Daily Record FINANCIAL NEWS &
FRIDAY, DECEMBER 23, 2016
Vol. 104, No. 029 • oNe SectioN
Aircraft business expands to area
www.jaxdailyrecord.com
Luncheon to benefit clinic in Downtown
Work progresses on Chophouse
Volunteers in Medicine also will honor Weaver
Traxxall tracks inventory, maintenance for planes
By Max Marbut Staff Writer
Daily Record photo
Interior work has begun on the Cowford Chophouse Downtown at East Bay and Ocean streets. Above, the concrete floor on the ground level has been poured. Also, the first- and second-floor kitchens are framed in and electric and ventilation systems are installed. Upon completion, the restaurant will feature a two-story dining room as well as a rooftop terrace bar and lounge. Danis Construction is providing the construction services for the project and Design Cooperative is performing architectural services. Exterior work still to be done includes installation of the historic windows, masonry and cast stone.
Photo provided by Cowford Chophouse
By David Chapman Tracking maintenance on cars can be easy. An engine light may come on. There could be a note in the automobile’s user guide that suggests a tune-up every 25,000 miles or new tires at 40,000 miles. Plenty of people often don’t follow schedules, though, letting suggested updates go until it becomes imperative to look at what’s needed and cringe at the costs. Airplanes, however, are different. There can be no procrastination — the Federal Aviation Administration requires benchmarks be met or the plane can quickly be grounded. Traxxall Technologies specializes in keeping tabs on those maintenance schedules, as required by the FAA. The Montreal-based company recently opened its first U.S. office in Orange Park. The expansion came from a significant growth in clients. Not the big jetliners that fly out of airports like Jacksonville International Airport — those companies have their own enterprise resource programs. Instead, think corporate and public safety fleets that share the air. They’re ones that seek out companies like Traxxall, which provides aircraft maintenance tracking and inventory management systems. How it works: Owners must track maintenance to ensure different parts of an airplane only travel so far before coming in for review or replacement. Traxxall essentially builds a template for each aircraft and loads customer data. From there, the company works with owners, notifying them when service will be needed to ensure plenty of time to schedule maintenance. Traxall isn’t responsible for actually doing the work — that’s on the owner. “We can’t turn wrenches on aircraft,” said Jeff Dougherty, a maintenance analyst leading the Florida office. However, Dougherty and most of the office’s five employees have that kind of background. TRAXALL CONTINUED ON PAGE 3
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For the first time since it was established more than 13 years ago, Volunteers in Medicine Jacksonville is planning what organizers hope will become a signature event to raise the public’s awareness of the Downtown full-service medical clinic. The inaugural “Women with Heart” luncheon presented by Florida Blue is Feb. 8 at the Florida Blue conference center in Deerwood. “We think Volunteers in Medicine is one of the best-kept secrets in Northeast Florida. We need to engage people and share our mission,” said Cindy Stoddart Cooper, director of partnerships and community engagement. The inaugural Dorion-Burt Heart Award, named after the clinic’s co-founders Dottie Dorion and Dr. Jim Burt, will be presented to philanthropist Delores Barr Weaver. Cooper said Weaver in the past year awarded two $100,000 challenge Weaver grants to the nonprofit that provides free medical treatment for people who have jobs, but no health insurance, and make too much money to qualify for government-subsidized health care. “The working uninsured is one of our most vulnerable populations. What we provide is not an entitlement. It’s not a handout, it’s a hand up,” said Cooper. The clinic at 41 E. Duval St. is funded by grants and corporate and individual contributions. It receives no federal support. Patients are seen by appointment five days a week including Saturdays and must meet employment and income requirements. In the past year, more than 230 medical and non-clinical health care professionals volunteered their time and skills to provide more than $1.2 million in free treatment. That includes physicians, nurse practitioners, registered nurses, dentists, dental VOLUNTEERS
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First Coast Energy sells 8 Duval sites
The owner and developer of Daily’s convenience stores sold 13 gas stations and convenience stores, including eight in Duval County, last week. None of the properties sold was a Daily’s, the flagship brand of First Coast Energy LLP. Records show the eight Duval stores, of which seven were Shell stations and one was the Sunoco brand, sold for $14.4 million. The buyer was Northeast Petro Holdings 1 LLC of Aventura. Northeast Petro Holdings is led by Sergio Delmico, who also is
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manager of MNV Energy LLC, which already owns at least two Jacksonville Shell stations at 5971 Ramona Blvd. and 818 Dunn Ave. MNV operates 24 BP, Chevron, Shell and Mobil branded stores in Florida, reported Convenience Store News in March. “This is the business model of reinvesting money in other areas,” said First Coast Energy spokeswoman Andrea Kane. She said it was nothing strategically unique because the company frequently buys and sells sites.
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The Duval properties sold were at 7890 103rd St., 11150 Lem Turner Road, 5676 University Blvd. W., 2500 Mayport Road, 3511 Emerson St., 1922 and 2197 Kings Road and 1539 S. Third St. in Jacksonville Beach. Jacksonville-based First Coast Energy operates 35 Daily’s stores
in Jacksonville, St. Augustine, Gainesville and Broward County. It also owns, operates and supplies fuel to about 200 sites, including the Daily’s stores, Shell and some Sunoco stations and some new sites in North Carolina. First Coast Energy also is sponsoring Daily’s Place, the amphitheater and covered flex field at EverBank Field that is expected to open in May. Kane said the property sale had no connection to the investment in Daily’s Place.
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Hines buys land for apartments
The Hines global real estate firm bought property last week to develop apartments at its Southside property near St. Johns Town Center. S-15 Land Holdings LLC, the Hines group that bought almost 69 acres along Gate Parkway in October, sold about 10 acres Friday to Hines’ Southside Multifamily LLC company for almost $7.2 million. MATHIS CONTINUED ON PAGE 4
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