After years of revisions, several different lawsuits, Edwards Cos. has officially broken ground on its $300 million redevelopment project Atlantic Crossing.
Atlantic Crossing, which spans two city blocks downtown is under construction beginning with the underground parking garage.
Atlantic Crossing will feature 73,000 SqFt of retail space, 83,000 SqFt of office space as well as luxury apartments and condominiums. The project is estimated to add $2.6 million in annual tax revenues and 600 permanent jobs.
The project will span nine acres along Atlantic Ave. It is bound by Federal Highway to the west and Veterans Park along the intracoastal Waterway to the east.
The parking garage will take about 15 months to complete. The project will be under construction for the next five years.
Completion of the first luxury residential residences is anticipated for 2020, with additional park-side residential units added in 2022.