Monthly Archives: January 2014
JAXPort’s recently released strategic plan includes two primary goals: deepening the harbor’s shipping channel to allow to 47′ to allow for post-Panamax ships and diversifying its business. Those diversifying efforts include: 1) a railyard to allow containers to be transferred directly from ships to trains instead of a trucking in-between; 2) being a leader in liquified natural gas distribution and delivery; 3) more trade opportunities with Caribbean and Latin American companies; and, 4) finalizing a plan for its waterfront land in Mayport. Nate Monroe of The Florida Times-Union has the story.
SJTC announced three new tenants at the upscale lifestyle center, Madewell, a women’s clothing unit of J. Crew; Tervis, the cup/tumbler/drinkware maker; and, Zoes Kitchen. Roger Bull has the announcement in The Florida Times-Union.
Two new apartment communities are coming to the JAX, with 290 units at Abess Road just north of Atlantic and east of Kernan Blvd. from Davis Devlopment – after paying about $12k/u; and, Rohdie Group of New York that plans a 308-unit development at Flagler Center in South JAX. Each are menioned in the Home section of Saturday’s issue of The Florida Times-Union.
The Northeast Florida Association of Realtors released their 2013 annual report for 2013; the median price was up 15% to $153,400 and sales volume increased by 4,000 more homes, up 21.7%. Strongest areas of sales were mostly in the outlying areas of the metro region – Baker County (up 53%), Nassau County (+46%), west Putnam County (+44%), Green Cove Springs (+39%) and Jax Beach (+37%). Best selling homes were smaller sized ones. Roger Bull of The Florida Times-Union has the story.
Slate Properties bought the Publix-anchored center from Equity One at about $93/SF, according to Karen Brune Mathis of The JaxDailyRecord.