Costs are up and sponsorships are down for the downtown Jacksonville concert series, according to DVI.
JACKSONVILLE, Fla. — The DoubleTree downtown is getting a $14.6 million renovation and a name change.
Renovation plans for the property will include a complete reimagining of its guestrooms, public spaces, building exterior, pool and sun deck, existing food and beverage offerings, as well as the addition of a new riverfront dining concept, according to a news release. The loan has an initial principal balance of approximately $26.25 million, with an additional $9.49 million available to fund a product improvement plan at the hotel.
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