Quint and Rishy Studer are building another office building in downtown Pensacola. They are submitting designs to the city’s Architectural Review Board today for a 57,000 square foot, $14.3 million office building at the southeast corner of Jefferson and Intendencia streets, near the YMCA that is under construction. They already have a pre-lease agreement with the Clark Partington law firm.

Andrew Rothfeder, president of Studer Properties, said the new building is the last piece of the whole mix-use development of the Pensacola News Journal site that the Studers purchased in late 2013.

“We knew originally when we bought the site we needed residential downtown badly and some density, true urban neighborhood,” he said. “That project’s now under construction.”

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