Daily Record Financial News &
Wednesday, March 7, 2018
Vol. 105, No. 078 • One Section
35¢ www.jaxdailyrecord.com
Riverside TIAA Bank signs should be up by midyear
Gildan leasing Northside warehouse Clothing company coming to NorthPort Logistics Center. By Karen Brune Mathis Editor Montreal-based Gildan Activewear Inc. signed a lease for 306,611 square feet of distribution and office space at NorthPort Logistics Center in North Jacksonville. The city is reviewing a permit application for a $353,770 buildout at 11530 New Berlin Road for Gildan. Tenant Contractors Inc. is the contractor and Hota Design Studio is the architect. A representative of the building ownership said Gildan, with a long-term lease, will fill the remaining vacant space in the almost 873,000-square-foot warehouse. Plans show offices, a conference room, breakroom, customer service and showroom in the office portion. The warehouse takes up the majority of the space. Grimes Logistics leases the rest of the building on a long-term lease, the representative said. Dan Stover, first vice president with Newmark Grubb Phoenix Realty Group, represented the building owner. Bart Hinson, senior associate with Colliers International, represented Gildan. Gildan did not immediately respond to an email or call for comment. The company maintains a global network of distribution centers
EVERBANK COMING DOWN, TIAA BANK GOING UP This is the look of TIAA Bank’s new sign that willl be going up at the former EverBank headquarters at 501 Riverside Ave., according to the sign permits for the installation. Jacksonville-based EverBank Financial Corp. is becoming TIAA Bank after its merger with TIAA Direct.
Permits issued for TIAA Bank signs at former EverBank headquarters. By Scott Sailer Editorial Research Director Signs for TIAA Bank are expected to be up by midyear at EverBank’s headquarters in Riverside. The city Building Inspection Division issued six permits Monday for wall signs for TIAA Bank at 501 Riverside Ave. Those will replace the EverBank name. Bank spokeswoman Tori Pappas said
Tuesday the company expects all the building and financial center signs to be completed by midyear. Signs are going up on the building’s four sides and two more will be on the first floor. Jacksonville-based EverBank Financial Corp. is becoming TIAA Bank after its merger with TIAA Direct. Pappas said work will start in the next few weeks on the Riverside building.
Taking down the existing signs, repairing marks on the building walls and installing the new signs will take eight to 10 weeks, she said. Pappas said the process is dependent on the weather. All the proposed sign changes require the bank to obtain permits, prepare architectural and engineering plans, get owner approvals and make repairs. Signs
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Wildlight seeking to build 257 homes as part of first phase Nassau County planned community recently began construction on first model home. By Andrew Warfield Associate Editor The developer of Wildlight has made an application with the St. Johns River Water Management District for a new portion of the first phase of the new “town” it is
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building in Nassau County. Raydient Places + Properties has submitted plans for Phases 1C-1 and 1C-2 of the masterplanned community to build 257 homes, 44 of them townhomes. Connelly & Wicker is the engineer. Phase 1 of Wildlight includes 1,000 homes and 500,000 square feet of restaurants and shopping on about 261 acres plus nearly 350 acres of preserve. In all, Wildlight is planned for 3,000 homes and millions of
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square feet of commercial development on 2,900 acres. “Phases 1C-1 and 1C-2 are still part of Phase 1 of Wildlight,” said Charles Adams, vice president of community development for Raydient Places + Properties. “The first lots we built were around Wildlight Village. As development progresses, we are starting to build lots on Phases 1C-1 and 1C-2, which is essentially the area around Wildlight Elementary School,” he said. “Phase I of Wildlight is pro-
jected to offer a variety of homes ranging in price from $195,000$400,000. To date, Dream Finders Homes and D.S. Ware are the residential builders for Wildlight,” Adams said. Wildlight recently opened its “StoryCenter,” which serves as the welcome center providing information about the development. Construction has begun on the first model home by D.S. Ware. Anticipated home prices in Phase 1 will be $175,000 to
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$400,000. Just east of Interstate 95 on Florida A1A, 20 miles north of Jacksonville, Wildlight includes a mix of homes, townhomes and rental apartments with shops and restaurants, a new elementary school and a system of trails and pathways intended to encourage a healthy lifestyle. awarfield@jaxdailyrecord.com @andrewfwarfield (904) 356-2466
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