Under Construction

Southbank Residences

Jacksonville · Mixed-Use

Southbank Residences is a $200 million, landmark mixed-use development that broke ground on May 20, 2026 along Jacksonville's St. Johns River — the city's first new luxury high-rise on the downtown riverfront in more than a decade.

Official Website
Last verified Jul 17, 2026
2.4 yrs to delivery
43%
AnnouncedBreaking GroundConstructionOpening SoonNow Open
05.20.26
Start
Est 2028
Completion
395
Units
25
Floors
Scroll for details
The story so far
Announced 2026 est.
Financing secured May 2026Groundbreaking May 20 2026 backed by $202.7M private investment (Related Group); delivery ~2028. Address backfill.
oftmw.com
Broke ground May 20, 2026Related Group broke ground May 20, 2026 on Southbank Residences (Icon 25-story + Manor 8-story, 395 units) after ~6-year delay; $202.7M private investment plus $58.79M public funding (completion grant + Recapture Enhanced Value grant). Official site lists "Unveiling 2028."
oftmw.com
Going vertical May 20, 2026Related Group broke ground May 20, 2026 after ~6 years; $202.7M investment, city permit issued June 11 2026 (Jax Daily Record)
oftmw.com
Expected opening 2028 est.
Milestones are dated to when they actually happened and linked to their source. This record fills in over time as TMW tracks the project.
About the project

Southbank Residences is a $200 million, landmark mixed-use development that broke ground on May 20, 2026 along Jacksonville's St. Johns River — the city's first new luxury high-rise on the downtown riverfront in more than a decade. Developed by Related Group and designed by internationally acclaimed architect Carlos Ott (Paris's Opéra Bastille), with MSA Architects as record architect and interiors by ID & Design International, the project delivers 395 rental residences across two connected towers: the 25-story Icon Southbank and the eight-story Manor Southbank. The development is anchored by a 4,500-square-foot waterfront restaurant activating the Riverwalk and Friendship Park, a 29-slip marina, a public boat ramp, and 601 structured parking spaces. Resort-style amenities include a spa and wellness center with cold plunge and saunas, a waterfront pool, speakeasy, library, golf simulator, private theater, fitness center, sky lounge, and a penthouse-reserved rooftop clubroom and terrace. Residents have direct access to the 1.25-mile Southbank Riverwalk. Rents start at $2,000/month for a studio to over $7,000 for a three-bedroom. Completion is expected in 2028–29. 25

The Jacksonville market 23 · Balanced supplySouthbank 5-project pipeline · 1,251 residences and keys · peak Late ’28 Explore the market →
Journal Coverage
Southbank Residences has been covered in 1 article on Markets of Tomorrow.
Common questions

Frequently asked

Where is Southbank Residences located?

Southbank Residences is located in Jacksonville.

When will Southbank Residences be completed?

Southbank Residences is under construction, with completion expected in 2028 (a TMW estimate).

Who is developing Southbank Residences?

Related Group is the developer behind Southbank Residences.

Who designed Southbank Residences?

Southbank Residences was designed by Carlos Ott & More.

How big is Southbank Residences?

Southbank Residences rises 25 stories with 395 residences.