Gateway Jax
  • Business
  • Share

As the Pearl Square development in Downtown Jacksonville comes out of the ground, it’s also growing in acreage and size of investment.

Gateway Jax, which held a groundbreaking May 29 for its second Pearl Square building, reports that the development has grown to nine properties and a cost of $750 million. The original plan was for five properties and a $419 million investment.

As construction begins on Gateway’s $110 million mixed-use project at 425 Beaver St., the properties now involved in Pearl Square also include:

Continue reading your article
with a JAX Daily Record subscription.
What's included:
  • ✓ Unlimited digital access to JaxDailyRecord.com
  • ✓ E-Newspaper app, digital replica of print edition
  • ✓ Mailed printed newspaper every Thursday
Subscribe

Already subscribed? Sign in.

 

Sponsored Content

×

Special Offer: $5 for 2 Months!

Your free article limit has been reached this month.
Subscribe now for unlimited digital access to our award-winning business news.