Business Brief

Mondays during Morning Edition

Every week, WJCT News Director Jessica Palombo talks with business analyst John Burr about the latest business trends affecting the First Coast. 

Jeff Wright / Flickr

Some Downtown Jacksonville residents remain without power after part of Liberty Street collapsed into the St. Johns River last weekend. Jacksonville Business Journal Editor John Burr says the road collapse is part of a larger problem.

“Despite all the cheerleading for redeveloping downtown, the city itself has not put the resources into doing much, certainly not as much as anywhere close to what is needed to really a spark a renaissance," he says. 

apartments
CBRE Group

An apartment complex on the Intracoastal Waterway sold for nearly $60 million dollars yesterday, making a huge profit for the owners who bought it just a year earlier. Jacksonville Business Journal Editor John Bur says the Seagrass Apartments sale is an example of the apartment boom happening in Northeast Florida.

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