Note by click on the Aerial Picture of downtown Pensacola, you will go to a website about Downtown!!!!

DOWNTOWN PENSACOLA IS THE HEART OF THE CITY OF PENSACOLA, FLORIDA!

Are you interested in DOWNTOWN properties?

Downtown Pensacola is a wonderful place to live.  It is where Pensacola began which makes it a historic place to live with over 300 years of history! There is a wonderful blend of new with old combining historical buildings, historical homes, upscale lofts, fine dining, parks, retail shops, marinas and waterfront fun!

Downtown is the primary center for arts & culture within the Pensacola region and has convenient amenities, unique shops, fantastic restaurants that are just a trolley ride away. Downtown has a creative community spirit combined breathtaking water views – families, empty nesters and singles alike have found a place to call home in Downtown Pensacola.

Aragon Court is a subdivsion downtown which is a 20+acre site referred to as the "Aragon" site is a Traditional Neighborhood Development (TND) project that extends the neighborhood "fabric" of the Seville area to the north. There are 129 residential lots and several mixed-use (office, retail, residential) sites on this waterview location.

Sidewalks, tree-shaded streets, historic street lighting, a central park space and easy access to downtown Pensacola's thriving business district have created a renewed interest in downtown living. This project will further realize the long held goal of the CRA to create a 24-hour-a-day population in the inner City through infill residential development.

MARITIME PARK is a $70+ million waterfront development.

LANDBANK CAPITAL GROUP WAS CHOSEN
 park board's top-ranked Land Capital Group, a commercial real estate firm headquartered in Park City, Utah. Land Capital has assembled a team that includes the world's leading sports architecture firm HOK Sport; the Target Group, which deals with minority business participation in some of the biggest projects in Chicago; Commarts Design, whose clients include Publix Super Markets and St. Joe Land Company; Haycon Ltd., which has consulted on projects around the world, including the Red Square in Moscow; and Karin Bacon, sister of actor Kevin Bacon, whose company, Karin Bacon Events, has such clients as the U.S. Open, Vanity Fair and Saks Fifth Avenue.

Fortunately, only HOK Sport and Target present with Land Capital, but the Land Capital team still uses every second of its 30 minutes. It describes its approach to development with the words collaborative, transparent, innovative and results-oriented.

Land Capital has already completed two projects in Pensacola: Walgreen's on Cervantes Street and Ninth Avenue and the new Starbucks on Bayou Boulevard in front of Rave's Bayou 15 theater complex. It's also developing the Wachovia Bank, Office Depot and Chili's at the corner of Fairfield Drive and Mobile Highway in West Pensacola.

"We believe that the Community Maritime Park will bring a vitality to the western edge of downtown Pensacola," Scott Davison, Land Capital CEO, says in a phone interview. "We see the park as a place people will come and where they will stay. It will be a place for tourists, but also somewhere locals can work, play, dine and live."

Land Capital got interested the park thanks to real estate broker Cindy Griffith of Saxet Realty.

"I began working with Cindy back in 1995 when I was the vice president of development for Hollywood Video," Davison says. "She has also helped find land to build Ruby Tuesday and Starbucks. When Cindy brought the park concept to us, we immediately saw it as an excellent development opportunity that could be a true catalyst for the area."

Land Capital is developing the new Cypress Landing in Crestview just north of Interstate 10. Cypress Landing is a 120-acre, mixed-use development including retail, entertainment, office and residential. It is Land Capital's hope that the project will become the new town center for Crestview. The first phase has 360,173 square feet of retail and entertainment and is scheduled to open in fall 2008.

To design the multi-use stadium, Land Capital brought in HOK Sport. Its global client list includes 24 Major League Baseball franchises, 30 NFL franchises, 80 professional and civic arena clients, 40 soccer and rugby teams and 120 colleges and universities. HOK has designed 18 Triple A, 12 Double A and 18 Single A baseball parks, including the Montgomery Riverwalk.

"We've bolstered our development team with experts in their fields," Davison says. "Land Capital will handle the market analysis and the execution of the master developer agreement, but we want to bring in people who insure we have the optimal design for this project."

The Target Group was brought aboard to help Land Capital meet the requirements of the CMPA's Covenant with the Community and help with the Contractor's Academy.

"We interviewed several human resource companies, but Target was so far ahead of its competitor that it was an easy decision," Davison says.

Target Group is a Chicago-based management consulting firm that promotes "human capital development." In 14 years, Target Group has generated more than $1 billion worth of business for hundreds of minority and women-owned companies, and over 4,000 jobs for Chicago-area residents.

Currently, Target Group is working on the McCormick Place West Expansion project in Chicago that will add a fourth building to the huge McCormick Place complex, The construction includes 470,000 square feet of exhibition space and 250,000 square feet of meeting space with more than 60 meeting rooms.

When asked if working with such a large team from all over the country is difficult, Davison replies, "No, just the opposite occurs. These companies get excited about a project like the Community Maritime Park because they see an opportunity to help a market that was devastated by hurricanes and because it's also an opportunity to work with other world-class firms

 

 

Palafox Pier Day & Sunset CLICK ON TO OBTAIN MORE INFORMATION ON PALAFOX PIER!!!

  TRILLUM - downtown waterfront park.  Aquarium artist rendering below

Jacksons facing historic Plaza de Ferdinand, click on for City of Pensacola Downtown Master Plan.  I sold the condo above Jacksons.

Seville Square Music in the Park on Thursday evenings

click on picture for link to Psychological Associates

 DOWNTOWN MASTER PLAN

Downtown Pensacola is host to many recreational activities and events. At the center of Downtown are its many public parks – with acres of century-old oak trees, these parks are known for hosting events and concerts throughout the year. Events occur every week Downtown – from the ever-popular McGuire’s Run, which draws thousands of runners annually – to numerous parades, festivals, marathons, and summer nights gathering on a blanket for “Evenings in Old Seville Square.” With activities that range from experiencing the coastal ecosystem to watching the famous sunset over the bay every night, Downtown serves as a recreational hub for all of Pensacola.

Project Greenshores - a habitat-restoration project along downtown Pensacola's waterfront, attracts large numbers of waterbirds, gulls, tern, and cormorants. Located on the northwest side of the Pensacola Bay Bridge, sometimes more than 300 are seen at one time!

Civic Center - home to Pensacola’s own hockey team, the Ice Pilots, and numerous sports activities from youth ice hockey to a competitive indoor soccer league. You’ll also find your favorite artists, musicians and performers here.
For more information, go to
www.pensacolaciviccenter.com

Historic Pensacola Village - a complex of late nineteenth century homes, several museums and the Colonial Archaeological Trail. The Village includes homes such as the Lavalle House, the Dorr House, the Julee Cottage and other historical homes. The Museums include the "Museum of Industry, Museum of Commerce, T.T. Wentworth, Jr., Florida State Museum. The Colonial Archaeological Trail begins with an exhibit telling you about the British Fort site and it's history then your led to a Garrison Kitchen, then a government house, a British well sight and other excavations.

Seville Square - at the center of Downtown’s historical district is Seville Square, a park nearly 200 years old. In the 1960's a small group of preservationists began the reconstruction of the square and today it serves as the focal point of festivals and concerts where thousands gather.

Pensacola’s Community Maritime Park (Plan Currently in the works) - The park represents an exciting new chapter for Pensacola's waterfront. The Community Maritime Park is a public/private venture planned for the 27.5 acres of publicly owned property on Pensacola Bay. It will include a 3,500-seat multi-purpose stadium, a conference/continuing education center, a maritime museum, and a mixed-use development including retail and commercial space. On April 14, 2005, the City Council approved to move forward with the plan. Next on the agenda is for the council to approve the finances, development and operations for the plan they accepted. For more information on this very exciting plan, go to www.propensacola.com

Downtown Palafox Street

Palafox DowntownDowntown Palafox has been restored and offers retail and office space with parking and access to the waterfront nearby.

The renovation of sidewalks, parking spaces, and landscape along a three-block section of Palafox Place in downtown Pensacola has been completed. As a part of the streetscape renovation the city has added 15 new on-street parking spaces for the convenience of downtown visitors. Stretching fromPalafox Downtown Garden Street to Government Street, the three-blocks are the core business section of the downtown area. Downtown Pensacola offers a wide variety of shopping, dining, entertainment and services convenient to downtown employees, residents and visitors. Within this three-block area there are sixty businesses that offer a wide variety of shopping, dining, entertainme

WHO LIVES DOWNTOWN?

During this past August and September, the Pensacola Downtown Improvement Board conducted a survey of the 588 households (1058 residents) that reside within the area bounded by Belmont and Heinberg Streets on the North, “A” Street on the West, 17 th Street on the East, and the shoreline of Pensacola Bay on the south. The results, from this annual survey of downtown residents sheds new and revealing light on those that call the downtown area home.

With an 88% confidence level, the results suggest that the typical downtown resident was most often (53%) female. Similar majority percentages held true for all parts of the survey area except for the waterfront neighborhoods within the area south of Garden Street and west of Palafox Street. In that quadrant of downtown, men outnumbered women by almost 2 to 1.

The average age for the typical downtown resident was around 57. Some 45% of all downtown residents fall within the age category of 50 to 64. The next largest age group (23%) was those that identified their age as being from 35 to 49. Only 5% of all downtown residents are over the age of 75 while just 11% were under the age of 18.

Typical educational attainment for downtown residents is defined as someone with at least a college degree (67%). Forty-one percent of the total downtown residential population also has some graduate work or a graduate degree or more. Only 4% of those over the age of eighteen have not completed college.

Eighty-nine percent of all downtown households contain no children (i.e. those under the age of 18). The fewest children were found in the Belmont-DeVillers section of the survey area ( i.e. the area north of Garden Street and west of Palafox Street). Of the 11% of downtown households that do have children, a majority (55%) had only one child. The average household size was 1.8 persons. Thirty-eight percent of the people residing downtown live alone. The most common family unit was defined as spouses or significant others living together (48%). Another 5% of households defined the relationship of the people living in the household as roommates.

Thirty percent of downtown households have combined household income levels in excess of $100,000. The next largest household income category (20%) was found among those having incomes between $40,000 to $59,000. Only 14% of households had combined incomes less than $20,000. These numbers are not surprising considering that 70% of all downtown residents are employed. Another 21% are retired. The 9% that do not define themselves as actively in the workforce or retired include stay-at-home spouses, full-time students, and the unemployed.

Of those that work, 23% are engaged in general business activities. Employment in education and government each account for 16% of the employment sectors found among downtown residents. Medical professions comprised another 15%; and service sector jobs are held by 13% of all downtown residents. Other employment sectors mentioned less frequently included: legal, transportation, clerical, technology, retail, creative services, and the arts.

Not surprisingly, 35% of residents work in the downtown. 30% work outside of the downtown but within the City of Pensacola. Another 22% are employed somewhere in Escambia County outside of the City of Pensacola. Six percent work in Santa Rosa County; and another 6% work from home.

Ninety-six percent of all households have at least one automobile. An identical percentage of all residents over the age of 17 are registered to vote in Escambia County. Seventy-six percent of downtown residents own their own homes. Of those that do not currently own, 57% plan to try and purchase a home in the downtown area within the next two years.

Forty-eight percent of downtown residents have lived in the downtown for more than one year but less than six. Those that have lived downtown for more than 20 years accounted for 16% of all residents. The vast majority (89%) of downtown residents identify the primary reason for living downtown as convenience. The next closest reason (for access to cultural/artistic attractions) was identified first by only 3% of residents.

A complete report of the results from this research can be viewed on the DIB website (www.downtownpensacola.com). Please remember that this data was obtained from existing residents of Downtown Pensacola during August and September 2005 – not the purchasers and/or occupants of the ten new condominium projects planned or under construction in the same area. Armed with these results, our efforts to attract more quality retail and residential development will only be enhanced. It is indeed a great time to be in Downtown Pensacola.

Events

From Mardi Gras parades to the Blue Angel Homecoming Show, Downtown Pensacola is alive with unique events for everyone. For outdoors enthusiasts there’s McGuire’s Annual Run, where a green beer will greet you at the finish line. Looking for a taste of culture? Try Downtown Gallery Night – when hundreds of residents flock downtown as galleries and businesses host everything from art exhibitions and live demonstrations to music. If you’re lucky enough to be here in June you’ll find yourself surrounded by the Fiesta of Five Flags – celebrating the five flags of the countries that have ruled over the city with parties, parades, sand castle contests and treasure hunts!




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