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"Then each time Fleetwood would be not so much overcome by remorse as bedazzled at having been shown the secret backlands of wealth, and how sooner or later it depended on some act of murder, seldom limited to once."
American dreamer: Why developer David Ergisi keeps aiming higher
The man behind plans for a $450 million Downtown tower says the challenges he overcame as a first-generation immigrant steel his will to succeed.
By Ric Anderson
October 25, 2024
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Ergisi is pursuing the most ambitious project of a development career that has progressed from shopping centers to the 100-acre Fountains at St. Johns mixed-use development in St. Johns County to what would be his crowning achievement, the proposed 720-foot Ergisi Tower in Downtown.
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The proposed tower is complex, and not just because of its size.
It is planned for a cramped site adjacent to the Main Street Bridge, where the easternmost ramp would have to be demolished to shoehorn the project into the small space.
At least one large underground utility pipe would have to be rerouted, and unmapped lines could be found upon further inspection.
What it would take to deal with the infrastructure issues, and how much it would cost, have yet to be determined.
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“Office buildings are our factories – whether for tech, creative or traditional industries we must continue to grow our modern factories to create new jobs,” said United States Senator Chuck Schumer.