Daily Record Financial News &
Wednesday, February 28, 2018
Vol. 105, No. 073 • One Section
35¢ www.jaxdailyrecord.com
JU converting Alumni House into working learning center
Former Arlington YMCA sold for $1.2M
Cornerstone Christian School plans to use site as sports complex. Cornerstone Christian School of Jacksonville bought the 7.36acre former YMCA property at 8301 Fort Caroline Road on Monday for $1.2 million. The school intends to use the Arlington property as a sports complex for its students. Donald Corley, chief financial officer and director of school operations, said in early February that the school had been looking for a gym near its campus. “When this property became available, it matched our needs perfectly,” Corley said then. The YMCA of Florida’s First Coast closed the two locations of its Arlington branch Jan. 1 citing increasing costs and declining participation. It owned the Fort Caroline location and leased the 10131 Atlantic Blvd. site. Cornerstone Christian School Inc. bought the property from The Young Men’s Christian Association of Florida’s First Coast Inc. Fidelity Bank issued a $960,000 mortgage to Cornerstone Christian on Monday. Corley said the school anticipates an investment of $1.25 million to $1.4 million. Cornerstone of Jacksonville Inc. previously applied for a Certificate of Use for the property. The school is based at 9039 Beach Blvd., a 3-acre property with a 31,500-square-foot building. The former YMCA property comprises 18,176 square feet of gymnasium and club space, property records show. The private Cornerstone Christian School of Jacksonville was
Photos by Monty Zickuhr
The back of the former Alumni House just north of the Jacksonville University campus features a large covered porch and views of large oak trees and the St. Johns River.
Riverfront home being converted into Occupational Therapy ADL Lab for new doctoral program. By Karen Brune Mathis Editor Jacksonville University is converting the former Alumni House next to its Arlington campus into an Occupational Therapy ADL Lab and for the new Department of Occupational Therapy doctoral program. ADL is activities of daily living. The doctoral program is within the School of Applied Health Sciences in the Brooks Rehabilitation Center of Healthcare Sciences.
JU said students will attend classes, volunteer and conduct their practicum there. JU, at 2800 University Blvd. N., said the program and the building are complementary to the Dolphin Pointe Landing development immediately north of the campus. That will allow students and residents to experience intergenerational clinical opportunities. “Since the Alumni House was, Alumni House
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Plans filed with the city for the former Alumni House show a $65,000 remodeling project of the two-story, 6,330-square-foot building. Total costs for the renovation and site work are estimated at $500,000.
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Colorado firm paid $11 million for Ramona Flea Market United Flea Markets bought the 107-acre site that has 700 vendors. By Karen Brune Mathis Editor The $11.25 million sale of the Ramona Flea Market was recorded Monday with the Duval Coun-
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ty Clerk of Courts. Waller Properties LLC sold 107.6 acres to United Flea Markets LLC, through RMFM RE LLC, on Feb. 20. CenterState Bank of Boca Raton issued a $6.75 million mortgage the same day. United Flea Markets of Henderson, Colorado, announced Feb. 21 it bought the market at 7059
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Ramona Blvd. but did not disclose a purchase price. Founded in 1971, the market sits on 107 acres and has more than 700 vendors. “The Ramona Flea Market is a long-standing and thriving business noted for its impressive vendor and buyer relationships,” said Rob Sieban, president, CEO and co-owner of United Flea Markets.
He said his group would build on the market’s success and position it “for the next 40-plus years of growth.” Seller Ralph Waller said in the release the buyer was a great fit for the market. In Florida, United Flea Markets also owns the Flamingo Island Flea Markets in Bonita Springs and the T&W Flea Market in Pensacola.
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The company also owns the Mile High Flea Market in Denver, the Awesome Flea Market in Shepherdsville, Kentucky, and the J&J Flea Market in Athens, Georgia. The Ramona Flea Market continues to operate 8 a.m. to 5 p.m. Saturday and Sunday. kmathis@jaxdailyrecord.com (904) 356-2466
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