March 5-11, 2020 PAGE 12 Jaxdailyrecord.Com
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Basch Report: Stein Mart board FREE feared for company’s future March 5-11, 2020 PAGE 12 jaxdailyrecord.com JACKSONVILLE Record & Observer LOTJACKS ONVILLEJ AND BEYOND CordishRe executiveco updatesrd plans for development& Observ near TIAA Bank Field and the Shipyards.er THE PLAN JACKSONVILLE Zed Smith, chief operating officer of The Cordish Companies, showed this map of the Lot J, Jacksonville Shipyards and Metropolitan Park Record & Observareas to the Meninaker Club of Jacksonville during a March 2 speech. Cordish is working with the Jaguars to develop the property. JACKSONVILLE Record & Observer Photo by Mike Mendenhall The Cordish BY MIKE MENDENHALL the first two phases of development of and Jaguars’ subsidiary Gecko Invest- Companies STAFF WRITER Lot J near TIAA Bank Stadium, the Ship- ments LLC are equal partners in the Lot Chief Operating yards and a previously unannounced J-Shipyards project, operating as Jack- Officer Zed acksonville Jaguars owner Shad residential expansion north of Lot J in sonville I-C Parcel One Holding Com- Smith spoke Khan’s proposed $2.5 billion a presentation March 2 to the Meninak pany LLC, according to the Lot J devel- March 2 to the Lot J and Jacksonville Shipyards Club of Jacksonville. opment term sheet released by the city Meninak Club development is a starting point “The thing that appealed to us about July 31. of Jacksonville. for two decades of development Jacksonville is we have the land to develop The $450 million to $500 million Phase in Downtown’s Sports and Enter- into the future. We could be building here I of Lot J comprises the Live! Arena enter- Photo by tainment District, said The Cordish Com- for the next 20 years,” Smith said of The tainment venue, a 200-unit boutique Karen Brune Mathis J panies Chief Operating Officer Zed Smith. Cordish Companies and Khan’s subsidiary. Smith showed updated renderings of Baltimore, Maryland-based Cordish SEE LOT J, PAGE 8 CMC Steel wins city incentives BUSINESS STRATEGY without adding jobs PAGE 3 Haskell’s Dysruptek Mathis Report: Argentina-based seeking innovation firm building warehouse PAGE 4 Design-build firm looks ahead. PAGE 5 Marbut Report: Judge ‘not retiring from the community’ PAGE 13 VOLUME 2, NO. 40 • ONE SECTION 2 JACKSONVILLE DAILY RECORD / J ACKSONVILLE RECORD & OBSERVER | THURSDAY, MARCH 5, 2020 JaxDailyRecord.com Big news doesn’t break just on Thursday. Here’s a look at some of the top stories published over the past week online at JaxDailyRecord.com and in the Jacksonville Daily Record that you may have missed. JACKSONVILLE Daily Record HOW TO REACHJACK USSONVILLE 10 N. Newnan St., Jacksonville, FL, 32202 DailPhone: (904)y 356-2466, Re Fax (904)co 353-2628rd jaxdailyrecord.com WHAT’S TRENDING WHAT’S ABOUT USJACKSONVILLE Special to the Daily Record Jacksonville Daily Record and Jacksonville Record & Observer are a division of An artist’s rendering of the redeveloped College Park shopping center in Arlington. ObserverDail Media Group Inc. y Record Established in 1912, the Financial News & Daily Record, now the Jacksonville Daily REDEVELOPMENT Record, is published Monday-Friday and is the Official Court Newspaper of the Circuit JACKSONVILLE Plans to renovate old Town & Country Court and publisher of public notices in Duval County. Jacksonville Record & Observer is a free weekly business newspaper available in JWB Real Estate Capital plans a $3 said in a news release. DowntownDail Jacksonville and keyy business Re nodes throughoutco Jacksonville.rd To find a million renovation of College Park, Sifakis did not identify the grocer or location near you, visit jaxdailyrecord.com/rack-locations. the renamed Town & Country Shop- the other tenants he wants to sign. ping Center at northeast Arlington “We are trying to do what’s in the Editorial content focuses on news and trends, with a concentration on development, Expressway and University Boulevard best interest of the Arlington neighbor- real estate, construction, law, companies, economic and industry trends and how local in Arlington. hood in the long-term, not simply fill and state government affects business. “JWB hopes to secure a grocery store spaces for profit’s sake,” he said. tenant to anchor the plaza and has Sifakis estimates JWB will spend STAFF been in conversation with prospective $3 million to renovate the center and grocers to customize the space to suit invest up to $7 million to develop a Publisher / Matt Walsh Director of Advertising / Jay Lesowitz their needs,” JWB President Alex Sifakis 2.2-acre mixed-use outparcel. [email protected] [email protected] Publisher Emeritus / James F. Bailey Jr. Advertising Coordinator / Codi Gildberg [email protected] [email protected] EDUCATION Editor / Karen Brune Mathis Legal Advertising Manager / Janet Mohr [email protected] [email protected] ‘Cloud’ lifted over Florida Coastal School of Law Managing Editor / Monty Zickuhr Legal Advertising Associate / Rhonda Fisher [email protected] [email protected] The American Bar Association the classroom. To not have that cloud Associate Editor Legal Affairs / Max Marbut found Florida Coastal School of Law in over us is very helpful,” Goplerud said. Network Administrator / Erik Wagner [email protected] [email protected] compliance with standards that ensure The scrutiny by the ABA began in / Katie Garwood Staff Writer Court Typeset / Paula Steiner law schools are financially sound, a February 2017 when only 25% of Flor- [email protected] requirement for accreditation. ida Coastal graduates passed the Bar [email protected] Staff Writer / Mike Mendenhall Florida Coastal School of Law Presi- exam. The ABA declared in May that [email protected] Director of Circulation / Anne Shumate dent and Dean Peter Goplerud said Florida Coastal School of Law would [email protected] Staff Writer / Scott Sailer the school now is able to again focus remain an approved law school, but [email protected] Distribution / Tim Reagan on recruiting students. then questioned the school’s financial [email protected] Business Manager / Angie Campbell “We feel we’re doing great work in stability. [email protected] RESTAURANTS PRESS RELEASE/INQUIRY/REPRINTS Medures to open restaurant at Mayo Clinic Submit a press release or editorial inquiry online jaxdailyrecord.com/submit-news-release or email [email protected]. Jacksonville chefs Matthew and vice bar and a coffee shop grab-and-go Article reprints are available at jaxdailyrecord.com David Medure are taking their culinary area that will replace the cafe in the skills to Mayo Clinic. Cannaday Building. Medure Brothers Culinary Concepts Mayo said it and the Medures have HOW TO SUBSCRIBE will open a 200-seat, 7,000-square- not decided on a name, type of cuisine Subscribe online at jaxdailyrecord.com/subscribe or contact our subscription foot upscale-casual restaurant and or hours of operation. department by phone at (877) 231-8834 or email [email protected] bar at the medical center’s Southside Mayo said construction will start this campus. summer and the restaurant should PRICES The restaurant will include a full-ser- open in spring 2021. 2 years ................................... $154 Thursday only ..........$66 per year 1 year ........................................$89 Single copy ......................35 cents 6 months .................................$55 THE DAILY BRIEF There’s a shortcut to staying in the loop HOW TO ADVERTISE Display & Digital Advertising: Call Jay Lesowitz at (904) 356-2466 or email Don’t miss a story. 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Florida, Jan. 4, 1947. u JGMS is a Non Profit Organization. o a 331063-1 h l G l S AFFILIATIONS em & Minera Florida Press Association JaxDailyRecord.com JACKSONVILLE DAILY RECORD / JACKSONVILLE RECORD & OBSERVER | THURSDAY, MARCH 5, 2020 3 CMC Steel wins grant without creating jobs We felt like it was prudent in Previously, a commercial THE MENDENHALL REPORT this case to go ahead with the property improvement greater REV grant. We did reduce it than or equal to 50% of its from 10 to five years.” assessed value would be sub- Wendland said the average ject to compliance regulations.