FREE
April 25-May 1, 2019
Mathis Report: Project transforming space in front of old Kmart PAGE 4
jaxdailyrecord.com
JACKSONVILLE
Record & Observer WHAT’S NEXT Record & FORObserver LOT J Record & Observer JACKSONVILLE
Photo by Monty Zickuhr
The Daily Record building at 10 N. Newnan St. was built in 1902.
JACKSONVILLE
Daily Record building sold for $915,000
JACKSONVILLE
Record & Observer Ballpark Village: A project model
City is “hammering out a development agreement right now” on venue planned by the Jaguars next to TIAA Bank Field. BY MIKE MENDENHALL STAFF WRITER
J
acksonville Jaguars owner Shad Khan and team President Mark Lamping say they are moving aggressively on their $500 million development proposal for Lot J at TIAA Bank Field in Downtown Jacksonville. Lamping said Tuesday, if they could, groundbreaking on the outdoor Live arena, 300-unit residential tower, hotel and office building would “happen yesterday.” The proposal was unveiled last week at the annual State of the Franchise. For both the Jaguars and the city, which owns the stadium property, the next step
for the Jaguars is reaching consensus on a development deal and city-backed financial incentives with Mayor Lenny Curry and City Council. “It’s hard to speculate when something might happen. We’re having very positive discussions now with the mayor’s office, and I attribute that to our shared goals and vision for Downtown Jacksonville,” Lamping said. “We have to work on a parallel path. It’s going to be a public-private partnership,” he said. Curry and Chief of Staff Brian Hughes confirmed Tuesday that a deal is in the works and both parties met for negotiations Tuesday morning.
The city and the Jaguars are working on a development deal for a $500 million fourbuilding, mixed-use area in Lot J, the parking lot west of TIAA Bank Field. The Jaguars say the project would be modeled on Ballpark Village, the dining and entertainment district next to Busch Stadium in St. Lous. That project was developed by the Cordish Co., which also is working with the Jaguars. The team showed the above rending of Ballpark Village at its State of the Jaguars presentation.
SEE LOT J, PAGE 11
Newspaper is relocating next year to 121 Atlantic Place on Forsyth Street. BY KAREN BRUNE MATHIS EDITOR
Former Financial News & Daily Record Publisher James F. Bailey Jr. sold the Downtown building the newspaper occupies, more than two years after selling the company to Observer Media Group of Sarasota. Bailey, through The Daily Record Corp., sold the 10 N. Newnan St. building to restaurant, bar and lounge owner Scott McAlister. “We think the location is great,” McAlister said. He said he looked forward to “all of the new projects that are coming together Downtown.” McAlister, through 10 N. Newnan LLC, paid $915,000 for the property in a deal executed Monday. Bailey’s LLC holds a $615,000 mortgage on the property. The daily Jacksonville Daily Record and the weekly Record and Observer have been leasing space from Bailey at the Newnan and Bay streets property but will relocate Downtown early next year. Observer Media Group PubSEE DAILY RECORD, PAGE 11
THE MENDENHALL REPORT
Program develops the builders of tomorrow PAGE 8 VOLUME 1, NO. 47 • ONE SECTION