Business Brief

Mondays during Morning Edition

Every week, WJCT News Director Jessica Palombo talks with Jacksonville Daily Record Editor Karen Mathis or reporter Mike Mendenhall about business trends affecting the First Coast. 

Business Brief: Cordish Executive Shares New Details, Renderings Of Lot J, Shipyards

Mar 5, 2020
Jacksonville Daily Record

Jacksonville Jaguars owner Shad Khan's proposed $2.5 billion Lot J and Jacksonville Shipyards development is a starting point for two decades of development in Downtown's Sports and Entertainment District, said The Cordish Companies Chief Operating Officer Zed Smith.

Business Brief: First Baptist Church Denied Demolition For Downtown Building

Feb 27, 2020
Jacksonville Daily Record

The Jacksonville Historic Preservation Commission voted Wednesday to deny First Baptist Church a permit to demolish its Downtown building at 125 W. Church St., but the fate of the structure may not yet be decided.

Business Brief: Plan To Tackle Arlington Blight Through Zoning Nears Finish Line

Feb 21, 2020
Jacksonville Daily Record

A two-year push by some Arlington commercial property owners to cushion the financial impact of zoning code changes could be settled before March.

Business Brief: Preleasing Begins For Highland Row, $300M Development At I-295, Butler

Feb 14, 2020
rendering of Highland Row sidewalk with trees and people walking
Jacksonville Daily Record

The initial $300 million, 65-acre phase of Fuqua Development’s mixed-use development on 1,200 acres of Skinner family land will begin preleasing under the conceptual name Highland Row.

Jacksonville Daily Record

The discount grocery chain Save a Lot closed at least three stores in Northeast Florida since December, according to WJCT News partner the Jacksonville Daily Record.

Business Brief: Plans Would Dramatically Transform Morocco Shrine Property

Jan 31, 2020
Jacksonville Daily Record

Property owner Morocco Temple Association Inc. wants to transform its Morocco Shrine Center property at 3800 St. Johns Bluff Road S. into a 36.76-acre community called The Village at Town Center.

Business Brief: DIA Gives The District Developers 90-Day Financing Extension

Jan 24, 2020
Via Jacksonville Daily Record

The Downtown Investment Authority is giving developers of The District on Downtown’s Southbank a 90-day extension to obtain financing.

Business Brief: La Nopalera Launching Seafood Concept At Former Famous Amos

Jan 10, 2020
Google via Jacksonville Daily Record

El Pacifico Mexican Seafood, a new concept from the owners of La Nopalera Mexican Restaurant, is slated to open in the closed Famous Amos space on University Boulevard West.

Business Brief: Maple Street Biscuit Looks At Adding Sunday Hours As Headquarters Moves

Jan 3, 2020

When Cracker Barrel Old Country Store Inc. bought Maple Street Biscuit Company in October, it promised to leave Maple Street’s restaurant operations basically intact.

Business Brief: Demolition Looks Likely For Old Fire Station No. 5

Dec 19, 2019
Jacksonville Daily Record

It’s now likely the vacant 109-year-old Fire Station No. 5 in Brooklyn will be demolished.

Business Brief: City Fund Expected To Help Arlington Businesses Come Up To Code

Dec 13, 2019
Shopping center in Arlington with pawn shop in foreground
Jax Daily Record

Commercial property owners in Arlington are close to a deal with the city to reimburse all costs associated with compliance with recently adopted zoning rules.

Business Brief: Developer Wants To Transform Reddi-Arts Property Into 2 Restaurants

Nov 15, 2019
rendering of two buildings
The Jacksonville Daily Record

Jacksonville-based Chase Properties Inc. is finalizing an agreement to purchase Reddi-Arts at 1037 Hendricks Ave. in San Marco and redevelop the property into two restaurants.

Business Brief: DIA CEO Working On Incentives To Bring Restaurants Downtown

Nov 8, 2019
People stand on corners at Hogan Street
Jacksonville Daily Record

In early 2020, the Downtown Investment Authority could begin a program to promote a dense corridor of restaurants in vacant ground-floor spaces in the Northbank core.

Business Brief: $750k In City Funds Could Go To Grocery Store In Food Desert

Oct 25, 2019
exterior of closed Harvey's
Jacksonville Daily Record

The City Council is considering a bill issuing a $750,000 grant to Commonwealth SDC LLC to renovate and reopen a shuttered grocery store in Northwest Jacksonville.

Business Brief: DIA CEO Wants Master-Planned Development For First Baptist Property

Oct 17, 2019
Jacksonville Daily Record

Downtown Investment Authority CEO Lori Boyer says a master-planned redevelopment could be the best option for First Baptist Church officials as they plan to sell 12.17 acres of its Downtown campus.

Jacksonville Daily Record

Stores could be open for business by the end of 2021 at East San Marco.

Business Brief: Hal Jones Awarded $9.88M Contract To Repair Jacksonville Beach Pier

Sep 27, 2019
broken pier
Jacksonville Daily Record

The city awarded Hal Jones Contractor LLC a $9.88 million contract to repair and rebuild the Jacksonville Beach Pier.

Business Brief: Former Downtown Courthouse, City Hall Sites Branded 'The Ford On Bay'

Sep 13, 2019
Via Jacksonville Daily Record

Proposed terms for developing the former Duval County Courthouse and City Hall properties released Thursday by the Downtown Investment Authority give detailed requirements on the amount of retail space expected at the site.

Business Brief: Want To Own A Piece Of The Jacksonville Landing? Here’s How

Sep 6, 2019
bar top rolling out the door on a cart
Eco Relics/The Jacksonville Daily Record

When Eco Relics founders and owners Annie and Michael Murphy heard the city would demolish The Jacksonville Landing, Annie immediately picked up the phone.

“I made a lot of phone calls. It turns out the demolition company heard about us from one of our customers. They said we are 'a cool company,'” she said.

Jacksonville Daily Record

Almost 15 years after opening St. Johns Town Center, owners are preparing for a fourth phase at the Southside shopping center that includes a theater, hotel and additional retail space.

A tenant is coming to Southside that pledges to hire 300 employees by year-end 2021.

Business Brief: Mayor Seeks $2.25 Million For Jacksonville Landing Architecture, Site Work

Aug 9, 2019
Provided by Doris Goldstein

Mayor Lenny Curry is asking the City Council to approve $2.25 million in initial funding for redevelopment of The Jacksonville Landing as part of his proposed 2019-20 Capital Improvement Plan.

Business Brief: Jax Might Use Hotel Bed Tax To Fund Part Of Lot J Deal

Aug 2, 2019
Jacksonville Daily Record

Terms of the city’s proposed agreement with Jacksonville Jaguars owner Shad Khan to develop Lot J released Thursday include a $233.3 million package of incentives.

Business Brief: City Officials Propose Buying Old Fire House No. 5 Property

Jul 22, 2019
Jacksonville Daily Record

City officials want to purchase the old Fire Station No. 5 property on Riverside Avenue from Fidelity National Financial Inc.

Property owner-developer Edward Skinner Jones wants to demolish and rebuild a structure in the Shoppes of Avondale and open the area’s third Southern Grounds & Co. coffee shop.

Business Brief: Mayor Says He's 'Close To An Agreement' To Develop Lot J

Jul 12, 2019
Jacksonville Jaguars

Jacksonville Mayor Lenny Curry says he's "verbally close to an agreement" on an incentives deal for Lot J, the proposed $500 million development at TIAA Bank Field.

Via Jacksonville Daily Record

VyStar Credit Union plans to take down the SunTrust name this month and put up its signs in August on the 23-story Downtown tower it bought almost a year ago.

Business Brief: Becton Details Plan For Special Taxing District In Baymeadows

Jun 14, 2019
Jacksonville Daily Record

A Dependent Special Taxing District in Baymeadows to pay for repairs of deteriorating privately owned roads and infrastructure could mean up to a $500 annual assessment on single-family homes in the area.

Business Brief: City’s Plan To Reduce Blight In Arlington Includes ‘Facade Grants’

Jun 7, 2019
Killingsworth talks in front of map inside church
Jacksonville Daily Record

Arlington businesses could freshen their facades with help from the city if they qualify in the proposed zoning overlay.

Those in the Renew Arlington Community Redevelopment Area could apply for up to $20,000 if they invest $10,000 to comply with the overlay’s new designs standards.

Business Brief: City Makes New Offer To Jacksonville Landing Tenants

May 31, 2019
Jacksonville Daily Record

The deadline for short-term leaseholders to vacate The Jacksonville Landing was at 5 p.m. Friday, but in the waning hours tenant were weighing a new offer from the city in lieu of relocation assistance.