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Nearly six acres of property to be added downtown Pensacola

PENSACOLA -- More housing in downtown Pensacola.  It could be going up where the Pensacola News Journal building is now.
The newspaper owns a city block at the corner of Romana and Jefferson Streets along with several nearby parking lots.  A spokesman says quint and Rishy Studer are in talks to buy the property, nearly six acres.
Before it's a done deal, various appraisals and environmental tests have to be done. The Studers are also ordering a market study to decide what kind of housing is feasible for downtown.