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More housing in 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.