Daily Record Financial News &
Thursday, December 28, 2017
Vol. 105, No. 030 • One Section
35¢
www.jaxdailyrecord.com
More apartments for Flagler Center Fort Family Investments to build 464-unit Luxor Club just north of St. Johns County.
Citing an advantageous location and changing mindsets, Fort Family Investments will build another apartment community in Flagler Center in South Jacksonville. The city is reviewing construction permits for the Luxor Club Rental Community in Flagler Center in South Jacksonville. Abe Fort, director of development, said Wednesday clear-
ing has begun toward construction of the 464 apartments and the first should be ready in JanuFort ary 2019. S u m m i t Contracting Group Inc. is the contractor. Luxor Club permits total at least $35 million and the project
comprises 25 apartment buildings on 39.82 acres at 13800 Egrets Nest Drive. Fort said 35 acres are usable. He said the company typically does not divulge investment costs. Flagler Center is south of Old St. Augustine Road between Philips Highway and Interstate 95. It is just north of St. Johns County. Major employers in the mixed-
use center include Citi, Web. com, Ernst & Young and Firehouse Subs. Baptist South operates a medical center there. Retail stores, housing and more apartments have been developed within the center or nearby. Fort cited several factors for the decision to develop Luxor Club. Mathis
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Foote: CSX will follow Harrison’s approach
Florida Cracker Kitchen is at 14329 Beach Blvd. It converted a former tire store into a 4,000-square-foot restaurant.
Florida Cracker Kitchen to open
Railroad’s board promoted the COO to CEO on Friday. By Mark Basch Contributing Writer
Special to the Daily Record
Florida Cracker Kitchen offers a taproom, dining room and an area for selling store-branded merchandise.
It’s the second location for the restaurant offering breakfast, lunch and a taproom.
By Karen Brune Mathis Editor Florida Cracker Kitchen, with a menu including Sopchoppy Panhandled Omelettes and Apalachicola Po’ Boys, opens its Jacksonville location at 7 a.m. Friday, said owner Blair Hensley. Blair and his brother, Ethan, partnered
with ServStar Management Group of Jacksonville Beach to open the restaurant and tap room at 14329 Beach Blvd. “We want to bring Jacksonville great food and Southern hospitality that we were raised with in our family in Brooksville and share it through your experience at The Florida Cracker Kitchen
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To no one’s surprise Friday, CSX Corp. announced James Foote as president and chief executive officer. Foote, who was widely considered the likely successor to Hunter Harrison, was named acting CEO on Dec. 14 when Harrison took a medical leave. Harrison died Dec. 16. Foote, who previously worked with Foote Harrison at Canadian National Railway Co., joined CSX less than two months ago as chief operating officer. “I worked alongside Hunter for over a decade and his pioneering approach to railroading unlocked significant efficiencies and value, and we remain focused on delivering on this vision for CSX, our customers and our shareholders,” Foote said in a news release Friday. “The execution of Precision Scheduled Railroading is well underway, with the most critical components of the implementation completed and beginning to generate measurable operating improvement,” he said. Foote also said the company will provide an update on its progress and “showcase” its new management team at an investor day in March. “Jim has decades of railroading experience and the board is confident of his ability to lead the company. He has already had a markedly positive impact,” CSX Chairman Edward Kelly said. mbasch@jaxdailyrecord.com
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