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Jacksonville Daily Record 8/15/24

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AUGUST 15 TO AUGUST 21, 2024 | JAXDAILYRECORD.COM

BUSINESS & LEGAL NEWS IN BAKER, CLAY, DUVAL, NASSAU AND ST. JOHNS COUNTIES

WHAT’S NEXT FOR WORLD GOLF VILLAGE

INSIDE

THE MATHIS REPORT

316-acre industrial park planned north of JIA PAGE 4

CITY BUDGET

Plan to fund affordable housing cut by Council PAGE 6

Photo by J. Brooks Terry

The former World Golf Hall of Fame building and its IMAX movie theater in St. Augustine. St. Johns County owns this building and is acquiring more property at the site. The county must decide what to do with it after the World Golf Hall of Fame moved back to North Carolina.

St. Johns County must decide what to do with the 36.7-acre site it is acquiring after the Sept. 1, 2023, closure of the World Golf Hall of Fame. BY J. BROOKS TERRY STAFF WRITER

P

lans for the redevelopment of property at World Golf Village might take a year to be finalized, according to St. Johns County, but ideas on what should happen there are taking place now. The St. Johns County Board of County Commissioners voted April 16 to buy the 36.7-acre site that

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surrounds the former World Golf Hall of Fame for $5.5 million from the World Golf Village Foundation Inc. The deal, which has not closed, includes the PGA Tour Productions building and surrounding parking lots and pathways. The county already owned the Hall of Fame and IMAX building. St. Johns County Board of County Commissioners Chair Sara Arnold said the buildings will not be demolished, calling them SEE WGV, PAGE 8

THE BASCH REPORT

RYAM turns a rare profit in the second quarter After reporting losses from continuing operations for five straight years, cellulose specialties product company Rayonier Advanced Materials Inc., or RYAM, reports a second-quarter profit. PAGE 14

LAW & THE COURTS

JU Law School’s campus debut With 83 students enrolled, classes begin at the school’s new home at 121 W. Forsyth St. Downtown. PAGE 10 DEVELOPMENT

JIA food court, The Club JAX gone The properties are making way for the new Concourse B at Jacksonville International Airport. PAGE 3 REAL ESTATE

Top CRE sales of week, Q2 A look at what’s sold in commercial real estate in Northeast Florida. PAGE 12

VOLUME 111, NO. 40 | TWO SECTIONS | PUBLISHED SINCE 1912


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