MAY 22 TO MAY 28, 2025 | JAXDAILYRECORD.COM
BUSINESS & LEGAL NEWS IN BAKER, CLAY, DUVAL, NASSAU AND ST. JOHNS COUNTIES
INSIDE
WAREHOUSING AND LOGISTICS ISSUE Reports show a cooling NE Florida market for industrial buildings PAGE 6
From traffic to tariffs and more: Six experts offer insight on issues facing industry PAGES 7-10
OTTO AVIATION IS JETMAKER BEHIND PROJECT BLUEBIRD
RESTAURANTS
Raising Cane’s looking at more area locations PAGE 3
THE MATHIS REPORT
Beaches may see first Aldi by conversion of Winn-Dixie PAGE 12
Otto Aviation
Fort Worth, Texas-based Otto Aviation is developing the Phantom 3500 jet, shown in a rendering. Otto says the design of the plane offers lower drag, greater fuel savings, longer range and reduced emissions compared to competing aircraft.
The Jacksonville Aviation Authority board approved a $34.9 million deal for the Texas-based company, which also is seeking city incentives in a plan to invest $430 million and move its headquarters to Cecil Airport. PAGE 4 SUBSCRIBE NOW!
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DEVELOPMENT
Groundbreaking II for Gateway Jax It plans to begin work on 425 Beaver Street, a mixed-use building that will include 286 multifamily units, nearly 20,000 square feet of retail space and a parking garage. PAGE 13
THE BASCH REPORT
LEGAL SECTION
Upgrades planned for Maxwell House plant
2024 delinquent real estate tax list
Kraft Heinz is spending $3 billion to upgrade its U.S. plants and the company confirmed it includes the Maxwell House coffee plant in Downtown Jacksonville. PAGE 14
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VOLUME 112, NO. 28 | SIX SECTIONS | PUBLISHED SINCE 1912