Gateway Jax has chosen a Jacksonville-centric name for its residential building at 515 N. Pearl St. and announced that the project will include a Japanese restaurant on the ground floor.
In a March 3 news release, Gateway Jax said the 205-unit apartment building would be known as Vandeveer. The name refers to Thomas Vandeveer Porter, whose historic Porter House Mansion immediately east of the building is part of Gateway Jax’s $750 million-plus Pearl Square district.
The release said preleasing will begin soon, with the first residences expected to be completed in late summer 2026.
The restaurant, a concept from Steve Palmer of The Indigo Road Hospitality Group, will serve wood-fired dishes off of a robata grill, plus sushi, sashimi and other Japanese-inspired dishes, according to the release.
Cocktails, wine, sake and zero-proof drinks also will be on the menu.
Vandeveer was Gateway Jax’s first project to start construction, with groundbreaking in October 2024.
Apartments include studio, “junior” one-bedroom, one- and two-bedroom units. The development will include a club room with coworking spaces, a pet spa and an outdoor terrace with a pool, grills and seating.
Jacksonville-based FaverGray is the general contractor, with civil engineering provided by England-Thims & Miller.
Retail leasing is led by Colliers’ Urban Division and new parks proposed on adjacent sites are designed by Hoerr Schaudt.
DLP Capital and JWB’s Downtown Fund are the primary investors.
The city approved a $9.06 million REV grant and $4.63 million completion grant for the project, then known as Block N11, in 2024.