A new, modern condo is coming to Jacksonville Beach for the first time in 15 years.

Jacksonville’s Downtown Investment Authority voted Wednesday afternoon to allow a Miami-based developer to proceed with plans for a $90 million, 335-unit complex next to Friendship Foundation, a project that would involve the demolition of River City Brewing Company. Some background: The city, which owns the land where the restaurant sits, gave a 99-year lease to the owner of River City Brewing Company in 1998. The first plans unveiled by The Related Group included the aforementioned luxury apartment complex, but no restaurant or retail space. I’m glad there’s a cap at $500,000.”Unlike River City Brewing Company, the new restaurant would not sit right on the water, representatives for the developers said. For the time being, River City Brewing Company remains open as does the marina.