Tallahassee’s Community Redevelopment Agency has approved the sale of the Bloxham Building and old jail near Cascades Park. The move is part of a redevelopment effort in the area, and could become the new home of a mixed use development project.
The sale is for nearly $4.3 million. In place of the Bloxham building and jail, would rise a boutique hotel, townhomes and apartments, office space and possible restaurants. That’s according to North American Properties, the only developer to submit a bid for the property. Those plans aren’t final. The city hopes once development takes place, the properties would be worth more than $150 million, which could generate $1.3 million in taxes in the first year.
Some of the planned space would be used as a green room for the Cascades Park amphitheater, and the city would sell up to 145 parking spaces to the developer.Read the full story at wfsu.org