What Gateway Jax does

Gateway Jax is a Jacksonville, Florida-based commercial real estate development company founded in 2022, focused on large-scale, human-centric, mixed-use urban revitalization of Downtown Jacksonville's NorthCore district. The company was created as a private, sponsor-backed development platform by JWB Real Estate Capital ($1.3B AUM) and DLP Capital ($5B+ AUM), with DLP providing the majority of development capital through its private evergreen funds. In September 2023, Gateway Jax acquired 22 acres of contiguous downtown property spanning 20+ city blocks — described as one of the largest urban core revitalizations in the US by geographic span — with a stated total build-out of $2+ billion over the next decade.

The company's product portfolio is organized around the $500M Pearl Street District first phase and the $750M Pearl Square flagship mixed-use project, encompassing multifamily residential (1,000+ to 1,250+ units across blocks), 100,000–200,000+ sq ft of ground-floor retail and restaurant space, Class A office, an adaptive-reuse parking garage modernization, and a proposed luxury hotel/condo tower at Riverfront Plaza. The Publix-anchored 31,000 sq ft grocery store addresses a documented downtown fresh-food gap. Architectural partnerships (Morris Adjmi, SK+I, Elkus Manfredi, Hoerr Schaudt) support a design-led product positioned around walkability, sustainability, and connectivity. Revenue mechanics are property development and leasing (multifamily, retail, office, hospitality) and ongoing asset management fees on stabilized properties, with institutional leasing executed through Colliers and JLL. The company has secured $98.58M in city incentives for the first phase, broke ground in October 2024, and targets first building delivery in 2026.

Name

Gateway Jax

Legal name

Gateway Jax

Website

https://gatewayjax.com

Company type

Private

Founded year

2022

Operating status

Operating

Headcount range

1–10 employees

Short description

Gateway Jax is a Jacksonville, Florida-based commercial real estate developer founded in 2022, executing a $2+ billion mixed-use urban revitalization across 25 downtown blocks. Its flagship Pearl Square project will deliver 1,250+ residential units, retail, office, and a Publix-anchored grocery store.

Ownership category

akta.pro rank

Headquarters

HQ city

Jacksonville

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Marketing or Sales, Technology or R&D

Revenue model

1. Property Development and Leasing: Gateway Jax develops mixed-use properties and generates revenue through leasing residential units, retail space, and commercial space to tenants. They also sell or lease completed developments to investors.
2. Asset Management: The company manages real estate assets through affiliated property management companies, generating ongoing management fees.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels5 records

Core offering

Gateway Jax is a commercial real estate development company that acquires, entitles, and builds large-scale mixed-use urban communities in Downtown Jacksonville. Its portfolio combines multifamily residential units, ground-floor retail and restaurant space, Class A office, and hospitality components, and the company generates revenue by leasing those spaces to tenants and selling or managing completed developments for investors.

Product overview

Gateway Jax is a Jacksonville-based commercial real estate development company founded in 2022, sponsored by JWB Real Estate Capital and DLP Capital. The company manages a $2+ billion development pipeline spanning 25 city blocks in Downtown Jacksonville. Gateway Jax's primary offerings are large-scale mixed-use development projects, with Pearl Square being the flagship project—a $750 million urban neighborhood transformation. The company's product portfolio includes multiple distinct developments: the Pearl Street District (residential and retail buildings), the Lighthouse Garage Modernization (adaptive reuse of historic parking structure), anchored retail tenants like the Publix grocery store, and the proposed Riverfront Plaza Tower. These projects combine multifamily residential units with ground-floor retail, restaurants, and public spaces to create walkable urban communities.

Differentiator

Problem solved

Functional benefit

Products and services

• Pearl Square A $750 million mixed-use urban neighborhood development transforming approximately nine city blocks in Downtown Jacksonville into a walkable community with 1,250+ residential units, a boutique hotel, 200,000+ sq ft of retail and dining, and public spaces including parks, widened sidewalks, and a curbless festival street. Targeted at urban residents, retailers, restaurants, and office tenants.
• Pearl Street District Gateway Jax's first phase development in Downtown Jacksonville's NorthCore district, spanning multiple blocks with mixed-use buildings combining multifamily residential units and ground-floor retail/restaurant space. Represents a $500 million build-out and is supported by a $98.58 million city incentive package.
• Lighthouse Garage Modernization Conversion of the historic First Baptist Church 'lighthouse' parking garage at 721 N. Pearl St. into a multiuse structure featuring ground-floor retail and restaurant space. An adaptive reuse project within the broader Pearl Street District.
• Publix Grocery Store (Pearl Square anchor) A 31,000-square-foot full-service Publix grocery store anchoring the retail portion of Pearl Square at 119 W. Beaver St., filling a gap in fresh food access for downtown residents. Anchored retail offering serving the surrounding mixed-use development.
• Riverfront Plaza Tower A proposed 17-story tower at Riverfront Plaza featuring luxury hotel rooms and condominiums, part of Gateway Jax's broader downtown revitalization plans. Hospitality and luxury residential offering.

Quantifiable outcome

• 2,700 permanent jobs created at full build-out
• +3 more outcomes

Named customers2 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Eight partnerships are on record, tiered core, strategic and minor.

• CollierscoreChannel Partner/ Reseller/ DistributorColliers handles Pearl Square leasing. Matthew Clark serves as the leasing contact for retail and commercial space at Pearl Square.
• WingardstrategicGTM or Marketing PartnerWingard handles PR and media inquiries for Gateway Jax. Ashley Williams serves as the PR contact ([email protected], 904.452.8709).
• Elkus Manfredi ArchitectsstrategicStrategic or Co-development PartnerElkus Manfredi serves as architect for Block N4 and overall site plan design team for Pearl Street District.
• Morris Adjmi ArchitectsstrategicStrategic or Co-development PartnerMorris Adjmi designed Block N8, a 22-story mixed-use building with approximately 530 residential units in Pearl Square.
• SK+I ArchitecturestrategicStrategic or Co-development PartnerSK+I Architecture designed Block N11, a seven-story mixed-use building with 205 residential units.
• Hoerr SchaudtstrategicStrategic or Co-development PartnerHoerr Schaudt serves as landscape architect for Pearl Street District site plan.
• JLLstrategicChannel Partner/ Reseller/ DistributorJLL will lead leasing efforts for Pearl Square's first office building.
• Corner on MainminorGTM or Marketing PartnerCorner on Main (by Corner Lot Living) and Gateway Jax are co-presenting sponsors of Jacksonville PorchFest 2025.

Scale indicators8 records

Recent moves8 records

Expansion highlights6 records

Direct peers

• Strategic Property Partners (SPP): SPP is the Water Street Tampa developer where Gateway Jax's CEO Bryan Moll was EVP. It executes large-scale, mixed-use, urban district redevelopments under public-private partnership with the City of Tampa — directly comparable in scale, master-planning approach, and capital structure to Gateway Jax's Downtown Jacksonville work.
• JBG SMITH: JBG SMITH is the mixed-use developer behind Amazon HQ2/National Landing where Eric Shullman and Shane Omar previously led large mixed-use entitlements. It is a direct functional peer in mixed-use urban redevelopment adjacent to transit/anchor institutions.
• The Howard Hughes Corporation: Howard Hughes develops master-planned mixed-use districts (e.g., The Woodlands, Columbia, Seaport) combining residential, retail, office, and hospitality at multi-decade horizons — closely comparable to Gateway Jax's 25-block Downtown Jacksonville master plan.
• Related Companies: Related is one of the most active large-scale mixed-use developers in the US (Hudson Yards, The Point, CityPlace), focused on urban live-work-play districts. Comparable to Gateway Jax in combining affordable/luxury residential with retail and office at district scale.
• Cordish Companies: Cordish develops mixed-use urban entertainment districts (e.g., Fourth Street Live, Xfinity Live!) and master-planned neighborhoods. Comparable to Gateway Jax's emphasis on activating downtown with retail, dining, and entertainment anchors.

Broad incumbents

• Tishman Speyer: Global real estate developer/owner with a deep mixed-use portfolio including Rockefeller Center and The Spiral. A broader incumbent that overlaps with Gateway Jax's Class A office and mixed-use strategy but operates at much larger scale and geography.
• Hines: Hines is a global real estate developer with deep mixed-use, master-planned, and master-planned community experience (e.g., Domain in Austin, Tysons). Comparable in mixed-use product type but operates globally and at much larger scale.
• Brookfield Properties: Brookfield owns and develops office-led mixed-use districts (e.g., Manhattan West, Five Manhattan West). Comparable to Gateway Jax's office leasing strategy via JLL at Pearl Square, though at vastly different scale.

Emerging players

• Steiner + Associates: Steiner + Associates specializes in mixed-use town centers and urban districts (e.g., Easton Town Center). Comparable in mixed-use, retail-anchored, walkable community format though at smaller district scale than Gateway Jax's downtown footprint.
• Crescent Communities: Crescent Communities develops mixed-use master-planned communities in the Sun Belt (e.g., NOVEL, Revel). Comparable to Gateway Jax's Sun Belt multifamily/mixed-use playbook at a slightly smaller per-project scale.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks7 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/gatewayjax

Revenue estimate

Valuation estimate

Number of profiles

Profiles17 records

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Gateway Jax