FREE
January 23-29, 2020
Mathis Report: Beeline relocating headquarters at Flagler Center PAGE 4
jaxdailyrecord.com
JACKSONVILLE
Record & Observer DEVELOPMENT
JAGUARS PLANNING Record & Observer PHASE II FOR LOT J JACKSONVILLE
Photo by Mike Mendenhall
The proposed logo for 121 Financial Ballpark, the home of the Jacksonville Jumbo Shrimp.
Total investment in project next to TIAA Bank Field could hit $700 million.
Deal would rename the Baseball Grounds
JACKSONVILLE
Record & Observer
Naming rights agreement for 121 Financial Ballpark will require the approval of City Council.
JACKSONVILLE
Record & Observer BY MIKE MENDENHALL STAFF WRITER
Where Lot J Phase II could rise BY MIKE MENDENHALL STAFF WRITER
N
egotiators for Jacksonville Jaguars owner Shad Khan and the city have not drafted a final deal for his $450 million to $500 million Lot J development, but team leadership already is looking ahead to a possible Phase II. Jaguars President Mark Lamping outlined the Phase II concept during an interview Jan. 21 to include two high-rise towers and a connecting parking garage that he said could be nearly $200 million on top of the investment in the first phase. “Our hope was that Lot J would be a catalyst for other development. In fact, we’re already talking about the next phase of Lot J which would bring the total to around $700 million,” Lamping said. One tower would be residential and the
Jaguars President Mark Lamping said Phase II of the Lot J development would include two high-rise towers and a parking garage. It would rise on the site of the parking area shown on a map, below, of the Lot J development from the State of the Jaguars presentation in April. The site at Gator Bowl Boulevard and North Georgia Street, above, is now a retention pond.
SEE LOT J, PAGE 6
Basch Report: Rayonier ‘logical acquirer’ of Pope Resources PAGE 3 Plan would bring 3,200 homes and more to Nassau County PAGE 10 Marbut Report: Jimerson Birr is expanding office and staff PAGE 12
A naming rights agreement between Jacksonville Jumbo Shrimp and 121 Financial Credit Union could rename the Baseball Grounds of Jacksonville as 121 Financial Ballpark. Jumbo Shrimp owner Ken Babby announced the 13-year agreement at a news conference Jan. 22 in the ballpark clubhouse with 121 Financial Credit Union interim CEO David Marovich and Mayor Lenny Curry. Babby and Marovich would not disclose the value of the agreement. Another 15-year naming rights agreement for the city-owned VyStar Veterans Memorial Arena directly west of the baseball grounds was secured in February 2019 for $9.76 million with VyStar Credit Union. The Baseball Grounds is owned by the city and the naming rights deal must cleared by City Council. A bill filed Jan. 22 states that the Jumbo Shrimp’s lease agreement with the city amended SEE BALLPARK, PAGE 7
CATHEDRAL DISTRICT
Neighborhood seeking a ‘catalytic project’ Ginny Myrick building road map. PAGE 8 VOLUME 2, NO. 34 • ONE SECTION
JACKSONVILLE DAILY RECORD /J ACKSONVILLE RECORD & OBSERVER
|
THURSDAY, JANUARY 23, 2020
Big news doesn’t break just on Thursday. Here’s a look at some of the top stories published over the past week online at JaxDailyRecord.com and in the Jacksonville Daily Record that you may have missed.
JaxDailyRecord.com
Daily Record JACKSONVILLE
HOW TO REACH US JACKSONVILLE
Daily Record 10 N. Newnan St., Jacksonville, FL, 32202 Phone: (904) 356-2466, Fax (904) 353-2628 jaxdailyrecord.com
Special to the Daily Record
Lucky’s Market at 8380 Merchants Way in OakLeaf Station opened in May.
GROCERIES
Lucky’s Market closing area stores Lucky’s Market, a natural foods grocer, will close all but one of its Florida locations, according to a report Jan. 21 by the South Florida Sun Sentinel. Lucky’s operates two stores in Northeast Florida, in Neptune Beach and Oakleaf. The Oakleaf store opened May 22 at 8380 Merchants Way. The Neptune Beach store at 580 Atlantic
ABOUT US JACKSONVILLE
Daily Record Daily Record
Jacksonville Daily Record and Jacksonville Record & Observer are a division of Observer Media Group Inc. Established in 1912, the Financial News & Daily Record, now the Jacksonville Daily Record, is published Monday-Friday and is the Official Court Newspaper of the Circuit JACKSONVILLE Court and publisher of public notices in Duval County.
Blvd. opened in 2016. The 20 Florida stores will close Feb. 12 and liquidation sales began Jan. 22. The West Melbourne store will remain open, the report said. In December, Kroger, an investor in Lucky’s, announced that after three years it would divest its stake in Lucky’s Market.
Jacksonville Record & Observer is a free weekly business newspaper available in Downtown Jacksonville and key business nodes throughout Jacksonville. To find a location near you, visit jaxdailyrecord.com/rack-locations. Editorial content focuses on news and trends, with a concentration on development, real estate, construction, law, companies, economic and industry trends and how local and state government affects business.
STAFF
RAILROADS
Publisher / Matt Walsh mwalsh@jaxdailyrecord.com
Director of Advertising / Jay Lesowitz jlesowitz@jaxdailyrecord.com
CSX Corp. revenue drops 8% in fourth quarter
Publisher Emeritus / James F. Bailey Jr. jbailey@jaxdailyrecord.com
Advertising Coordinator / Codi Gildberg adassist@jaxdailyrecord.com
Editor / Karen Brune Mathis kmathis@jaxdailyrecord.com
Legal Advertising Manager / Janet Mohr legal@jaxdailyrecord.com
Managing Editor / Monty Zickuhr mzickuhr@jaxdailyrecord.com
Legal Advertising Associate / Rhonda Fisher rfisher@jaxdailyrecord.com
CSX Corp.’s revenue fell in 2019 as economic growth cooled, and the Jacksonville-based railroad isn’t expecting a recovery early in 2020. “We expect underlying economic demand to remain relatively consistent with current levels,” CEO Jim Foote said Jan. 16 in the company’s quarterly conference call with analysts. “It took industrial activity a while to cool off and it will take a while to heat back up,” he said. CSX reported fourth-quarter earn-
ings of 99 cents a share, 2 cents lower than the fourth quarter of 2018. Revenue dropped 8% to $2.885 billion. The company projected lower revenue, but the results still were below the $2.918 billion consensus forecast from analysts surveyed by Zacks Investment Research. The company is projecting this year’s revenue will be flat to possibly 2% lower than 2019 revenue of $11.937 billion.
MANUFACTURING Made In Space moving HQ to Jacksonville Gov. Ron DeSantis announced Jan. 17 that Made In Space will relocate its corporate headquarters from Silicon Valley to Jacksonville. Made In Space develops space manufacturing technology and was the first company to manufacture
Associate Editor Legal Affairs / Max Marbut mmarbut@jaxdailyrecord.com Staff Writer / Katie Garwood kgarwood@jaxdailyrecord.com
Network Administrator / Erik Wagner webadmin@jaxdailyrecord.com Court Typeset / Paula Steiner admin@jaxdailyrecord.com
Staff Writer / Mike Mendenhall mmendenhall@jaxdailyrecord.com
Director of Circulation / Anne Shumate subscriptions@jaxdailyrecord.com
Staff Writer / Scott Sailer ssailer@jaxdailyrecord.com Business Manager / Angie Campbell acampbell@jaxdailyrecord.com
Distribution / Tim Reagan distribution@jaxdailyrecord.com
PRESS RELEASE/INQUIRY/REPRINTS
hardware outside of Earth. It has operated in Jacksonville since 2015 at 8226 Philips Highway in the Baymeadows Business Center. DeSantis said with the move, Made In Space will invest more than $3 million into the new facility.
Submit a press release or editorial inquiry online jaxdailyrecord.com/submit-news-release or email editorial@jaxdailyrecord.com. Article reprints are available at jaxdailyrecord.com
HOW TO SUBSCRIBE Subscribe online at jaxdailyrecord.com/subscribe or contact our subscription department by phone at (877) 231-8834 or email subscriptions@jaxdailyrecord.com PRICES 2 years.................................... $154 1 year.........................................$89 6 months..................................$55
THE DAILY BRIEF There’s a shortcut to staying in the loop
Thursday only ..........$66 per year Single copy.......................35 cents
HOW TO ADVERTISE Display & Digital Advertising: Call Jay Lesowitz at (904) 356-2466 or email jlesowitz@jaxdailyrecord.com
Don’t miss a story. Subscribe to the Daily Brief and we’ll send our top news to you Monday-Friday morning via email. To sign up, visit JaxDailyRecord.com and look for the “Sign up” box, enter your email and you’ll be set.
Legal Advertising: Submit public notices via email to legal@jaxdailyrecord.com
FOLLOW US JaxDailyRecord
POSTAL INFORMATION Jacksonville Daily Record (USPS 190-620) is published daily except Saturday, Sunday & legal holidays (New Year’s Day, Memorial Day, Independence Day, Labor Day, Thanksgiving and Christmas) by Daily Record & Observer LLC, 10 N. Newnan St., Jacksonville, FL 32202. Periodicals postage paid at Jacksonville, Florida and at additional mailing offices. Under no circumstances will any news or records of Duval County be suppressed for anyone. Information in this newspaper is for our subscribers only and must not be used by anyone for publication purposes.
POSTMASTER Send address changes to Jacksonville Daily Record, P.O. Box 15456, North Hollywood, CA, 91615-9965
OFFICIAL DESIGNATIONS The Official Court Newspaper of Duval County by Order of the Circuit Court, July 7, 1961. 319335-1
WHAT’S TRENDING
2
The Official Newspaper of The Jacksonville Bar Association, Nov. 21, 1926.
AFFILIATIONS Florida Press Association
The Official Newspaper for the U.S. Bankruptcy Court for the Middle District of Florida, Jan. 4, 1947.
JACKSONVILLE DAILY RECORD / JACKSONVILLE RECORD & OBSERVER
JaxDailyRecord.com
|
3
THURSDAY, JANUARY 23, 2020
Rayonier ‘logical acquirer’ of Pope Resources
The headquarters of Rayonier in Wildlight in Yulee.
After announcing a deal last week to buy Pope Resources, Rayonier Inc. CEO David Nunes said his company is the “logical acquirer” of the Northwest timber company. “Based on my knowledge of Pope Resources where I spent 17 years, the final 12 of which serving as the CEO, I believe this is a great fit for both companies,” Nunes said in a conference call with analysts. Nunes was recruited from Pope in 2014 to run Rayonier when the timber and real estate development company split with performance fibers firm Rayonier Advanced Materials Inc. into separate public companies. “Our cultures are very compatible and knowing many of the people from both organizations, I believe that there are areas of expertise within each company where we can learn from each other and make the union of our two companies greater than the sum of its parts,” he said. Rayonier, headquartered in Wildlight in Nassau County, owns or manages 2.6 million acres of timberland in the Southeast and Northwest U.S. and in New Zealand. Poulsbo, Washington-based Pope adds 141,000 acres of timber in the Northwest to Rayonier’s portfolio. Rayonier agreed to buy Pope, a publicly traded limited partnership, for $554 million in cash and stock. Pope unit-holders can choose to take cash or Rayonier securities, with the companies expecting 30% to choose the cash option. Nunes said the structure of the deal allows Rayonier to maintain its investment grade
credit rating. Ratings agency Moody’s Investors Services said in a news release the deal is actually “credit positive for Rayonier because Pope’s mature, highquality timberland will slightly increase Rayonier’s scale (acreage increases 5%) and diversify Rayonier’s business with high quality Douglas fir logs that can be sold to various markets.” Pope is a historic company in the Northwest that announced last year it was looking Nunes for possible buyers. “At the risk of oversimplifying the situation, the history of the Pacific Northwest is largely intertwined with the history of Pope Resources and its predecessor firm Pope & Talbot, which was literally established to supply timbers to the California Gold Rush in 1849,” D.A. Davidson analyst Steven Chercover said in a research report. “More recently, some Pope unit-holders have agitated for change, which prompted management to formally explore strategic options in November of 2019,” he said. Chercover thinks the deal is a “win-win” for both companies. “We believe the deeper the Street digs into the Pope deal, the more they will appreciate it, and we are therefore sticking with our Buy recommendation” on Rayonier’s stock, he said. Vertical Research Partners analyst Chip Dillon is more
File image
Regency Property Available
Next to Regency Square Mall
Surround yourself with quality retail tenants: Firestone, Burger King, Wells Fargo, Bank of America, BBVA, Navy Federal Credit Union, JC Penney’s, Starbucks, Ale House, Olive Garden, AT&T, Panera Bread and more! 327459-1
cautious, maintaining a “hold” rating on Rayonier. “While this is not a home run given the full price paid, we see the transaction marginally positive based on (1) its strategic fit within Rayonier’s portfolio and (2) the modest expected per-share earnings accretion,” Dillon said in his report on the deal.
Hedge fund to wage proxy fight against Tegna A hedge fund disappointed that Tegna Inc. did not pursue a buyout offer last year is launching a proxy fight against the television station owner. Standard General L.P. last week said it is nominating Managing Partner Soohyung Kim and three other representatives for election to Tegna’s 11-member board. Standard General said it owns about 9.7% of Tegna’s stock. Tegna owns 62 television stations, including NBC affiliate WTLV TV-12 and ABC affiliate WJXX TV-25 in Jacksonville. In a letter to Tegna shareholders last week, Kim said Tegna’s shares have underperformed the market and the company’s management and board refused his request for board representation. “In our view this refusal reflects a continued pattern of passivity by the Tegna board in the face of persistent underperformance, a questionable M&A strategy, excessive leverage and, recently, the apparent rebuff of an acquisition proposal at a premium valuation from a credible buyer,”
FOR LEASE
Total: 16,100± SF Unit 1: 9,600± SF Unit 2: 6,500± SF Zoned: CCG-1 Rate: $9/SF, NNN $2.45 Daily Traffic Count: 29,000 AADT
CONTACT:
Ronald A. McVay Broker 904-616-1101
Regency Centers upgraded to ‘buy’ As Wall Street continues to assess the impact of retailer bankruptcies on shopping center operators like Jacksonvillebased Regency Centers Corp., one analyst upgraded her rating on the stock last week. Jefferies analyst Linda Tsai upgraded Regency and Federal Realty Investment Trust from “hold” to “buy” as part of an overall look at the industry. “Following consecutive years of stock under performance, blue chips FRT & Regency continue to generate solid cashflow and raise dividends sustainably; both are inexpensive relative to history,” Tsai wrote in her report. “While 2020 is a transition year with lower NOI contribution from redevelopments and store closures, these companies have already guided 2020 preliminarily, limiting risk,” she wrote. Regency has said it expects growth of net operating income, or NOI, to be slow this year. This year began with management changes as Lisa Palmer took over as CEO, succeeding Hap Stein, who became executive chairman. Mike Mas was promoted to
Black Knight downgraded after big market runup
After a big runup in Black Knight Inc.’s stock, Susquehanna Financial Group analyst Jack Micenko last week downgraded the Jacksonville-based mortgage technology company from “positive” to “neutral.” “Black Knight shares are up about 47% since our initiation of coverage in November 2018 (vs. 20% for the S&P 500 over the same time period) and now just a ‘gimme putt’ from our $67 fair value price target,” Micenko said in a research note. Black Knight is a “very high quality business” with a “near monopoly” in its business of providing mortgage processing software, he said. But he doesn’t see big gains coming in earnings or revenue. “While there are several longer term catalysts that remain, we think it is unlikely they impact 2020 guidance in a meaningful way,” Micenko said.
Analyst upgrades Landstar System
Before Landstar System Inc. reports its year-end earnings next week, Susquehanna analyst Bascome Majors upgraded the Jacksonville-based trucking company from “neutral” to “positive.” Majors upgraded Landstar and several other trucking companies that use networks of brokers to arrange freight transport, saying he expects a favorable environment this year for the rates they charge. “With the economy and truckload volumes growing, supply expected to shrink, and seasonal-plus patterns returning to volatile real-time rates, we see the risk of a ‘melt-up’ in spot rates in 2020 as far greater than a meltdown,” Majors said in his report.
MBASCH@ JAXDAILYRECORD.COM
GET YOUR – MEDICAL MARIJUANA – CARD HERE Fast Easy Certification Call now for your FREE pre-evaluation by phone
904 -299 - 5300
10695 Beach Blvd. Jacksonville, FL 32246 CMMDR.COM
FREE MARIJUANA DELIVERY Delivered directly to your home or business We provide Medical Marijuana in a variety of forms such as tinctures, pills, pain patches, vapes, concentrates, buds, vape shatter pills, dry flower & much more!
You NOW get the dry flower to
SMOKE!
323893-1
David Nunes, the CEO of Yulee-based Rayonier, spent 17 years working for Pope.
succeed Palmer as chief financial officer. “Given Ms. Palmer’s 22 years and Mr. Mas’s 17 years of experience, respectively, at Regency, we think company leadership is in good hands and expect continued execution towards Regency’s longer-term goals,” Tsai said.
THE BASCH REPORT
MARK BASCH CONTRIBUTING WRITER
Kim said. “As a result, we are compelled to take the step of nominating our own candidates for election to the Tegna board,” he said. The acquisition offer came from Apollo Global Management Inc. Apollo already was acquiring a group of 14 television stations and 54 radio stations from Cox Enterprises Inc. That deal, completed in December, included six Jacksonville radio stations and Fox network affiliate WFOX TV-30. Apollo also took over management of CBS affiliate WJAX TV-47, which operates with WFOX under a shared services agreement Tegna responded to Kim’s letter with a statement saying it is “patently false” to say the company “stonewalled” Kim. “Mr. Kim has not suggested any transactions to us, and our Board and management team have a track record that demonstrates their openness to all paths to create value for all of Tegna’s shareholders,” the company said.
4
JACKSONVILLE DAILY RECORD /J ACKSONVILLE RECORD & OBSERVER
|
THURSDAY, JANUARY 23, 2020
JaxDailyRecord.com
THE MATHIS REPORT
Beeline relocating HQ within Flagler Center
KAREN BRUNE MATHIS EDITOR
Software company is building out 32,000 square feet of space at a cost of $1.84 million. Jacksonville-based Beeline. com, which develops staffing software, is relocating its headquarters in Flagler Center from 12724 Gran Bay Parkway W. to 12735 Gran Bay Parkway W. next door. Beeline has 195 employees and anticipates growth, said Jessica Ashcraft, head of marketing. Ashcraft said Beeline will occupy the office in April. The relocation into a modern space “will further enable our mission.” “As a Jacksonville-based technology company for more than 20 years, we’ve been helping large enterprises all over the world find the best talent for their workforce,” Ashcraft said. Beeline will move from 29,000 square feet into 32,000 square feet, she said. It will move into space vacated years ago by Bombardier Capital Inc. and joins other tenants in the almost 110,000-square-foot, single-story building that includes the Firehouse Subs headquarters and Siemens Corp. The city issued a permit Jan. 13 for Dav-Lin Interior Con-
Jason Martucci, Kasper Architects + Associates
An artist’s rendering of the cafe for Beeline in new Flagler Center headquarters offices. The software company’s new space will be 32,000 square feet, 3,000 square feet larger than the space it occupies now.
Special to the Daily Record Jason Martucci, Kasper Architects + Associates
An artist’s rendering of the lobby area for Beeline. The software company has 195 employees.
tractors Inc. to build-out Beeline’s space at a cost of $1.84 million. Kasper Architects + Associates is the architect. Beeline describes itself as a global leader in software solutions for managing the extended workforce. It had been owned by The Adecco Group, the world’s largest staffing firm, and private equity firm GTCR until 2018 when it was sold to New Mountain Capital
of New York. David Hillegas, director with Cushman & Wakefield in Jacksonville, and Jonathan Metzl, managing director of the commercial real estate services firm in Chicago, represented Beeline. Tracy Thom-Palumbo of C&W Project Development Services assisted with managing the construction. JLL Executive Vice President Michael Loftin and Senior Vice
Beeline is moving into the former Bombardier Capital Inc. space at Flagler Center. A second-floor mezzanine was removed, creating high ceilings.
President Preston Philips represented the landlord, Crocker Partners, Vanderbilt Office Properties and Farallon Capital Management LLC. “Once complete, this office space will be a trophy tech HQ that will certainly be best in class for Beeline to use to its advantage. It will be an excellent resource to drive recruiting and retention to the Jacksonville marketplace
for Beeline’s benefit,” Hillegas said in a statement. “This will ensure current growth can be sustained and future growth for Beeline can be accommodated, within a strategic foothold in NE FL,” he said. KMATHIS@ JAXDAILYRECORD.COM @MATHISKB (904) 356-2466
RESTAURANT NOTES Starbucks to Lakewood: A closed Daily’s gas station and convenience store site at 5640 San Jose Blvd. in Lakewood could be redeveloped into a Starbucks Coffee Co. shop. JEA is reviewing construction of a Starbucks at the site. Starbucks has a nearby inline store. The company has been building stand-alone shops to replace its inline stores. First Coast Energy LLP sold the property Dec. 18 to the Morgan Companies of Charlotte, North Carolina, for $875,000 Chick-fil-A near Lakewood: The city and the St. Johns River Water Management District are reviewing plans for Atlanta-based Chick-fil-A to build a restaurant at 3814 University Blvd. W., the site where Krispy Kreme closed in 2016. Bowman Consulting Group of Sunrise is the civil engineer. Chick-fil-A intends to remove the 2,711-squarefoot doughnut shop and build a 128seat, almost 5,000-square-foot Chickfil-A on the 1.28-acre site. Plans show 112 seats inside and 16 on the patio.
Bento at Brooklyn Place: The city is reviewing build-out for Bento Asian Kitchen + Sushi at 50 Riverside Ave. in Brooklyn Place. Gdpdesignbuild LLC of Winter Park is the contractor for the $389,000 build-out of $2,650 square feet.
RETAIL NOTES File image
Midtown Table is open at 5016 Gate Parkway in Gateway Village at Town Center.
“Italian-inspired kitchen” restaurant at 5016 Gate Parkway in Gateway Village at Town Center. Tropical Smoothie at Gateway Village: The city issued a permit for build-out of Tropical Smoothie Café in Gateway Village at Town Center. M.L. Warwick Inc. is the contractor for the $197,905 project for 1,370 square feet at 10618 Deerwood Park Blvd.
Whataburger to Oakleaf: JEA is reviewing a utility service availability request for a proposed Whataburger restaurant and drive-thru at 8251 Old Middleburg Road S. in Oakleaf Corner.
Prati Italia at Town Center: Chef and owner Tom Gray opened Prati Italia to succeed Moxie Kitchen + Cocktails at 4972 Big Island Drive in The Markets at Town Center.
Medures open at Gateway Village: Chefs and owners Matthew and David Medure announced Jan. 20 they opened Midtown Table, their new
McDonald’s to Beach Boulevard: JEA issued a service availability letter for construction of a restaurant at 5689 Beach Blvd. in Boulevard Crossing.
Scrubbles to Atlantic North: Scrubbles Express Wash owner Todd Buckner intends to open a car wash this fall in Atlantic North at northwest Kernan and Atlantic boulevards in East Arlington. He said the Scrubbles Express Wash flex model will have 20 vacuum spaces on the express side and eight covered spaces in the full-service area. The city calculated a mobility fee of $27,367 to mitigate the traffic impact of the proposed 5,131-square-foot project on 1.55 acres at 11901 Atlantic Blvd. Gate Carwash to Cedar Hills: The city issued a permit for North Coast Construction Co. to build a Gate Express Carwash on 1.86 acres at 3510 Blanding Blvd. in the Cedar Hills area at a cost of $1.4 million. It’s a 5,089-square-foot building. CVS in Northside, Westside, Arlington: CVS Pharmacy wants to renovate its North Jacksonville store at 50 Duval Station Road at a cost of $225,000. It was built in 2008. It also filed plans to renovate at 4475 San
Juan Ave. at a cost of $300,000. It was built in 2011. CVS has opened its East Arlington store at 11900 McCormick Road. The city issued a permit for the 13,250-square-foot store at a project cost of almost $2.7 million. Publix in Argyle: The city approved interior renovations for Publix Super Markets Inc. at 6001 Argyle Forest Blvd. in Argyle Village Shopping Center. Elkins Construction LLC is the contractor for the $723,164 project. The 52,525-square-foot store was built in 1998. Bad Axe Throwing to Springfield: JEA is reviewing a request for utility service availability for Bad Axe Throwing in a 4,370-squarefoot building at 1719 N. Main St. in Springfield. It is expected to open in the spring. GoPuff’s four locations: The goPuff delivery service of convenience items has three locations and is working on a fourth. Documents show three locations in Whitlock Business Park in Arlington; AC’s Square along St. Johns Bluff Road South, in the Florida State College at Jacksonville area; and 6639 Southpoint Parkway, where GoBrands Inc. was approved for a zoning exception to sell beer and wine, part of its inventory for delivery. It also applied to the city to do business at 1240 Walnut St. in Springfield.
JACKSONVILLE DAILY RECORD / JACKSONVILLE RECORD & OBSERVER
JaxDailyRecord.com
|
THURSDAY, JANUARY 23, 2020
5
File image
The first Amazon fulfillment center at 12900 Pecan Park Road was the first to open in Jacksonville. Special to the Daily Record
The city is reviewing a permit for the $1.4 million remodeling of a warehouse at 2780 Lloyd Road for an Amazon delivery center.
AMAZON IN JACKSONVILLE Amazon’s four major Jacksonville centers:
Amazon plans sixth center in Jacksonville
Northwest Jacksonville: A 2.4 million-square-foot multilevel e-commerce center at 12900 Pecan Park Road. Its base footprint is 855,000 square feet.
The city is reviewing a permit for a Westside delivery center for heavy bulk freight.
Westside Industrial Park: A 240,000-square-foot sortation center at 4948 Bulls Bay Highway that serves as a “mid-mile” delivery center in which Amazon sorts customer orders by ZIP codes before handing off to delivery partners for final delivery.
BY KAREN BRUNE MATHIS EDITOR
Amazon.com wants to open another delivery station in Jacksonville, this one for heavy bulk freight. It would be the sixth Amazon facility in Jacksonville. The city is reviewing a permit for “AMXL HJX1” at 2780 Lloyd Road in West Jacksonville. AMXL is a term used by the Seattle-based online retailer for its delivery stations that deliver heavy bulk freight goods,
Enter the Art of Real Estate
described as 60 to 300 pounds. Rick Wilson & Associates Inc. of Altamonte Springs is the contractor for the $1.4 million renovation of 11,520 square feet of space. Plans show the project “consists of an online retailer moving into an existing space with no change of use or occupancy.” “Operations consist of workers off-loading from larger trucks and loading onto smaller box trucks,” plans say. HJX1 appears to be a location identifier for Jacksonville. Records show the city has issued four permits since Dec. 3 for Amazon at the building for electrical, plumbing and mechanical work totaling $120,500. The Lloyd Road truck terminal has 33 dock-high loading posi-
tions. The site fronts Interstate 295. Records show Ringsby Terminals Inc. of Denver owns the property. Amazon operates four centers in Jacksonville and submitted plans Dec. 11 for a fifth. That would be an e-commerce delivery center in the former Kmart at 4645 Blanding Blvd. in Westside. The 107,000-square-foot discount department store closed seven years ago. Plans show 111,718 square feet total of nonresidential floor area for the Amazon project. The online retailer employs thousands of workers in Jacksonville.
Cecil Commerce Center: A 1.1 million-square-foot e-commerce fulfillment center at 13333 103rd St. in AllianceFlorida at Cecil Commerce Center in West Jacksonville. It was the first to open when it started operations Oct. 1, 2017.
Alta Lakes Commerce Center: A 63,000-squarefoot delivery station at 11084 Cabot Commerce Circle in in North Jacksonville. That’s where Amazon manages its own lastmile delivery to local customers.
File image
A van is loaded at the Amazon delivery center in Alta Lakes Commerce Center.
KMATHIS@ JAXDAILYRECORD.COM @MATHISKB (904) 356-2466
Marital/ Family Law
Join us for Career Night
YOUR NAME HERE Real Estate Agent
It is our belief that family law matters are especially sensitive and emotionally consuming for clients. We are responsive to clients and return telephone calls in a timely and prompt manner because your concerns are our priority. Our family law team strives to provide the best service and advice based on forty (40) years of experience with family law cases. We believe that professionalism, together with hard work, will produce the desired results expected by clients.
Practice areas: • Divorce • Custody • Prenuptial Agreements • Modification Proceedings
Mark M. Green, Esquire
• Martindale-Hubbell AV rating • “Super Lawyers” Top Attorneys in Florida Included since 2007
• Who’s Who in Law • Professionalism Award Family Law Inns of Court
200 West Forsyth Street, Suite 450 | Jacksonville, Florida 32202 (904) 355-1155 | mgreen@gsmslaw.com
319200-1
319294-1
Visit EXIT Real Estate Gallery on Facebook for more information
6
JACKSONVILLE DAILY RECORD /J ACKSONVILLE RECORD & OBSERVER
Lot J CONTINUED FROM PAGE 1
other would be corporate office space, according to Lamping. The three structures would sit at the site of the retention pond on the west end of Lot J near TIAA Bank Field. Phase II was not part of the Lot J announcement during the Jaguars’ State of the Franchise event in April. A site plan displayed in Lamping’s presentation shows a surface parking lot at the site of the retention pond. The city released a term sheet July 31 detailing Lot J’s proposed citybacked incentive package that planned Lamping for a surface lot with 700 parking spaces. Lamping said Phase II and its additional capital investment in the Sports Complex would likely bring a second round of talks with the city for incentives separate from the Lot J proposal that is being negotiated. He said Jan. 21 that Khan’s negotiators have not discussed with the city a public contribution for a second phase. “We need to sit down with the city and determine what would be the appropriate level of participation from the city for that particular part of the development,” he said. “I certainly would expect that if there was another $200 million of development, that there would be a discussion with the city, and it would be for the city to determine whether
|
THURSDAY, JANUARY 23, 2020
they believe that they should participate or not.” The proposed first phase of Lot J comprises a 300-unit residential tower, 200-room hotel, 120,000-square-foot Class A office tower and a Live! Entertainment District. Jacksonville I-C Parcel One Holding Company LLC, a joint venture of Jaguars subsidiary Gecko Investments LLC and the Baltimore, Maryland-based The Cordish Companies, is the project developer. The Jaguars have not announced tenants or operators at Lot J, but Lamping said interest has come from local, regional and national companies. CITY FINANCING ‘CLOSER’
Lamping said city and Jaguars negotiators are “closer than they’ve been” on reaching a deal for city financing. Mayor Lenny Curry’s administration has proposed $233.3 million in total investment for the city. That includes $208 million toward the development cost for the Live! Entertainment District, infrastructure improvements and a development grant. The deal also would offer a $25 million Recaptured Enhanced Value grant, which is a partial property tax rebate. Lamping calls the terms released in July an initial framework for a final deal. The development agreement with the city must be approved by the Downtown Investment Authority and City Council. Lamping said he has not had substantive discussions with any Council member about the Lot J incentive proposal. “I occasionally run into members of the City Council, princi-
File image
An artist’s rendering of the proposed Lot J development. The first phase includes a Live! Arena, a residential tower, hotel and an office tower.
pally around the Jaguars games, and the topic of discussion usually finds its way toward what’s happening with Lot J. And every response I’ve heard from members of City Council is that they’re very interested in seeing the details,” Lamping said. ENVIRONMENTAL TESTING AND RESILIENCE
Lamping said the Jaguars and its developers have spent more than $1 million on Lot J as of Jan. 21 for project planning and environmental testing. Project planners will take into account storm surge resilience when designing Lot J structures and the site plan, Lamping said.
Florida Medical Malpractice
F
JaxDailyRecord.com
or 20 years, attorney Sean Cronin has helped clients in Florida with injuries and deaths caused by medical malpractice. As attorneys who are also veterans, our military experience helps us serve medical
malpractice victims and their families
SUPER
SUNDAY
throughout Northeast Florida. Our attorneys handle both civilian and
LIVE
military medical malpractice claims.
Practice Areas Wrongful Death Medical Malpractice Military & VA Medical Malpractice Hospital Negligence
Developers also have been reviewing St. Johns River water level reports and measures like analyzing the elevation of the Lot J site and placement of building mechanical systems, he said. The DIA granted Jacksonville I-C Parcel One a 60-day limited license in October to access the city-owned property for environmental testing. Lamping said preliminary reports on the subsurface conditions and possible soil contamination are complete. Lamping said Nov. 15 that developers expected to find a slurry wall — a reinforced concrete wall used to stabilize soft earth near high water tables — and gantries bur-
ied at the site. A public records request for those preliminary reports was not completed by Jan. 22. Lamping said it’s not clear how environmental remediation will impact Lot J’s development cost, but he believes the environmental work can be dealt with “very effectively.” “We’re comfortable that we can deal with all the necessary remediation within the structure of the agreement between ourselves and the city,” Lamping said. MMENDENHALL@ JAXDAILYRECORD.COM @MIMENDENHALL (904) 356-2466
Join us on Sunday, February 23, as we unite to support the Jewish Federation’s Annual Campaign. Our campaign touches the lives of so many li in Northeast Florida, Israel, and throughout the world. Please register to volunteer at events.idonate.com/ supersunday2020 supe or call 904-448-5000 Two shifts available: 9AM-11AM or 11AM-1PM JFCS - Baycenter Location
Sean B. Cronin
Partner
Cronin & Maxwell, pl
CHAIR: JEFF ROOD SPONSORED BY NANCY & GARY PERLMAN
ATTORNEYS AT LAW
904.388.9555 medical-malpractice-jacksonville.com 4250 Lakeside Dr., Suite 204
Jacksonville, FL 32210
LAWYER REFERRALS WELCOMED 323711-1
327785-1
JACKSONVILLE DAILY RECORD / JACKSONVILLE RECORD & OBSERVER
JaxDailyRecord.com
To find more business events or to submit your event to the the business calendar, visit jaxdailyrecord.com/calendar.
CONTINUED FROM PAGE 1
April 1 allows the team to keep the revenue from the naming rights agreement with Council’s approval. The legislation does not state the amount of money the Jumbo Shrimp will gain from the deal. In an interview after the announcement, Curry said the revenue from the deal would be used at the ballpark. “These naming rights will allow dollars to come in that will be reinvested back into the facility to make sure it is not only maintained, but continues to be enhanced,” Curry said. Babby’s company, Fast Forwards Sports Group LLC, says it has invested nearly $3 million in the stadium since buying the team in September 2015. Babby said revenue from the naming rights agreement will help keep ticket and concession prices affordable and the proceeds will be invested in the facility and team. No projects were announced Jan. 22. The agreement expires in 2033 and coincides with the end of the team’s lease agreement with the city. Babby said the Jumbo Shrimp intends to pursue a stadium lease renewal. Babby and Marovich said they hope to see an extension of the naming rights agreement. “We have no intention of going anywhere. We’re here to stay,” Babby said after the announcement. “This partnership is very indicative of that and as soon as we have the
THURSDAY, JANUARY 23, 2020
Photo by Mike Mendenhall
Jacksonville Mayor Lenny Curry, Jumbo Shrimp owner and CEO Ken Babby and 121 Financial Credit Union interim CEO David Marovich announce the naming rights deal Jan. 22.
opportunity to extend our lease with the city, we welcome that conversation.” With the agreement, the Baseball Grounds will receive new signage. Babby said the Jumbo Shrimp will present a signage plan to the Downtown Development Review Board for approval concurrently with the agreement’s Council legislation. “We’ll follow the blueprint set by the arena across the street that went through this process earlier last year,” Babby said. “We’ve been fortunate to have a great partnership with the (Jacksonville) Jaguars and share our plans and ideas with them. As I’ve joked, it’s a good place to be in the neighborhood.” He hopes to have the naming rights and ballpark branding ready for opening day April 15.
3 WEEKS ONLY!
Babby said talks between the Jumbo Shrimp and 121 Financial began in July or August and the deal was finalized Dec. 31. The Jacksonville-based credit union has been a marketing partner with the baseball club for several years, before former Jacksonville Suns team owner Peter “Pedro” Bragan Jr. sold the team to Fast Forward Sports. Babby said Jan. 22 that he contacted the Bragan family before the announcement. The agreement, Babby said, will ensure 2012 Council legislation that named the playing surface Bragan Field remains unchanged. MMENDENHALL@ JAXDAILYRECORD.COM @MIMENDENHALL (904) 356-2466
JAN. 30 Moody at FSCJ Series: Candace Moody, vice president of communications with CareerSource Northeast Florida, will present “Reshaping Your Career Options: The Rise of the Gig Economy” as part of the Florida State College at Jacksonville Business Speaker Series. The series is presented by FirstFlorida Credit Union. The event starts with a continental breakfast at 8 a.m. followed by the program from 9-10:30 a.m. Jan. 30 at the FSCJ Nathan H. Wilson Center for the Arts, Lakeside Room, at 11901 Beach Blvd. The event is free but registration is required. Visit https://www.fscj.edu/ business-speakers for information and registration. JAN. 30 Chamber annual meeting: JAX Chamber scheduled its 135th annual meeting from 5:30-8:30 p.m. Jan. 30 at The Glass Factory, 601 N. Myrtle Ave. JAX Chamber says while it is called a meeting, it’s really a party. Tickets are $55. For information, visit myjaxchamber.com. JAN. 31 Rudolph at St. Johns County Chamber: Maurice “Mo” Rudolph, PARC Group community development director, will discuss plans for PARC Group at the St. Johns County Chamber of Commerce Economic Development Council
SAVINGS
quarterly breakfast from 8-9:30 a.m. Jan. 31 at the Renaissance World Golf Village Resort. To register, visit www.sjcchamber.com. Admission is $45 for St. Johns County Chamber members at an Economic Development Council level of membership and $65 for non-Economic Development Council members. Nonchamber members can register by calling (904) 829-5681. FEB. 5
7
BUSINESS CALENDAR
Ballpark
|
Madeleine Albright at World Affairs Council: Former U.S. Secretary of State Madeleine Albright is scheduled to speak Feb. 5 to the World Affairs Council of Jacksonville at the Presidential Global Issues Evening about “Fascism: A Warning.” She will speak with World Affairs Council members at a reception at 5:30 p.m. at the University of North Florida Field House followed by her marquee presentation at 7 p.m. at the UNF Arena at 11852 UNF Drive. More than 3,000 attendees are expected. For information, visit worldaffairscounclljax. org or call (904) 280-8162.
JAN 3 – 26
RECEIVE $5,000 OFF
Our Already Priced-To-Sell Move-In Ready Homes!*
PLUS Receive A
Stainless Steel Refrigerator & High Efficiency Washer & Dryer* At NO Additional Cost!
AND REDUCE YOUR INTEREST RATE!
2.99% FIXED RATE GOVERNMENT MORTGAGE**
4.111% APR
Based on a FHA 30-Year fixed rate mortgage with a sales price of $250,000, a loan amount of $245,472, and purchase requires down payment of 3.5%. Based on an upfront mortgage insurance premium of 1.75%. FHA = Federal Housing Administration. BFC #9025
On certain inventory homes that contract on or after 01/07/20 in Florida and close on or before 03/31/20.
Over 150 Move-In Ready Homes!
www.drhorton.com/nfl • (844) 262-7254
318422-1
*$5,000 Off plus Refrigerator (Frigidaire® #FFSS2625TS - Express; Frigidaire® #FGHB2868TF - D.R. Horton & Freedom), Washer (Frigidaire® #FFTW4120SW) & Dryer (Frigidaire® #FFRE4120SW) offer available on select homes for new buyers on new contracts written on 01/03/20 through 01/26/20 only and must close in D.R. Horton, Express or Freedom Homes North Florida communities, prior sales excluded. Offer not redeemable for cash or credit against purchase price and cannot be combined with any other D.R. Horton buyer incentive, no substitutions. Appliances to be installed prior to closing. Please see your new home consultant for details. Financing offered by DHI Mortgage Company, Ltd. (DHIM). Branch NMLS #257647. 4220 Race Track Road, Suite 900, St. Johns, FL 32259. Company NMLS #14622. DHIM is an affiliate of D.R. Horton. For more information about DHIM and its licensing please visit http://www.dhimortgage.com/affiliate/. **All terms and conditions subject to credit approval, market conditions and availability. D.R. Horton has locked-in, through DHIM, a fixed interest rate for a pool of funds. Rates only available until pool of funds is depleted or rate expires. INTEREST RATE OFFERED APPLIES ONLY TO new D.R. Horton family of brand properties purchased as borrower’s principal residence. Not all borrowers will qualify for said rate. Rate is not applicable for all credit profiles. Restrictions apply. Buyer is not required to finance through DHIM to purchase a home; however, buyer must use DHIM to receive the advertised rate. Additional closing costs will apply. Please contact your mortgage loan originator for complete eligibility requirements. May not be able to be combined with other available D.R. Horton offers or discounts. Contact a D.R. Horton sales representative for more information and for a list of available homes. Property restrictions apply. Equal Housing Opportunity. APR = Annual Percentage Rate. Rev: Jan. 7, 2020 / Expires on the close by date listed above. Pictures, elevations, features, sizes and colors are approximate for illustration purposes only and will vary from the homes as built. CBC058997 ©2020 D.R. Horton, Inc. All rights reserved.
8
JACKSONVILLE DAILY RECORD /J ACKSONVILLE RECORD & OBSERVER
|
THURSDAY, JANUARY 23, 2020
JaxDailyRecord.com
HEALTH & BUSINESS
Myrick sees ‘vibrant future’ for Cathedral District
KATIE GARWOOD STAFF WRITER
Entering her third year in the role, Myrick is seeking a “catalytic project” for the neighborhood. Ginny Myrick was president of her government relations firm when a priest at St. John’s Cathedral, where Myrick has been a member for 35 years, asked for help. Dean Kate Moorehead came to Myrick to discuss how they could revitalize the Cathedral District, the Downtown Jacksonville neighborhood in which their historic church, along with four others, is located. For five years, Myrick, Moorehead and several others, including an architect and city planner, met to discuss ways to turn the neighborhood around. Those meetings culminated with a study by Urban Land Institute North Florida, which gave the group a road map for how to proceed. One of the suggestions was to form a nonprofit, and hire someone to run it. Myrick became that person in January 2018 and is entering her third year as president and CEO of Cathedral District-Jax Inc. “I ultimately left my firm, closed it down and started working on this because the dean said to me ‘this is your calling,’” Myrick said. “When your priest says to you, ‘this is your calling,’ you really pay attention to it.” Since she started in 2018, about $41 million has been invested into the 36-block district bounded by Main, Adams and State streets and the Commodore Point Expressway. There are 303 apartments planned or under construction, and 60 trees will be planted in the first quarter of 2020. Vestcor purchased 1.52 acres in the district for $1.4 million
Photo by Katie Garwood
Ginny Myrick is president and CEO of Cathedral District-Jax, the organization working to revitalize the 36-block neighborhood.
in September to develop workforce housing. Myrick called that a “catalytic project,” the kind ULI said would be needed to develop the neighborhood. Myrick said she’s looking for the next catalytic project. She wants to see a nonprofit, K-8 charter school in the area, and she’s working on finding one. She said the board of directors also is working on a public art project that would designate the entry points for the neighborhood. Her main focus is creating more housing. Myrick said she thinks it’s possible to turn the district back into a “vibrant neighborhood again.” She’s hopeful that with Shad Khan’s Lot J project, along with efforts to bring more people into Downtown Jacksonville, that can happen. “Back in the 1900s, it was a residential neighborhood for people who worked Downtown,” she said. “That’s our goal, to make it that way again, but there’s no product. No houses for people to live in. If we put the product out there,
we think the people who work Downtown will want to live there.” In December, Cathedral District-Jax hosted its first event: Christmas in the Cathedral District. All five of the neighborhood’s historic churches opened their doors to visitors, vendors sold food, drinks and crafts, and choirs performed Christmas songs. Myrick said about 1,000 people attended and 400 volunteered for the event. “What really happened for the very first time was all five churches met regularly in concert with each other to produce that event,” she said. “So they are invested in the district. They know what’s happening, they know this a good thing for their neighborhood.” Myrick said the nonprofit would put on the event annually after seeing its success. She’s also received requests from someone who wants to host a farmers market in the district, as well as a plant market. In the spring, Myrick said a bicycle race may be held in the
Let a Board Certified CiviL triaL Lawyer
Special to the Daily Record
An artist’s conceptual rendering of the future Cathedral District neighborhood, which is bounded by Main, Adams and State streets and the Commodore Point Expressway Downtown.
Cathedral District. But putting on events along with running a nonprofit can be difficult, she said. Myrick plans on adding a third full-time staff member in the next few weeks, an administrative assistant to help with the workload. In her time in Jacksonville, Myrick has been a City Council member, event planner, and in government relations and public policy. All that experi-
ence, she said, has prepared her for her position with the Cathedral District. “It’s quite amazing when you think about it, how it all came together at this juncture right now to do this particular project with the Cathedral District,” she said. KGARWOOD@ JAXDAILYRECORD.COM (904) 356-2466
We make commercial real estate easy.
Mediate your next Case ONLINE SCHEDULING CALENDAR
JBA GOVERNOR SINCE 2013
Personal Injury Probate
FULL-SERVICE LEASING
Foreclosure
TENANT BUILDOUTS
PROPERTY MANAGEMENT
DEVELOPMENT & BUILD-TO-SUIT
Commercial Civil Trial
Providing comprehensive services to create custom-tailored real estate solutions for your business while bringing you value and speed to market.
Construction Collections
904.391.0091
Other
904.737.8846 • www.imc-jax.com
327773-1
jacksonvillemediator.com
323272-1
Insurance
JACKSONVILLE DAILY RECORD / JACKSONVILLE RECORD & OBSERVER
JaxDailyRecord.com
|
THURSDAY, JANUARY 23, 2020
9
Did you know? Women’s Council has the most extensive network presence in the National Association of Realtors and they are the largest percent of RPAC donations of any NAR network or council.
www.WCRJax.org
FEBRUARY LUNCHEON
2020 CALENDAR OF EVENTS FEBRUARY 12
Exploring Relational Wisdom 3.0...
Going beyond Emotional Intelligence™
FEBRUARY 19
Board Meeting
Luncheon/General Meeting
9:00-10:00am
11:30am-1:00pm
MARCH 11
MARCH 18
Board Meeting
Social/Mixer
9:00-10:00am
4:30-6:30pm | Mandarin
APRIL 8
APRIL 15
Board Meeting
Luncheon/General Meeting
February 19th, 2020
9:00-10:00am
11:30am-1:00pm
11:30am -1:00pm
Board Meeting
Social/Mixer
9:00-10:00am
4:30-6:30pm | Orange Park
MAY 13
Speaker: Stacey McKay
JUNE 10
Stacey McKay is a Florida Real Estate Broker with Stacey McKay and Company. With over 33 years of experience and knowledge to share, she is also a certified Relational Wisdom Instructor and Motivational Keynote Speaker where she provides custom training for all professions.
Luncheon/General Meeting
9:00-10:00am
11:30am-1:00pm
JULY 8
JULY 15
Board Meeting
Social/Mixer
9:00-10:00am
4:30-6:30pm | Beaches
Luncheon/General Meeting
9:00-10:00am
11:30am-1:00pm
Board Meeting 9:00-10:00am
OCTOBER 14
4:30-6:30pm Julington Creek Fish Camp 12760 San Jose Blvd Jacksonville, FL 32223
AUGUST 19
Board Meeting
SEPTEMBER 9
SEPTEMBER 16 Social/Mixer
4:30-6:30pm | San Marco Affiliate Appreciation
OCTOBER 21
Board Meeting
Luncheon/General Meeting
9:00-10:00am
11:30am-1:00pm
NOVEMBER 11
NOVEMBER 18
9:00-10:00am
4:30-6:30pm | Riverside/Downtown
Board Meeting
March 18th, 2020
JUNE 24
Board Meeting
AUGUST 12
MARCH SOCIAL/MIXER
MAY 20
Social/Mixer
Industry Event Reservations MUST BE MADE by the Friday before the event due to final count needed for the venue.
Visit www.wcrjax.org to register.
Or contact Paula Givler at (904) 233-3562.
facebook.com/ groups/wcrjax/
If you wish to receive updated text messages from the Women’s Council of Realtors please text 319347-1
“WCRJAX” to 662-200-4303
NOW SELLING IN ST. AUGUSTINE: SEASONS AT DEERFIELD MEADOWS Located in St. Johns County School District, this exciting new community offers eight ranch and two-story floor plans from our popular Seasons™ Collection—including two with attached RV garages!
From the low $200s | 3 to 4 bed | Up to approx. 2,380 sq. ft.
The Pewter
Prices, specifications and availability are subject to change without notice. Square footage is approximate. Actual homes as constructed may not contain the features and layouts depicted and may vary from image(s). ©2019 Richmond American Homes; Richmond American Homes of Florida, LP, CBC1257429.
28 Meadow Crossing Drive, St. Augustine, FL 32086 | 904.541.2555
319353-1
Hundreds of personalization options, with complimentary Home Gallery™ design assistance!
THE SAILER REPORT
COMMERCIAL REAL ESTATE
10
JACKSONVILLE DAILY RECORD /J ACKSONVILLE RECORD & OBSERVER
|
THURSDAY, JANUARY 23, 2020
JaxDailyRecord.com
Top commercial sales of the week BY SCOTT SAILER • STAFF WRITER
Here are the top 10 commercial real estate sales in Northeast Florida, comprising Baker, Clay, Duval, Nassau and St. Johns counties. The sales were recorded Jan. 13-17.
File image
A Nashville, Tennessee-based real estate investment firm paid $39.25 million, $109,028 per unit, for The Park at Levanzo apartments at 11990 Beach Blvd.
DUVAL
ST. JOHNS
DUVAL
DUVAL
DUVAL
$39,250,000
$14,825,419
$4,000,000
$3,369,609
$3,330,000
11990 Beach Blvd., Jacksonville
1101 Plantation Island Drive S., St. Augustine
2000-2006 San Marco Blvd., Jacksonville
Philips Highway, Jacksonville
416 Commerce Center Drive, Jacksonville
Type: The Park at Levanzo apartments Parcel size: 19.85 acres Number of units: 360 Buyer: Vevano Partners LLC Seller: Reserve Property Holdings LLC Previous sale: $24,600,000 in 2016
Type: Allegro Senior Living at St. Augustine Parcel size: 7.76 acres Building size: Five buildings totaling 95,913 square feet Buyer: KAPG St. Augustine Senior Housing LLC Seller: SHP IV Harbor Island LLC Previous sale: $25,470,000 in 2012
Type: Commercial retail and office Parcel size: 0.23 acres Building size: 18,615 square feet Buyer: Jonathan Davis, Patrick R. Davis and Frank Sanchez Seller: Five and Ten Partners LLC
Type: Undeveloped residential Parcel size: 33.61 acres Buyer: Mattamy Jacksonville LLC Seller: Wells Creek LLC
Type: Red Lobster Parcel size: 1.83 acres Buyer: 416 Commerce Center Drive LLC Seller: 416 Commerce Center Drive Owner LLC Previous sale: $3,220,300 in 2015
DUVAL
DUVAL
NASSAU
DUVAL
DUVAL
$2,800,000
$2,650,000
$2,000,000
$1,850,000
$1,684,047
5649 Cagle Road, Jacksonville
E-Town Parkway, Jacksonville
U.S. 17, Yulee
131 First Ave. N., Jacksonville Beach
429 Talleyrand Ave., Jacksonville
Type: Zen Living Suites Parcel size: 3.03 acres Building size: 39,981 square feet Buyer: MEDOC Properties LLC Seller: Zhihua Yu and Meiling Jiang Previous sale: $2,200,000 in 2016
Type: Undeveloped residential Parcel size: Not available Buyer: Kettering DEV 133 LLC and E-Town Development Inc. Seller: Eastland Timber LLC
Type: Undeveloped Parcel size: 20.7 acres Buyer: Board of County Commissioners of Nassau County Florida Seller: Semanik Equity Development & Acquisition Inc.
Type: Ruby Beach Brewing Parcel size: 0.15 acres Building size: 5,956 square feet Buyer: 127 1st Avenue North LLC Seller: Our Family Investments Inc. Previous sale: $950,000 in 2003
Type: Southeast Rigging Inc. Parcel size: 1.46 acres Building size: 47,140 square feet Buyer: Seven Bridges Properties LLC Seller: Southeast Rigging Inc. Previous sale: $1,130,000 in 2013
GreenPointe launches Nassau community communities TrailMark in St. Johns County and Amelia Walk in Nassau County.
Duval County
SCOTT SAILER STAFF WRITER
Tributary will be a master-planned development with 3,200 homes, office and retail space. GreenPointe Developers LLC started construction for Phase 1 of the Tributary, a masterplanned, mixed-use community with up to 3,200 homes and commercial and office space in Nassau County. The 1,550-acre community is south of Florida A1A about 1.6 miles west of Interstate 95. Single-family, townhome and multifamily units will be priced from the low $200s to the high $300s and sales are expected to start this summer Tributary will be a community development district with amenities comprising a clubhouse, a fitness center, trails, dog parks and neighborhood parks. Jacksonville-based GreenPointe also developed the
The city of Jacksonville is reviewing residential real estate projects that include: n An application for a large-scale land use amendment for 279.08 acres at northwest Braddock and Lem Turner roads, west of Jacksonville International Airport. Applicant Curtis Hart of Jacksonville-based Hart Resources LLC seeks to change the land-use designation from mixed-use, agriculture III and agriculture IV to low-density residential use. n An application for a largescale land use amendment for 11.34 acres south and west of St. Isabel Drive East, northeast of Jacksonville University in Arlington. Land owners St. Augustine-based JSM Legacy LLC and Jacksonville-based Camelot Enterprises LLC seek to change the land use from low-density residential to medium-density residential to allow multifamily use. n An application for a largescale land use amendment for 48.82 acres northwest of Cedar Point and Sheffield roads, near the Pumpkin Hill Creek Preserve State Park in Northeast Jacksonville. The applicant, Jacksonville land use attorney Thomas Ingram with Sodl and Ingram, seeks to
change the land-use designation from agriculture III and agriculture IV to residential rural for single-family development. n An application for a largescale land use amendment for 15.56 acres at 6100 Greenland Road, between Greenland Chase Boulevard and Greenada Drive, southeast of I-95 and I-295. The applicant, attorney Thomas Ingram with Sodl and Ingram, seeks to change the land use designation from light industrial to medium-density residential to allow for townhome development. n An application to rezone 23.59 acres north of Loretto Road, near Kennedy Lane, in Mandarin. Developer Jacksonville-based RCBF Properties LLC, led by Roger Costiloe and Blair Fonda, seeks to change the zoning from residential rural-acre to planned unit development for 56 one- and two-story single-family homes on 70-foot-wide lots. n An application to rezone 2,795.5 acres north of Philips Highway and east of Florida 9B near eTown. Land owner Estuary LLC, led by Jed Davis, seeks to rezone the property from agriculture to residential ruralacre. A companion large-scale land use amendment to change from agriculture I, II, III and IV to low-density residential was processed through the transmittal round to the state. The St. Johns River Water Management District is
reviewing environmental resource permits on residential real estate for: n Jacksonville-based Corner Lot Development Group LLC, which submitted an application for the 116-lot Gentle Woods single-family subdivision on 59.49 acres northeast of 118th Street and I-295. The development proposes to preserve 27.21 acres of wetlands. Jacksonville-based Connelly & Wicker Inc. is the civil engineer. n Toronto-based Mattamy Homes Jacksonville LLC and Jacksonville-based Rasmus Holdings LLLP, which submitted an application for the 33-acre Wells Creek Phase 2 at northeast Philips Highway and Florida 9B. Phase 2 comprises 177 single-family and 125 townhome lots. Jacksonvillebased England-Thims & Miller Inc. is the civil engineer. n Pulte Home Co. LLC, which submitted an application for the 72-lot Timber Cove subdivision on 32.24 acres at northeast Starratt and Yellow Bluff roads. The project proposes to preserve 4.42 acres of 4.89 acres of wetlands. England-Thims & Miller Inc. is the civil engineer.
St. Johns County St. Johns County is reviewing residential real estate plans for: n Property owner Rasmus Holdings LLLP, which submitted master development plans
for a 400-unit apartment community in Durbin Creek Crossing at southwest Race Track Road and St. Johns Parkway. England-Thims & Miller Inc. is the civil engineer. n The Porter Trust, which has submitted for pre-application of a 237- unit single-family subdivision on about 165 acres north of Lewis Speedway and west of Porter Road. n St. Augustine Lakes Phase 1A at southwest Thompson Bailey and Deer Run roads, which is under subdivision construction plan review for 162 single-family lots. The planned unit development is approved for 230 single-family lots and 570 townhomes. The applicant is Corner Lot Development Group LLC and Augustine Properties LLC. Jacksonville-based KimleyHorn and Associates Inc. is the civil engineer.
Nassau County n Jacksonville-based Florida Land Sales LLC plans a 218lot single-family subdivision named Redshirt Farms on 661 acres along the east side of River Road, northwest of Bryceville. Jacksonville-based AVA Engineers Inc. is the civil engineer. SSAILER@ JAXDAILYRECORD.COM (904) 356-2466
JACKSONVILLE DAILY RECORD / JACKSONVILLE RECORD & OBSERVER
JaxDailyRecord.com
|
11
THURSDAY, JANUARY 23, 2020
DEVELOPMENT TODAY Oakhurst, 1895 Oak Branch Trail, contractor is Bent Construction LLC, monument sign, $23,500. UF Health Psychiatry San Jose, 8789 San Jose Blvd., No. 305, contractor is Liberty Lighting Inc., wall sign, $2,440. European Grocery, 8650 Old Kings Road S., No. 3, contractor is Liberty Lighting Inc., wall sign, $1,990.
These are the largest commercial building permits by job cost issued Tuesday by the city of Jacksonville. OFFICE, BANK, PROFESSIONAL Angel Kids Pediatrics, 13443 Atlantic Blvd., contractor is Blue Ocean Construction Inc., 29,127 square feet, tenant build-out, $189,000. Solenis, 7900 Belfort Parkway, contractor is Emerald C’s Development Inc., 5,881 square feet, tenant build-out, $104,359.
STORES, MERCANTILE PC Sterling Heights LLC, 6855 Wilson Blvd., No. 19, contractor is Auld & White Constructors LLC, 5,279 square feet, tenant build-out, $200,000.
SIGNS Oakhurst, 2085 Carter Landing Blvd., contractor is Bent Construction LLC, monument sign, $26,500.
Compiled by Scott Sailer
BUSINESS IN BRIEF Clubhouse renovation: St. Johns Golf & Country Club broke ground on a clubhouse renovation and expansion to be completed this summer. The $2.5 million project will be in two phases. The first includes a new reception hall, grand event lawn, fire pit and social area, outdoor patio bar and deck overlooking the water, and an expanded kitchen. The second phase features a renovation of the existing restaurant, dining room and foyer. Ben Pasquith is the general manager. New Leaf Construction will oversee the construction. The club is at 205 St Johns Golf Drive in St. Augustine. Autobahn grand reopening: Autobahn Indoor Speedway & Events scheduled a grand reopening 11 a.m.10 p.m. Jan. 30. Autobahn opened July 2, 2014, at 6601 Executive Park Court N. The event will introduce changes that include Victory Lap Social, a full-service bar and restaurant that it calls the first Kansas City barbecue establishment east of the Mississippi, and a larger arcade and virtual reality game arena. The track also will introduce handcontrolled karts for adaptive drivers. The event benefits the Wounded Warrior Project.
Leadership Jacksonville applications sought: Leadership Jacksonville is accepting applications for its adult Leadership Jacksonville Class of 2021. The yearlong program, Aug. 14, 2020, to May 21, 2021, involves the selection of more than 50 Northeast Florida leaders to build relationships, explore community issues and work to become better community trustees. The nine daylong programs and two weekend retreats address areas of community concern, including poverty, education, arts and economic growth. Applicants must complete an online application, available through Jan. 23, and may be invited for an interview. Selection is competitive and the group tries to choose participants who represent a cross section of the community. The program fee is $4,000, with some partial need-based scholarships available. For information, visit leadershipjax. org or call (904) 396-6263.
Promotions, hirings and happenings for business people in Northeast Florida. Send items to ssailer@jaxdailyrecord.com
Jonathan Wallace joined Jacksonvillebased 925 Partners Insurance Agency as partner and executive vice president to lead the agency’s commercial division. Wallace He leads business consultations and customizes property and casualty insurance programs for companies throughout the Southeast U.S. He formerly was vice president of USI Insurance Services. Wallace played
$5,000
of your client’s closing costs for purchase or refinance.
Ask us how.
Interagency Readiness Solutions wins contract: The U.S. Army Contracting Command in Adelphi, Maryland, awarded Interagency Readiness Solutions LLC in St. Augustine a $14.72 million 8(a) small business set-aside federal contract for audiovisual integration and support services. It will perform the work in Adelphi.
PEOPLE ON THE MOVE
Wanda Willis will join the Cummer Museum of Art & Gardens as director of community development as of Feb. 3. She will be the senior outreach ofWillis ficer, responsible for extending the museum’s brand, mission and identity into the Northeast Florida community. Willis worked at the Florida State College at Jacksonville Foundation as associate director of development for major gifts and was vice president of institutional advancement at Edward Waters College.
We’ll pay up to
offensive tackle on Florida State University’s 2013 national championship football team.
VYSTARCU.ORG 904-777-6000 · 1-800-445-6289 Certain restrictions and limitations apply. All loans are subject to credit approval. No Closing Costs offer available only when obtaining a VyStar Credit Union First Mortgage Loan and is not available on VA and FHA Mortgages. Available for purchase or refinance. VyStar will pay borrower closing costs up to a maximum amount of $5,000 excluding origination fee, discount points, private mortgage insurance, prepaid interest or funds to establish the member’s escrow account. If the borrower pays off the mortgage within the first 36 months, they will be required to reimburse VyStar for a portion of the closing costs paid by VyStar. Offer available for a limited time and subject to change without notice.
WE’D LIKE TO REMOVE THE WORD ‘STRESS’ FROM YOUR VOCABULARY. VyStar Title Agency* knows that closings can be tense. So, whether you’re a buyer, broker, Realtor, or lender, we’ll be there step-by-step to help make the process as fast and easy as possible. You’ll get the personal attention you deserve from the moment the file is opened until the last document is signed and delivered. So relax, and rely on VyStar Title Agency for precise, prompt, and professional service.
phone: 904-908-2874 • vystarcu.org
Pepper Lindsey, president of Lindsey Films Inc., launched an offshoot called Direct Me Anywhere for businesses to create professional marketing videos for online promotion and Lindsey advertising through a smartphone app. It uses remote capture technology to record video and direct clients in real time with an internet connection. The website is www.directmeanywhere.com. Rosemary Jackson joined First Coast Sotheby’s International Realty as a Realtor in Jacksonville, Ponte Vedra, Amelia Island/Fernandina and the Beaches. Jackson was presiJackson dent and owner of Brocade Partners consulting agency. * VyStar Title Agency, a division of VyStar Financial Group LLC; a wholly owned subsidiary of VyStar Credit Union. Not federally insured and not underwritten or guaranteed by the credit union. 325766-1
VYS 2411 Mortgage Ad for Real Build Connect#3 5x16_Approved.indd 2
12/22/17 3:16 PM
12
JACKSONVILLE DAILY RECORD /J ACKSONVILLE RECORD & OBSERVER
|
THURSDAY, JANUARY 23, 2020
JaxDailyRecord.com
THE MARBUT REPORT
Jimerson Birr is expanding office and staff
MAX MARBUT ASSOCIATE EDITOR
The firm is filling the 14th floor at Wells Fargo Center. Photo by Max Marbut
co-chair of the Judicial Relations Committee. n Angela Huston Miller is a tax attorney at Fletcher & Phillips. She was a member Huston of the YLD Law School Division board of governors while attending law school at Florida State University (Class of 2012) and a Florida Bar Leadership Academy fellow. n Sarah Morris graduated from Florida Coastal School of Law in 2015 and then Morris joined the public defender’s office in the 7th Judicial Circuit. She was co-chair of the St. Johns County Bar Association YLS Committee. In 2018 she moved to the state Office of Criminal Conflict & Civil Regional Counsel in Jacksonville. Visit floridabar.org to view each candidate’s platform statement. Ballots will be emailed or mailed to eligible voters on or around March 2 and must be returned no later than March 23. Voters will have a choice of using the mailed paper ballot or voting online. Instructions will be included in the mailing.
The real estate and construc- From left, Jimerson Birr Director of Marketing Anne Markstroem, the law firm’s managing partner, Charles Jimerson, and Nikos Westmoretion markets are on a growth land, director of business development. trend and a Jacksonville law firm is making sure it can grow along with them. YLD board election: Jimerson Birr is building-out eminent domain law, banking additional office space at Wells and lender liability, breach of Meet the candidates Fargo Center and plans to add fiduciary duty and business Three candidates are seeking more associate attorneys and torts, creditors’ rights and election to represent the 4th partners. commercial collection. Judicial Circuit on The Florida “We’ll have pretty much the “When you look at JackBar Young Lawyers Division entire 14th floor,” said Charles sonville compared to the rest board of governors: Jimerson, founder and manag- of the state, there are a lot of n Valeen ing partner. real estate opportunities. We Arena, a 2015 Jimerson said that by the intend to stay ahead of the graduate of end of 2021, the firm’s lawyer trend and continue to serve the Universiroster will increase from the the businesses that will grow,” ty of Florida current 13 to 35 or more. Jimerson said. Levin College “What we do here is a fairly The firm was established in of Law, is a clear depiction of Florida’s and 2009 in a house in Riverside law clerk for the local economy. We’re going that was converted to office Arena U.S. District into our 12th year and last year space. It moved to a commerJudge Brian Davis. was by far our best year in firm cial building near Riverside She has been a member of history,” Jimerson said. Presbyterian Church. In 2014, the Jacksonville Bar AssociaSix partners have joined the the firm relocated to Wells tion Young Lawyers Section firm in the past year. They Fargo Center Downtown. MMARBUT@ board of governors for the past specialize in business transac“We like the building. We’ll JAXDAILYRECORD.COM three years and served as chair tions and litigation, including be here for a long time,” Jimer356-2466 of the Social Committee construction, real estate and son said. TRMK-19001 TRAILMARK AD__JACKSONVILLE DAILY RECORD__10.375x8__JULY2019.qxp_Layout 1 8/1/19 2:06and PM Page (904) 1
LEGAL BRIEFS n Steve Watrel is the new partner at Coker Law, where he will focus his practice on nursing home abuse and neglect. He is an Eagle member of the Florida Justice Association, serves on the FJA board of directors and chairs the FJA Nursing Home Task Force. Watrel graduated from the A.B. Freeman School of Business at Tulane University and received his J.D. from Syracuse University in 1992. Since 1993, he has practiced at Steve Watrel PA. n Adam Edgecombe joined Lippes Mathias Wexler Friedman as counsel in its litigation practice group. He will be practicing in the law firm’s Jacksonville and Ponte Vedra Beach offices. Edgecombe received his bachelor’s and master’s degrees at the University of Florida and his J.D. from Florida Coastal School of Law. n Former 4th Judicial Circuit Assistant State Attorney Joseph Herro joined McConnaughhay, Coonrod, Pope, Weaver & Stern as an associate. He practices civil liability and insurance defense litigation.
Welcome to the Neighborhood NEW ST. JOHNS COUNTY HOMES
Site plans, community maps, photos and depictions are for illustration purposes only, are conceptual in nature, and should not be relied upon. GreenPointe Communities, LLC reserves the right to make changes to the foregoing at any time without notice. Home design, pricing, terms and offers are subject to change. See Home Builders’ Sales Consultant for details.
TrailMarkLiving.com
319314-1
I-95 | EXIT 323 | 10 MINUTES FROM WORLD GOLF VILLAGE 805 TRAILMARK DRIVE | ST. AUGUSTINE, FLORIDA