Dan Macdonald - Jacksonville Daily Record
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The former Wine Cellar restaurant is being renovated on Jacksonville's Downtown Southbank. -
BTI Partners has already acquired 4,600 acres in Clay and St. Johns counties, but the company sees even more potential in "the hidden gem" of Jacksonville.
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Mark Rosener, president of the Northeast Florida Association of Realtors, predicts a much calmer year with stabilized interest rates.
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The developer, BTI Partners, is the same company planning 4,000 homes in Clay County.
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The 3,300-acre project at Governors Park will include homes, apartments, retail, light industrial space and more.
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The Backyard at Pete’s Bar is the latest in more than $600,000 that has been spent to refurbish the landmark bar.
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The new owners have no immediate plans for major changes. They also want to retain the existing staff.
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Some renters in Jacksonville are taking on roommates, moving back home or even asking friends for help.
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The restaurant offers Italian-American cuisine. It will fill the previous space of Barrique Kitchen & Wine Bar.
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Owner Wen Raiti said the rising cost of food, rent and staff made it impossible for the organic restaurant to go on.
