OCTOBER 10 TO OCTOBER 16, 2024 | JAXDAILYRECORD.COM
BUSINESS & LEGAL NEWS IN BAKER, CLAY, DUVAL, NASSAU AND ST. JOHNS COUNTIES
INSIDE
CATCHING THE WAVE
JACKSONVILLE SURF PARK ‘MEANT TO BE’
DEVELOPMENT
3,000-home community planned for St. Johns PAGE 4
RESTAURANTS
Asian buffets taking over former Red Lobsters PAGE 6
The PARC Group
Development of the Jacksonville Surf Park at eTown could cost up to $100 million. Further plans include retail, restaurants, a hotel and apartments.
Organizers say the partnership group has a passion for surfing, while the investment details of the anticipated more than $50 million wave park project remain confidential.
BY KAREN BRUNE MATHIS EDITOR AT LARGE
I
t’s a $50 million to $100 million investment and will create 100 jobs at the surf park alone. Two organizers of the proposed Jacksonville Surf Park shared those facts – and more – Oct. 3, two days after announcing the project Oct. 1. By the end of 2027, organizers hope to open the park in eTown to feature a Wavegarden Cove lagoon along with restaurants and retail space, condos, apartments and “ecosystems” including supporting structures of a surf academy, wellness studio, conference rooms and more uses. The PARC Group of Jacksonville, which is
developing eTown along Florida 9B in South Jacksonville, and Aventuur, a surf park developer with offices in Australia and Los Angeles, announced the plans. The master plan for the Edelman 55.27-acre project also allows for entertainment, retail, multifamily residential and green spaces in the future. Pending approvals, construction is expected to start in 2026 and the park would be open to the public in the fourth quarter of 2027. The partnership would buy the land from the Davis family. SEE SURF, PAGE 8
CITY GOVERNMENT
Project Paper Company A code-named financial services company is planning a new headquarters division in Jacksonville and is seeking $21 million in city incentives. PAGE 3 THE MATHIS REPORT
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THE BASCH REPORT
Constellation Energy boosted by nuclear deal Furyk & Friends tournament sponsor Constellation Energy Corp. is surging after the company announced a deal to restart the nuclear power plant formerly known as Three Mile Island. PAGE 14
Sud Stop plans bubbling up The city issues five construction permits for Sud Stop to build a car wash in Westside as the company seeks multiple Northeast Florida locations. PAGE 7
VOLUME 111, NO. 48 | TWO SECTIONS | PUBLISHED SINCE 1912