Business

Now That Lot J Deal Is Dead, Here's What's Next

Jan 14, 2021
BILL BORTZFIELD / WJCT NEWS

Now that Jacksonville Jaguars owner Shad Khan is “pulling the plug” on Lot J, team President Mark Lamping says Khan wants to advance his $535 million plan to redevelop Metropolitan Park and the Shipyards.

Berkman Plaza II Headed For Conventional Demolition; New High Rise Planned

Jan 12, 2021
Via Jacksonville Daily Record

The developer that wants to raze the unfinished Berkman Plaza II on the St. Johns Riverfront Downtown no longer plans to implode the high-rise.

A home on Jacksonville's Southside is pictured for sale on Oct. 7, 2020.
BILL BORTZFIELD / WJCT NEWS

The rapid rise of Jacksonville home prices is expected to accelerate in 2021.

Jacksonville Daily Record

The Church of Eleven22 announced Jan. 5 that it bought 55 acres for its first campus in St. Johns County.

Sun-Ray Cinema / Via Facebook

Sun-Ray Cinema, which has hosted pop-up drive-in movies at several locations during the pandemic, has decided the time is right for a permanent Jacksonville drive-in theater.

Jacksonville Daily Record

TIAA has informed the state it is laying off 59 employees in Jacksonville.

Chris Pizzello/Invision/AP

Questions remain about when extended unemployment benefits from a newly signed federal stimulus package will be available for Floridians out of work because of the COVID-19 pandemic.

Data from the Census Bureau paint a grim picture of the pandemic’s impact on the economy. According to the bureau’s Household Pulse Survey, 26% of Floridians reported being late on rent, worse than the US average, while 12% reported not having enough to eat.

Economic analyst Dr. Hank Fishkind, of Fishkind Litigation Services, tells WMFE the pandemic is affecting some people far worse than others.

Downtown Jacksonville
BILL BORTZFIELD / WJCT NEWS

Florida’s unemployment rate held steady in November, as businesses did not boost seasonal hiring as much as usual amid the COVID-19 pandemic.

The Bank of America tower, Jacksonville's tallest office high-rise, is changing hands.
BILL BORTZFIELD / WJCT NEWS

Group RMC of New York City bought Jacksonville’s tallest office high-rise – the 42-story Bank of America Tower – and two other Downtown buildings Dec. 15 for $75.5 million.

Boeing

Boeing has decided to stay and expand in Jacksonville for the foreseeable future.

City Issues Permit For $32M Westside Jacksonville UPS Conveyor System

Dec 17, 2020
Jacksonville Daily Record

United Parcel Service Inc. landed a city building permit Dec. 16 to install a $32 million conveyor system at its Westside Industrial Park parcel shipping ground hub at 4420 Imeson Road.

Florida Retailers Navigate Holiday Shopping

Dec 16, 2020

The Coronavirus pandemic and subsequent lockdowns have hurt many industries, and while we hear about restaurants and hospitality, retail is also reeling.

As retail stores were forced to close during Florida’s stay at home order, small business owners like Sarah Byron of Pop Toy Co. in Naples, says they were able to remain open by adapting their sales tactics.

Jacksonville Daily Record

Owners of the historic Seminole Building Downtown applied to the city for a permit to build a rooftop patio on the third floor of the three-story building at 400 N. Hogan St.

Charlies Riedel / Associated Press file photo

Southwest Airlines will offer two new daily nonstop flights from Jacksonville this spring.

Jacksonville Daily Record

With permits issued Dec. 10, developers Marc Peter Kozman and Magdi Samuel can start work on converting the former FBI Building into the Arlington Apartments at a cost of $11 million.

Google / Via Jacksonville Daily Record

A former Kmart at 1501 Normandy Village Parkway in West Jacksonville will become U-Haul Moving & Storage.

Florida Joins States’ Lawsuit Targeting Facebook

Dec 10, 2020

Florida Attorney General Ashley Moody joined 45 other states Wednesday in a lawsuit against Facebook, accusing the social media giant of exploiting its dominance in the digital marketplace and engaging in anti-competitive practices.

The states’ lawsuit, accompanied by a legal complaint filed by the Federal Trade Commission, focuses on Facebook’s allegedly “illegal buy-or-bury strategy that thwarts competition and harms both users and advertisers.”

This photo shows a model of the Crazy Beans Coffee planned inside the Jacksonville Regional Transportation Center.
Via Jacksonville Daily Record

Fleming Island-based Crazy Beans Coffee is planning a breakfast and lunch cafe on the ground floor of the Jacksonville Regional Transportation Center in LaVilla.

WILFREDO LEE / AP

Effects of the coronavirus pandemic on state tourism decreased in October, but recovery for Florida’s vital revenue-generating industry is still at best a year away, according to an association study released Monday.

Stillwater Will Feature Area's 1st New Golf Course In More Than 15 Years

Dec 7, 2020
Via Jacksonville Daily Record

A lifestyle change is ending a drought of more than 15 years in new golf course construction in Northeast Florida.

Via Jacksonville Daily Record

VyStar Credit Union applied to the city for a permit to renovate the breezeway at its Downtown headquarters campus at a cost of $1.62 million.

1a Auto is bringing its Southeast US distribution operations to Jacksonville.
JAXPORT

1A Auto, an online aftermarket auto parts retailer, has selected Jacksonville as the site for its Southeast U.S. distribution operations.

Rendering of the Ascension St. Vincent's St. Johns County hospital that is being built at 1020 Ce Wilson Road in St. Johns.
Ascension St. Vincent's

A new hospital for St. Johns County has moved off the drawing board and into the construction phase.

Via Jacksonville Daily Record

Owners of the historic Central Fire Station Building Downtown seek conceptual approval from the Downtown Development Review Board for adaptive reuse of the two-story structure at 39 E. Adams St.

Stein Mart Will Be Relaunched Online-Only By New Miami-Based Owner

Dec 3, 2020
Photo of Stein Mart website
BILL BORTZFIELD / WJCT NEWS

After buying the intellectual property rights in bankruptcy court, Retail Ecommerce Ventures said it will relaunch Stein Mart as an online-only store early next year.

Florida’s Chief Financial Officer Jimmy Patronis is travelling the state visiting restaurants and their owners to push for COVID-19 liability protections for small businesses. It’s a part of growing calls to shield businesses from COVID-19 lawsuits ahead of the state’s 2021 legislative session.

Sen. Keith Perry joined Patronis on the first stop of what the the CFO has dubbed the “Restaurant Business Liability Tour.”

Jacksonville Jaguars / Via Jacksonville Daily Record

As a proposed $457 million development next to TIAA Bank Field that includes more than $230 million in city investments goes before City Council Thursday, a new poll out the same day finds a majority of Jacksonville voters oppose it.

Nam Y. Huh / Associated Press

How does your holiday shopping budget compare to others'?

CSX's Downtown Jacksonville headquarters
BILL BORTZFIELD / WJCT NEWS

Jacksonville-based CSX is trying to acquire New England’s Pan Am Railways, Inc.

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