Downtown Vision Inc. (DVI), the nonprofit business improvement district for downtown Jacksonville, recently released its 2023 State of Downtown Report, an 18-month recap of progress and development in downtown Jacksonville from Jan. 1, 2022, through June 30, 2023.
Each year, DVI tracks and analyzes the downtown’s performance in key indicators of urban vitality, such as development and investment, residential demand, office market and employment base, transportation and infrastructure enhancements and tourism health.
The 2023 report is released in a new digitally interactive format to complement DVI’s suite of free research resources.
The 2023 report tracks a significant increase in public and private projects in the development pipeline; as of June 2023, the pipeline totaled approximately $8 billion, up from $5 billion in last year's report. Additional highlights from the 2023 State of Downtown Report include:
“The future of downtown Jacksonville has never been brighter, thanks to leadership from Mayor Deegan, City Council, the Downtown Investment Authority and private sector leaders building transformational projects,” said Jacob Gordon, CEO of Downtown Vision Inc. “Our annual State of Downtown Report outlines and analyzes all the downtown data to view our progress all in one place. From expanded waterfront access and tourism amenities to unprecedented residential growth, this report shows many sides to the growth of DTJax.”
In addition to the report, users can find additional Downtown research at DTJax.com/Research. This research includes quarterly visitor and persona dashboards powered by Placer.ai and Spatial.ai, which provide geofenced data on COVID-19 recovery, visitor and employee traffic, visitor, employee and resident personas and brand category affinities.
It also includes interactive resident, employee and visitor survey summaries that offer insights on respondents experiences, perceptions and behaviors. Users can export data to provide more robust insights for their own projects and presentations.
The full report is available for review and download at DTJax.com/downtown-reports.