After years of negotiations, the Downtown Investment Authority and the Laura Street Trio developer have reached an impasse.The Downtown Investment Authority staff again recommended that the city end negotiations with the developer of the Laura Street Trio on the latest round of requests for public incentives to resurrect the historic buildings, according to News4JAX’s news partner the Jacksonville Daily Record.A staff report scheduled to be discussed at a Friday board meeting states that “staff cannot recommend continuing negotiations for approval of City funding in the Laura Street Trio redevelopment provided” by SouthEast Development Group LLC.Steve Atkins, principal of SouthEast and owner of the buildings since 2013, said he was caught off-guard by the report, but that he supports the move. “In my mind, there’s nothing more important for Downtown. Now that the stadium deal is done, this is front and center. And the only way I think something is going to happen is if we work directly with the Council,” Atkins told the Jacksonville Daily Record. DIA documents put a $194.2 million price tag on the renovations with SouthEast requesting about $89 million in city incentives. Those numbers, according to a DIA report, put the city “at risk” and is seen by staff as not worth consideration.(To read the latest, go to JaxDailyRecord.com)RELATED: Laura Street Trio developer says historical buildings could come down if deal isn’t reached with city | Developer wants loan assistance to help jumpstart long-delayed Laura Street Trio project downtown | City, developer of Laura Street Trio leave the door open for potential project partnershipSources told News4JAX in May that the developer and the city were close to an agreement, but no one is talking on the record.News4JAX has heard from several sources that there could be loans and incentives for the project that could total close to $67 million from the city, but nothing has been decided.Councilman Matt Carlucci has been pushing for the trio redevelopment from the start.“As a friend of mine said, this is kind of like Moby Dick, you know, and but I think maybe we got the harpoon in this time, and we’re going to reel it in,” Carlucci said.