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Daily Record FINANCIAL NEWS &

THURSDAY, MAY 24, 2018

VOL. 105, NO. 134 • ONE SECTION

35¢ www.jaxdailyrecord.com

Morgan’s lease plan draws opposition

THE PRESIDENTS As of May 31, the presidents of three Jacksonville institutions of higher education will retire. The Daily Record spoke with each about their work to improve the workforce and business community. Today: Florida State College at Jacksonville President Cynthia Bioteau.

CYNTHIA BIOTEAU

Legislation would hurt commercial real estate industry, NAIOP president says.

Florida State College at Jacksonville president says institution continues to evolve to meet the needs of local business and industry. By Max Marbut Associate Editor

By Karen Brune Mathis Editor

M

uch has changed at Florida Junior College since it opened its doors in 1966. Enrollment has grown from about 2,600 to nearly 50,000 students. The curriculum has grown from a few courses to 164 degree and certificate programs. The name changed in 1986 to Florida Community College at Jacksonville and in 2009 to Florida State College at Jacksonville. What hasn’t changed in the past 52 years is the institution’s commitment to being an integral part of the local business economy through helping to provide a qualified workforce. “What you see today is a state college building upon what happened as a junior college and a community college,” said FSCJ President Cynthia Bioteau, 65, BIOTEAU

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A group representing commercial real estate developers and property owners opposes City Council member Joyce Morgan’s proposed legislation that would put more requirements on tenant leases. The president of the NAIOP Commercial Rea l E s ta te Deve l o p m e n t Association Northeast Florida chapter said Howard Wednesday the group does not agree with the bill, Ordinance 2018-310. “We are strongly opposed to this legislation which would significantly harm the commercial real estate industry in Jacksonville,” said chapter President Julie Bohn Howard in an emailed statement. “The bill creates another obstacle to lease space and will significantly slow new tenancy and impose thousands of dollars in additional expenses to tenants and owners for a process which is already in place to meet the building and fire code,” she said. Morgan said Wednesday afternoon she invites those who oppose the bill to a public meeting at 1 p.m. June 8 at City Hall in the fourth-floor Conference Room A. “I am not a know-it-all, I don’t

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THE SERIES WEDNESDAY Edward Waters College President Nat Glover Jr. FRIDAY University of North Florida President John Delaney MISSED A PROFILE? Read all the profiles online at jaxdailyrecord.com

Photo by Max Marbut

Florida State College at Jacksonville President Cynthia Bioteau at the college’s restaurant and classroom on the first floor at 20 W. Adams St. Downtown, the historic Lerner Building where the school will offer student housing this fall.

LEASE

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City reviewing permits for two Westside speculative warehouses

Reports show vacancy rate for industrial space at record low in city.

Two proposed speculative warehouse projects, totaling almost 460,000 square feet of space, are now in for permitting: Becknell Industrial’s proposed speculative warehouse in Westlake Industrial Park and the foundation for Pattillo Industrial Real Estate’s planned center in Westside Industrial Park.

They join an industrial market with historic low vacancy rates that encourage speculative development to lure prospective tenants and investors. For Becknell, the city is reviewing a building-permit application for a 185,696-square-foot speculative building at 12075 Pritchard Road at Westlake Industrial Park.

No contractor is listed for the $7 million project. Daniel Fogarty Jr., senior vice president of Lyons, Illinois-based Becknell Industrial, said previously that demand for warehouse space is outpacing available supply. “There are very few Class A, modern industrial facilities avail-

able to serve many prospects currently in need of such space,” he said, adding that such facilities offer higher warehouse ceilings, more loading docks and more auto and truck trailer parking. Westlake Industrial Park, owned by Atlanta-based Norfolk MATHIS

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The Cawton Report: Bowman sees no conflict of interest City Council president-elect also a leader with chamber’s JAXUSA Partnership. PUBLIC

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