Business Brief

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: First Baptist Hires CBRE To Market Downtown Jax Property

Dec 6, 2019
Via Jacksonville Daily Record

First Baptist Church hired CBRE Jacksonville to help market and sell 11.29 acres of its Downtown campus, the commercial real estate firm announced Dec. 5 in a news release.

Jessica Palombo / WJCT News

Jacksonville Daily Record reporter David Cawton talked with WJCT News Director Jessica Palombo about the top 3 business stories he’ll be watching in 2019. 

Business Brief: 3 Grocery Stores Coming Soon To Northeast Florida

Oct 26, 2018
GreenWise Market exterior
Jacksonville Daily Record

The Jacksonville area is soon getting another Whole Foods store out at the beaches. That’s as the company last week rolled out curb-side grocery pickup at its Mandarin location, in addition to the delivery service it recently started offering.

And Whole Foods isn’t the only grocery chain expanding in Jacksonville.

Business Brief: Village Of Tiny Houses Planned In Jacksonville's LaVilla

Oct 19, 2018
Via Jacksonville Daily Record

The Clara White Mission plans to build a village of tiny houses in LaVilla Downtown for homeless veterans and transform the historic Genovar’s Hall into a community center.

Via Jacksonville Daily Record

Krystal intends to demolish its restaurant and drive-thru at 5707 University Boulevard. W. and build a replacement that spokeswoman Laura Mansfield said will be among the first of its kind in the state.

Business Brief: Jacksonville Looks To Stem Internet Cafe Boom

Oct 4, 2018
Via Jacksonville Daily Record

Of the hundreds of internet cafes that have opened in strip malls across Jacksonville, only 90 have obtained a certificate of use, according to the city of Jacksonville.

Business Brief: Entertainment Boom A Sign Of A Healthy Jacksonville Economy

Sep 14, 2018
Cathey standing in front of "Smash" sign.
Karen Mathis / Jacksonville Daily Record

Northeast Florida is seeing a boom in new entertainment venues.

As Jacksonville Daily Record editor Karen Mathis tells WJCT’s Jessica Palombo, that’s a sign of a healthy economy.

Business Brief: 'Riverwalk Place' Would Bring Housing, Hotel, Restaurants To Bay Street

Aug 17, 2018
Jacksonville Daily Record

More housing, hotel rooms and restaurants could be coming to East Bay Street in Downtown Jacksonville.

Jessica Palombo / WJCT News

We’ve heard time and time again that Jacksonville’s downtown is really about to take off.

But as Jacksonville Daily Record Editor Karen Mathis says, this time, it’s not a drill.

Via The Jacksonville Daily Record

A handful of companies are seeking public incentives to relocate to Jacksonville.

Jacksonville Daily Record Editor Karen Mathis tells WJCT News Director Jessica Palombo about a couple of the biggest asks currently before the city and state.

That’s this week’s Business Brief.


Business Brief: Restaurant Openings; Winn-Dixie Tries To Reinvent Itself

Jun 22, 2018
Exterior of Sanford, Florida, Keke's Breakfast Cafe
Keke's Breakfast Cafe via Facebook

Many new restaurants are coming to the First Coast.

That’s as a troubled local grocery chain is trying to reinvent itself.

Jacksonville Daily Record Editor Karen Mathis joined WJCT News Director Jessica Palombo to talk about these food trends in this week’s Business Brief.

Northeast Florida Regional Airport via Facebook

Jacksonville travelers have seven new flights to choose from, after low-cost Frontier Airlines announced it’s adding direct flights to places like San Antonio and Las Vegas.

JEA power plant
JEA

JEA recently announced it will close a coal-fired power plant on Jacksonville’s Northside, which came online in the late 1980s. With the complex’s closure, about 200 people will lose their jobs.

The plant’s closure after nearly 30 years of service is not surprising in today’s energy climate. If you’ve been paying attention to the electric power generation business, coal fired power plants are closing all across the country.


John Burr

As diplomatic relations improve between Cuba and the U.S., more and more people are traveling to the island nation.  Among them is WJCT business analyst John Burr, who traveled there recently with a group from his church. 


John Burr

"Localnomics” is the idea that cities’ and businesses’ working together is the best way to solve long-simmering economic problems. The concept was discussed last week at a meeting of the Jacksonville World Affairs Council.


CSX train
Nate Beal / Wikimedia Commons

This week, the board of the Jacksonville-based CSX railroad will consider a company takeover.

CSX is the largest publicly owned company in town and North America’s third-largest railroad, valued at $43 billion. About 3,500 employees work for the company in Northeast Florida.


Financial News and Daily Record logo
Financial News and Daily Record

Jacksonville’s Financial News and Daily Record is under new ownership as of this month. It was the last Jacksonville newspaper owned by a local family.


golfer
Bfi Bussiness Furniture via Flickr

Jacksonville’s Hidden Hills Country Club is opening its golf course to the public after suffering declining membership. Arlington’s Hidden Hills is just the latest indication that golf as a business is in the rough.


coaches standing by field with TV camera
John Burr / WJCT News

The Jacksonville Jaguars on Thursday introduced new leadership after the firing of head coach Gus Bradley. The team is counting on former Coach Tom Coughlin to give it the shot in the arm that’s been missing since he left more than a decade ago.


San Marco lion fountain
Lindsey Kilbride / WJCT News

A long-planned mixed-use development called East San Marco is finally proceeding in the historic Jacksonville neighborhood after building permits were issued last week.

exterior of Murray Hill Theatre
Mike via Flickr

It’s a new year, and I'm predicting big things for Northeast Florida.

Among them: the first sighting of a boom economy in a decade, high consumer confidence, more home construction and gas prices’ staying relatively low.

WJCT News

Jacksonville’s Metropolitan Park could soon be developed into a shopping and residential area across from EverBank Field. The city is planning to solicit development proposals starting in January for the park and neighboring Shipyards property.


News4Jax

Online retail giant Amazon is planning to build two Jacksonville distribution centers — with the latest slated to go near the Cecil Commerce Center on the city’s Westside.

It’s the latest example of industrial development’s booming at the site of the former Navy base.


River Club dining room decorated for a wedding
Gate Hospitality

The University Club on Jacksonville’s Southbank is closing this month after nearly 50 years of offering its members full-service dining with a spectacular skyline view.


John Burr

One of the most successful businesses based in Jacksonville doesn’t do any business in Jacksonville —or even the U.S.

This is the story of APR Energy.

cat sitting at computer keyboard
Lis Ferla via Flickr

With the holiday shopping season already underway, internet hackers and scammers are expected to be busy, too.

Listen to this story on Redux

Klempf at egg plant
John Burr

Jacques Klempf has made a name for himself in the Jacksonville restaurant business. From Bistro Aix to Il Desco, his eateries are destinations where people go to celebrate. This week,  Klempf talked to WJCT about selling his family’s other business, the Dixie Egg Co.


GE

General Electric employs more than 400 full-time workers at its oil- and gas-drilling services plant on Jacksonville’s Westside.

General Electric shook up the financial world last week with its takeover of a Texas-based oil- and gas company called Baker Hughes, creating a combined company with annual revenue of $32 billion and 70,000 employees.

UNF logo
UNF

For 10 years running, the University of North Florida’s Coggin College of Business has been named one of the best business schools in the country by the Princeton Review.


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