One Riverside is a $250 million mixed‑use project reshaping the Brooklyn neighborhood and the broader Riverside corridor of Jacksonville, Florida.
The development — led by TriBridge Residential, a privately held, multigenerational multifamily owner, developer and operator based in Atlanta, and developer Fuqua Development — has served as a catalyst for local growth and diversification. New-to-market food and healthcare concepts such as Norikawa Japanese Restaurant, Solidcore fitness studio and the first Northeast Florida locations for Demma Aesthetics Medical Spa and Face Bar and The Salty Donut have selected One Riverside for their first locations in the Jacksonville market.
As one of the earliest and most visible redevelopment efforts in this rapidly evolving district, One Riverside has earned a 2026 CoStar Impact Award after being chosen by an independent panel of industry professionals within the market.
The project’s emphasis on outdoor connectivity — enabled by its proximity to the St. Johns River, restored creekfront and emerging public parklands — reinforces a development model that prioritizes environmental restoration and resilience alongside premier multifamily living.
About the project: Rising on the former 18‑acre Florida Times‑Union site along the St. Johns River, the project’s first phase created 271 luxury multifamily residences, paired with 39,256 square feet of retail space anchored by Whole Foods Market, an upscale riverfront restaurant and a 600‑car parking structure.
The team behind One Riverside overcame a series of complex challenges to make the redevelopment a success, including coordination across multiple owners, including Fuqua Development and TriBridge Residential, following a series of land acquisitions, divestitures and phased development agreements. The project navigated lengthy permitting processes, rising construction costs and phased infrastructure improvements while simultaneously supporting the city’s major undertaking to restore McCoys Creek and create new public parkland. The successful outcome not only revitalized a prominent riverfront site but also demonstrated a model of public‑private collaboration capable of transforming an entire district.
What the judges said: “The impact of this project is all about location location location; transforming the downtown riverfront while making the attractive changes,” said Rick Hall, commercial appraiser for St. Johns County Property Appraisers Office.
“One Riverside is a transformative development. The project, involving the former Florida Times-Union site, adds 271 units in Brooklyn. Paired with the Whole Foods Market, the site also positions One Riverside as an interconnected waterfront destination with the refurbished McCoys Creek," added Steve Harriss, senior field research analyst, CBRE.
They made it happen: The TriBridge Residential development team included Managing Partners Lee Walker, Steve Broome, Andy Green and Bobby West and Partner Annie Asdal, with financing provided by Citizens Bank and All State Investments. Elizabeth Craig, Connor Berry, Emily Miner and Shannon Danylo of TriBridge Residential's property management team also worked closely with project stakeholders to make the project a success.