Daily Record Financial News &
Friday, February 16, 2018
Vol. 105, No. 065 • One Section
OLD CITY BUILDINGS MAY END WITH A BOOM
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Plans filed to develop Westside warehouse Company wants to build 232,488-square-foot Westlake II project on Pritchard Road. Site plans were filed Thursday for a South Carolina company to develop a warehouse project in Westlake Industrial Park. Johnson Development Associates Inc. of Spartanburg proposes the 232,488-square-foot Westlake II project at 9779 Pritchard Road in West Jacksonville. Adkinson Engineering Inc. is the civil engineer. The St. Johns River Water Management District issued a permit Dec. 28 to Johnson Development Associates and its affiliated Jacksonville Industrial Properties 80 LLC.
DOWN IT GOES
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Consultant: City-owned utility is “an extremely interesting target.”
Demolition expert Mark Loizeaux says removing former City Hall and Courthouse won’t be a difficult job. Jacksonville is planning to tear down its former City Hall Annex and Duval County Courthouse on East Bay Street, a job one demolition expert says would be the first Downtown implosions since the Veterans Memorial Coliseum was razed in 2003. The city issued a Request for Qualifications, due Feb. 28, from firms interested in providing permitting and construction services to demolish the old courthouse and City Hall Annex. Those who qualify may then submit a price proposal for demolition of the structures.
By David Cawton Staff Writer If the city wants to pursue selling JEA, it now has an estimate of how much the city-owned utility is worth. The city could net $2.9 billion to $6.4 billion after retiring debt obligations and addressing other issues, City Council and JEA board members were told Wednesday during a three-hour special joint meeting at City Hall. Michael Mace, the managing director of Public Financial Management Inc., presented the numbers. JEA hired the firm for
The seven-story courthouse was constructed in 1956 and the 15-story city hall building in 1960, according to the Duval County Property Appraiser’s Office. Mark Loizeaux, owner of Controlled Demolition Inc., said removing the Loizeaux buildings will not be a difficult job. Loizeaux, 70, has a long resume of large demolition projects, including the implosions of the Seattle Kingdome and Orlando City Hall. Removal of the buildings is expected to involve three Demolition
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Report: JEA worth up to $6.4 billion
The last Downtown building implosion was the Veterans Memorial Coliseum in 2003. The former City Hall Annex and Duval County Courthouse could be next.
By Scott Sailer Editorial Research Director
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JEA
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You should know ... Tim Rogers New director of the Jacksonville Public Library also a big baseball fan. Public
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