Business Brief

Jessica Palombo / WJCT News

We’ve heard time and time again that Jacksonville’s downtown is really about to take off.

But as Jacksonville Daily Record Editor Karen Mathis says, this time, it’s not a drill.

Via The Jacksonville Daily Record

A handful of companies are seeking public incentives to relocate to Jacksonville.

Jacksonville Daily Record Editor Karen Mathis tells WJCT News Director Jessica Palombo about a couple of the biggest asks currently before the city and state.

That’s this week’s Business Brief.


Business Brief: Restaurant Openings; Winn-Dixie Tries To Reinvent Itself

Jun 22, 2018
Exterior of Sanford, Florida, Keke's Breakfast Cafe
Keke's Breakfast Cafe via Facebook

Many new restaurants are coming to the First Coast.

That’s as a troubled local grocery chain is trying to reinvent itself.

Jacksonville Daily Record Editor Karen Mathis joined WJCT News Director Jessica Palombo to talk about these food trends in this week’s Business Brief.

Northeast Florida Regional Airport via Facebook

Jacksonville travelers have seven new flights to choose from, after low-cost Frontier Airlines announced it’s adding direct flights to places like San Antonio and Las Vegas.

JEA power plant
JEA

JEA recently announced it will close a coal-fired power plant on Jacksonville’s Northside, which came online in the late 1980s. With the complex’s closure, about 200 people will lose their jobs.

The plant’s closure after nearly 30 years of service is not surprising in today’s energy climate. If you’ve been paying attention to the electric power generation business, coal fired power plants are closing all across the country.


John Burr

As diplomatic relations improve between Cuba and the U.S., more and more people are traveling to the island nation.  Among them is WJCT business analyst John Burr, who traveled there recently with a group from his church. 


John Burr

"Localnomics” is the idea that cities’ and businesses’ working together is the best way to solve long-simmering economic problems. The concept was discussed last week at a meeting of the Jacksonville World Affairs Council.


CSX train
Nate Beal / Wikimedia Commons

This week, the board of the Jacksonville-based CSX railroad will consider a company takeover.

CSX is the largest publicly owned company in town and North America’s third-largest railroad, valued at $43 billion. About 3,500 employees work for the company in Northeast Florida.


Financial News and Daily Record logo
Financial News and Daily Record

Jacksonville’s Financial News and Daily Record is under new ownership as of this month. It was the last Jacksonville newspaper owned by a local family.


golfer
Bfi Bussiness Furniture via Flickr

Jacksonville’s Hidden Hills Country Club is opening its golf course to the public after suffering declining membership. Arlington’s Hidden Hills is just the latest indication that golf as a business is in the rough.


coaches standing by field with TV camera
John Burr / WJCT News

The Jacksonville Jaguars on Thursday introduced new leadership after the firing of head coach Gus Bradley. The team is counting on former Coach Tom Coughlin to give it the shot in the arm that’s been missing since he left more than a decade ago.


San Marco lion fountain
Lindsey Kilbride / WJCT News

A long-planned mixed-use development called East San Marco is finally proceeding in the historic Jacksonville neighborhood after building permits were issued last week.

exterior of Murray Hill Theatre
Mike via Flickr

It’s a new year, and I'm predicting big things for Northeast Florida.

Among them: the first sighting of a boom economy in a decade, high consumer confidence, more home construction and gas prices’ staying relatively low.

WJCT News

Jacksonville’s Metropolitan Park could soon be developed into a shopping and residential area across from EverBank Field. The city is planning to solicit development proposals starting in January for the park and neighboring Shipyards property.


News4Jax

Online retail giant Amazon is planning to build two Jacksonville distribution centers — with the latest slated to go near the Cecil Commerce Center on the city’s Westside.

It’s the latest example of industrial development’s booming at the site of the former Navy base.


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