WEDNESDAY June 16, 2021
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Daily Record JACKSONVILLE
HEALTH CARE
3 Walgreens Village Medical Daily Record clinics coming to Jacksonville JACKSONVILLE
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A developer wants to transform the Ambassador Hotel at 420 N. Julia St. into a TRYP by Wyndham.
Daily Record Daily Record JACKSONVILLE
Ambassador Hotel developer seeks time to secure financing
JACKSONVILLE
The DIA is scheduled June 16 to consider an extension to AXIS Hotels LLC’s closing deadline. BY MIKE MENDENHALL STAFF WRITER
invest $1 billion into Village Medical parent company VillageMD over the next three years. VillageMD will invest 80% of that into opening clinics inside Walgreens stores. Village Medical locations “integrate pharmacists as critical members of VillageMD’s physician-led, multidisciplinary team to provide patients with a full suite of primary care and pharmacy services at convenient Walgreens neighborhood locations,” a December news release said in announcing the pharmacy’s plans to expand the clinic’s footprint. Walgreens said in July the clinics were ideal for patients with chronic conditions
A developer with plans to restore the historic Ambassador Hotel in Downtown Jacksonville wants city officials to give it until the end of June to close on financing for the estimated $17.6 million project. The Downtown Investment Authority board will consider a request at its June 16 meeting from AXIS Hotels LLC to fix its default on a city-backed redevelopment agreement by securing the project financing by June 30 and starting construction by July 31. Under AXIS Hotel’s plans, the Ambassador would become a 127room TRYP by Wyndham. The property is at 420 N. Julia St. The company received all performance scheduled extensions allowed in the city agreement, according to the DIA resolution released June 9. AXIS Hotels is finalizing terms for a $9 million mortgage at 10% interest for the project with Direct Lending Partners of Bethlehem, Pennsylvania, according to a Jan. 22 letter from the lender to the developer.
SEE WALGREENS, PAGE 2
SEE HOTEL, PAGE 2
Special to the Daily Record
Walgreens is investing $1 billion in VillageMD, the parent company of Village Medical. The companies plan to open 500 to 700 “Village Medical at Walgreens” physician-led primary care clinics in more than 30 U.S. markets in the next five years.
The stores in Arlington and in Northwest and West Jacksonville will be the first in the city to have a clinic. BY KATIE GARWOOD STAFF WRITER
Walgreens plans to invest $1.875 million to add full-service primary care clinics to three Jacksonville pharmacies as part of an effort to open 500 to 700 Village Medical centers in the next five years. The city is reviewing building permit applications for Village Medical clinics at 5430 Soutel Drive in Northwest Jackson-
ville, 7546 103rd St. in West Jacksonville and 7224 Merrill Road in Arlington at an estimated cost of $625,000 each. The Soutel Drive location is almost 2,400 square feet, the 103rd Street clinic is 3,000 square feet and the Merrill Road center is almost 3,300 square feet. Plans show that the Walgreens stores will be remodeled to accommodate a vestibule, patient waiting area, eight exam rooms and support space. It will continue using the remaining existing pharmacy and retail space. Walgreens spokesperson Jessica Masuga said June 10 that renovations in the Jacksonville stores will be completed in 2022. In July, Walgreens announced it would
Circle K buys JEA site in Regency Circle K Stores Inc. paid JEA $3.15 million for property at northwest Atlantic and Southside boulevards to build a gas station and convenience store. Circle K bought the site May 28. The property, at 9201 Atlantic Blvd. in the Regency area, was long used by Coggin Pontiac. JEA used the property to stage equipment for area utility work. Circle K proposes a $2.1 million convenience store and gas station at the site. That is the basic construction and not the total development estimate. The city is reviewing permit applications for the 5,200-square-foot store and a trash enclosure.
VOLUME 108, NO. 149 • ONE SECTION