Page A-2 • Wednesday, May 6, 2015 • Financial News & Daily Record
Mathis... Continued from front page
been subleasing some space on the 29th floor and now will take that space and add to it, totaling 28,295 square feet. On the Southbank, Stein Mart is investing an estimated $3 million in renovating its headquarters at 1200 Riverplace Blvd. That’s the construction cost on a building-permit application, but the total investment is expected to be more. The company budgeted $4 million this year for “reconfiguring our corporate office space,” according to its annual 10-K SEC filing. Jacksonville-based Stein Mart said it leases 110,000 square feet. The permit application covers about 98,000 square feet among six floors. Parkway Realty Services says the fashion retailer renewed its lease last year. CEO Jay Stein said in a Akel March conference call with investment analysts the company had recently signed a new lease to keep its headquarters space in the building. Stein Mart Director of Investor Relations Linda Tasseff said the company signed the original lease at the building in 1998 and occupied the space beginning in 1999. The new 10-year lease expires in 2026. She said 450 associates work in the corporate office. In response to an analyst’s question about office space, Stein said the company doesn’t need any additional space to accommodate the company’s overall growth. “Trust me, we turned down some opportunities to get a lot of office space in this city that would have cost us more, but we don’t need it,” he said.
Cooper’s Hawk renovating Whisky River
Cooper’s Hawk Winery & Restaurants will soon convert the for-
Today
mer Whisky River Beer & Wings location in The Markets at Town Center. Whisky River closed in January 2014. Cooper’s Hawk plans a $3 million interior and exterior renovation of the 13,200-square-foot restaurant, a permit application shows. The address is 4850 Big Island Drive, No. 3, in the St. Johns Town Center area. It should open late this year. The first Cooper’s Hawk opened in 2005 in a Chicago suburb. The concept was to create a signature menu with a selection of dishes designed to pair with the wines it made in its private winery. The concept comprises four components: An upscale casualdining restaurant, full-service bar, private barrel-aging room and Napa-style tasting room and retail gift store. The company says each location is distinctive in layout and décor. Cooper’s Hawk operates 18 locations, comprising seven in Illinois, three in Florida, two each in Indiana, Missouri and Ohio and one each in Virginia and Wisconsin. In Florida, two operate in Orlando and one in Tampa. In addition to Jacksonville, the business intends to open in Naples. Cooper’s Hawk produced more than 260,000 cases of wine last year. The renovations should start with a clean inside slate. In July, Whisky River’s contents were auctioned, including a complete mechanical bull and 18 big-screen TVs.
Arlington Toyota prepares for expansion
Another Arlington area development is becoming evident at Arlington Toyota. Arlington Land LLC, associated with the dealership’s ownership, applied for permits to demolish commercial buildings at 10957 Atlantic Blvd. and 123 General Doolittle Drive. Lockwood Quality Demolition Inc. is the contractor for the $30,000 job cost to take down the structures.
La Quinta planned in North Jacksonville
A La Quinta Inns & Suites is planned at the site of a closed motel in North Jacksonville that would be demolished to make way for the new hotel. An expedited mobility fee calculation certificate shows that CenterState Bank of Florida, which took title to the property in February, has a purchase and sale agreement to sell the property to Shirish Patel. Plans show the existing 108room motel would be removed and replaced with a 108-room hotel of the same square footage on 3.83 acres at 10550 Balmoral Circle W.
Bank branch closings
Two bank branches are closing in St. Johns County, according to filings with the Comptroller of the Currency, an office with the U.S. Treasury Department. Wells Fargo filed a notice of closing for a branch at 1000 Vicar’s Landing Way in Ponte Vedra Beach. Florida Capital Bank filed a notice to close a branch at 3970 Florida A1A S. in St. Augustine. kmathis@jaxdailyrecord.com @MathisKb (904) 356-2466
Public Meetings
10 a.m. – City Council Special Ad Hoc Committee on Jacksonville’s Neighborhood Blight, City Hall, Lynwood Roberts Room
Thursday, May 7
9 a.m. – City Council Economic Incentives Special Committee, City Hall, Suite 425 1 p.m. – City Council Special Ad Hoc Committee on Jacksonville’s Neighborhood Blight, City Hall, Suite 425 4 p.m. – Taxation, Revenue & Utilization of Expenditures Commission, City Hall, Council Chamber
Monday, May 11
Arlington Toyota operates at 10939 Atlantic Blvd. A previous city concurrency review showed it wanted to demolish a retail center to make way for its outdoor car display. A second phase was shown as two additional parts, sales and service buildings and more parking spaces. Arlington Realty LLC and Arlington Land LLC sought rezoning at Atlantic Boulevard and General Doolittle Drive addresses so that Arlington Toyota can expand the existing new and used vehicle dealership and service department, according to rezoning documents. Arlington Realty owns the site occupied by the dealership. Arlington Land owns the contiguous and neighboring parcels.
9 a.m. – Jacksonville Waterways Commission, City Hall, Council Chamber 1:30 p.m. – City Council Transfer Stations Special Committee, City Hall, Suite 425
3 p.m. – Duval County Election Advisory Council, City Hall, Don Davis Room
Tuesday, May 12
8 a.m. – Subdivision Standards Policy Committee, 214 N. Hogan St., 10th floor conference room 2 p.m. – City Council JEA Agreement Special Committee, City Hall, Lynwood Roberts Room 5 p.m. – City Council, City Hall, Council Chamber
Wednesday, May 13
9 a.m. – Jacksonville Waterways Commission, City Hall, Council Chamber 10:30 a.m. – City Council Special Committee: Vehicles for Hire, City Hall, Suite 425 3 p.m. – Duval County Election Advisory Panel, City Hall, Don Davis Room
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Today
Nitro Circus Live
7:30 p.m. Veterans Memorial Arena Jaxevents.com
Art Walk: Fiesta de Mayo 5-9 p.m. Hemming Park Iloveartwalk.com
Classic Soul: Motown and More
Backstage Tours
8 p.m. Ritz Theatre and LaVilla Museum Ritzjacksonville.com
6:30 p.m. and 7:30 p.m. Florida Theatre Floridatheatre.com
Thursday, May 7
Ghost of the Blues 8 p.m. Florida Theatre Floridatheatre.com
Downtown “Top to Bottom” Walking Tour 10 a.m. The Landing Adlibtours.com
Menopause the Musical 8 p.m. Times-Union Center Artistseriesjax.org
Transcendental Thursday
Saturday, May 9
6:30-9 p.m. Hemming Park Hemmingpark.org
Shannon Miller Lifestyle 5K
Menopause the Musical
8 a.m. The Landing Jacksonvillelanding.com
7:30 p.m. Times-Union Center Artistseriesjax.org
Riverside Arts Market
Friday, May 8
10 a.m.-4 p.m. Northbank Riverwalk Artists Square Riversideartsmarket.com
$5 Friday
10 a.m.-8 p.m. Museum of Science & History Themosh.org
Real Estate
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$525,000 MORTGAGE:
$420,000 LENDING INSTITUTION:
BB&T SELLER:
Deanna M Lissner BUYER:
Michael D Hill DATE OF TRANSACTION:
4/21/2015 COMPILED BY DAILY RECORD STAFF. SEE PAGE 8 FOR LISTINGS OF ALL SALES. SPACE SPONSORED BY
CLASSIFIEDS WORK! CALL 356-2466
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