Business Brief

Business Brief: Riverside Transformation Picks Up Pace

Sep 21, 2015
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Fans & Stoves via Facebook

Big changes are coming to Jacksonville’s Five Points area. Among them, the antiques mall Fans & Stoves is being forced to relocate because a Miami developer bought its building.

Business analyst John Burr tells WJCT News Director Jessica Palombo, the quirky neighborhood began its commercial transformation more than a decade ago when a Publix supermarket opened next to Memorial Park—and today the rapid changes are making some long-time tenants nervous.

Jacksonville Jaguars

Sunday was the first home game of the Jacksonville Jaguars’ regular season. The Jacksonville Chamber of Commerce celebrated the return of football with a pep rally last week.

But what effect the team has on business in the River City remains murky.

In this "Business Brief," analyst John Burr explains the team’s economic impact to WJCT News Director Jessica Palombo.

Last week, Florida Lieutenant Governor — and Senate hopeful — Carlos Lopez-Cantera stopped in Jacksonville. The only meeting on his schedule that day was at the Jacksonville Chamber of Commerce.

In this week’s Business Brief, analyst John Burr tells WJCT News Director Jessica Palombo, the meeting is just one example of how the Jax Chamber is getting more involved in politics.

Bonnie Zerr / WJCT

  Last week, the One Spark crowdfunding festival eliminated most of its full-time staff.

In this week’s Business Brief, analyst John Burr tells WJCT News Director Jessica Palombo the festival’s future is uncertain.


Barnett exterior
Steve Atkins

Jaguars owner and investor Shad Khan is suing the developer of downtown’s Barnett Tower over money he lent to help develop the still-empty building, as first reported in the Florida Times-Union.

In this week’s Business Brief, analyst John Burr shares why the suit against Steve Atkins also calls into doubt his planned development of other historic buildings called the Laura Street Trio. 

American Advisors Group / Flickr

In this week’s Business Brief, analyst John Burr shares updates WJCT News Director Jessica Palombo on the real estate market in Northeast Florida. Burr says it's a seller's market, but that shouldn't stop people who are interested in buying a home.

Photo credit: "House Sold" by American Advisors Group is used under CC BY-SA 2.0.

Michael Rivera / Wikimedia Commons

A disagreement over expanding Medicaid in Florida is blamed for the Florida House of Representatives’ going home without passing a budget last week.

In this week’s Business Brief, analyst John Burr shares with WJCT News Director Jessica Palombo why private insurance companies are rooting for the expansion of government health care in the Sunshine State.

You can follow Jessica Palombo @jessicapubradio.

Meredith Fordham Hughes / JAXPORT/Flickr

The Jacksonville City Council is considering financial incentives for local businesses that increase their exports through JAXPORT. In this week’s Business Brief, analyst John Burr shares with WJCT News Director Jessica Palombo what’s behind the export push.

You can follow Jessica Palombo @jessicapubradio.

 A coalition of business groups has sent a letter to Florida Governor Rick Scott and legislative leaders. The businesses, including Jacksonville-based Florida Blue, are pleading for a law banning workplace discrimination against LGBT people.

In this week’s Business Brief, analyst John Burr shares with WJCT News Director Jessica Palombo how the issue has been playing out in the Jacksonville mayor’s race.

Ilya / Flickr

As natural gas is expected to fuel more vehicles, it’s also expected to help fuel the economy on the First Coast.

man and women at conference table
Kompentenzzentrum Frau und Beruf via Flickr

At today's Generation W Women’s Leadership Conference, WJCT Business Analyst John Burr moderated a panel discussion about women in business leadership.

In this Business Brief, he tells News Director Jessica Palombo how the experience changed his view of what it means to be a feminist, what men should do to encourage equality at work and what it means for a business' bottom lines. 

News4Jax

Tuesday, March 24 is Election Day in the Duval Unitary First Election. In this election, incumbent Democratic Mayor Alvin Brown is facing three contenders for his current job: Omega Allen with no party affiliation and Republicans Lenny Curry and Bill Bishop.

In this week's Business Brief, analyst John Burr and WJCT News Director Jessica Palombo talk about the Jacksonville mayoral election. Burr shares which of the four candidates is getting the most support from Jacksonville's business community.

Equality Florida

Same-sex marriages have been performed in Florida since early January. A study from UCLA predicts Florida business owners will reap the benefits of additional weddings to the tune of $182 million over the next three years.

WJCT Business Analyst John Burr says, in Northeast Florida, St. Augustine is especially well-positioned to capitalize. That’s because, Burr says, business owners there have been marketing to the LGBT crowd for years.

Scott and auto workers
Office of the Florida Governor

The Florida Legislature begins its 2015 lawmaking session Tuesday in Tallahassee. Above all, lawmakers are responsible for passing a budget that determines how much taxpayer money is spent on what.

In this week’s Business Brief, business analyst John Burr and WJCT News Director Jessica Palombo talk about the spending plan put forth by Governor Rick Scott, which includes corporate income and manufacturing equipment tax cuts. 

walkways and buildings
Populous via Shad Khan

Jacksonville is buzzing about plans unveiled this week by Jaguars owner Shad Khan to transform Downtown. It’s a massive entertainment, residential and business district along the North Bank of the St. Johns River.

Khan’s is far from the first proposal for the former shipyards property, and most have failed. But Jacksonville Business Journal Editor John Burr says he’s optimistic this time will be different.

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