Investments In Our Downtown
The Bank of America building at Canon Perdido and State Street quietly sold last month for north of $7M. The Howard Canfield Building on the corner across the street (occupied by H&M, Wendy Foster, Blue Owl, etc) is rumored to be in escrow, and Paseo Nuevo Mall has begun its $20 million renovation. In addition to this activity on State Street, Amazon and the building owner of the former Saks off Fifth are making quick work of their improvements to 1001 State Street. These significant investments are positive signs that downtown SB is not doomed after all!