Daily Record Financial News &
Thursday, April 5, 2018
Vol. 105, No. 099 • One Section
35¢ www.jaxdailyrecord.com
Redevelopment of former Kmart on Beach Boulevard poised to start CHANGES COMING Closed for six years, the former Kmart at Beach and University boulevards is on a site designed for redevelopment into retail and restaurant space.
Site work could start by late summer on Boulevard Crossing for stores, restaurants.
Developers want to transform the site of a former Kmart, closed for six years, into shops and restaurants. The former discount store at northwest Beach and University boulevards would be demolished and at least 30,000 square feet of space would be developed as Boulevard Crossing. The project is in St. Johns River Water Management District review. Jacksonville developer Jeff Conn, a co-founder and principal of NAI Hallmark, said Monday that he still
is in the permitting phase and that work could start in the summer. He said in October that site work could begin by spring and Conn construction should start by late summer on Boulevard Crossing. Plans show it will comprise four buildings totaling about 30,000 square feet of space on 8.84 acres at
5751 Beach Blvd. Those include a new McDonald’s to replace the one on the site, he said. Conn and his groups — Boulevard Crossing LLC and Boulevard Investors LLC — don’t own the Kmart building. He said in October he had no further information about the status of that structure but said previously he will be developing the property. The plans by engineer EnglandMathis
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Photo by Karen Brune Mathis
One Spark ‘idea’ festival is back with new home at Daily’s Place
Former Cox Media Group executive buying WJAX “Nothing changes” at the station, new owner says.
Entrepreneurs can win prizes at event that begins with preview tonight.
By Mark Basch Contributing Writer
By Caren Burmeister Contributing Writer After a one-year hiatus, One Spark is back with what it hopes is a financially sustainable model focused on a tightly curated group of entrepreneurs at a new location, Daily’s Place. One Spark 2018 is scheduled Friday and Saturday at the amphitheater next to TIAA Bank Field, formerly called EverBank Field. A Thursday night preview event from 6-8:30 p.m. is free but requires registration at onespark. com. Billing itself as the “World’s
Public
Photo by Monty Zickuhr
One Spark signs were set up Wednesday outside Daily’s Place near the Lot J entrance to TIAA Bank Field and Daily’s Place.
Largest Idea Fest,” entrepreneurs can present their ideas for feedback, seek funding and network. Organizers call them creators. Creators also can win cash prizes by earning the votes of festival
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attendees. About 70 creator teams were selected from 330 applications, said Chris Carter, president of One Spark
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CBS affiliate WJAX TV-47 is changing hands again, but it won’t have an impact on operations of the station. A company run by former Cox Media Group President Bill Hoffman filed an application with the Federal Communications Commission to buy WJAX from Bayshore Television LLC for about $12.3 million. Atlanta-based Cox has been operating WJAX and sister station WFOX TV-30 together for five years. Cox owns the Fox network affiliate and operates WJAX under a shared services agree-
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ment with Bayshore, a North Caro l i n a - ba se d partnership. The FCC applicaHoffman tions include contracts to transfer Bayshore’s services agreement to Hoffman’s company. “It will be the same arrangement as Bayshore had before,” Hoffman said by email. “Nothing changes in the way of station operation except for the ownership,” said Hoffman, who retired from Cox at the end of 2016. The application shows Hoffman agreed to pay $100,000 in cash to Bayshore and assume $12.17 million in debt to buy WJAX. TV-47
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consecutive business days