Jacksonville Transportation Authority

The Jacksonville Transportation Authority was founded in 1971 and is an independent state agency. The Kings Avenue Station, which broke ground in 2008, is the first planned transit-oriented development project in Jacksonville. The $60 million development plans to include two 8-story hotels and mixed-use developments that will feature residential, retail, and restaurants. The area is expected to have an urban design within two walkable city blocks. Other transit-oriented development project sites in the pipeline, include the Bay Street Station, Laura Street, and 200 Riverside. The agency held $649 million in assets and generated revenue of $126 million in 2010.

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