Potential Berkman Plaza II Developer Says City Demolition Order Hindering Sale
Park Beeler, the co-managing member of developer Jacksonville Riverfront Revitalization, told a City Council and Downtown Investment Authority joint workshop Feb. 23 that his company intends to buy the unfinished Berkman Plaza II within two weeks and start demolition at the end of March.
Those plans are complicated by a city order to demolish the riverfront structure at 500 E. Bay Street, according to WJCT News partner the Jacksonville Daily Record.
Beeler said at the workshop that city officials informed Jacksonville Riverfront Revitalization it will not cancel a public demolition order issued in October when the structure was condemned by the Municipal Code Compliance Division.
“I must be very honest with you, this is a situation that is of concern to use because it’s a blight on (the) title,” Beeler said.
“Any kind of a demolition order is a title defect. It makes it difficult to complete the closing,” he said.
Read the rest of this story at JaxDailyRecord.com.