THURSDAY September 9, 2021
The Mathis Report: Glasfloss wants to expand warehouse PAGE 3
jaxdailyrecord.com • 35 cents
Public
legal notices begin on page 1B
Daily Record JACKSONVILLE
REDEVELOPMENT
$26.67M incentivesRecord package Daily advances for Laura Street Trio JACKSONVILLE
File image
The former Stein Mart building on the Downtown Southbank at 1200 Riverplace Blvd.
Hanania now owner of old Stein Mart HQ
Daily Record Daily Record JACKSONVILLE
TRIO PLANS
A 145-room Marriott hotel with a full-service restaurant and bar, boutique grocery store and retail space are planned for the Laura Street Trio at 51 W. Forsyth St. Downtown.
JACKSONVILLE
BY MIKE MENDENHALL STAFF WRITER
T
he Jacksonville City Council is poised to add $2 million to a $24.67 million taxpayer incentives deal previously approved by the Downtown Investment Authority to renovate the historic Laura Street Trio. The Council Finance Committee voted 7-0 on Sept. 8 to amend pending legislation with a $2 million forgivable loan to help SouthEast Development Group LLC satisfy an outstanding financial
BY KAREN BRUNE MATHIS EDITOR
lien on the property. SouthEast Principal Steve Atkins has been working for nearly a decade to restore the Florida Life Insurance, Bisbee and Marble Bank buildings that comprise the Trio at northeast Laura and Forsyth streets. His $70.48 million proposal would adapt the vacant structures into a 145-room Marriott Autograph Hotel and a restaurant, lounge, ground-floor retail and a bodega grocery store.
Jacksonville-based Hanania Automotive Group owner and CEO Jack Hanania said Aug. 31 he completed the purchase of the former Stein Mart building on the Downtown Southbank for $20.6 million. “We’re ready to go to work,” Hanania said. Hanania said his team looks fo r wa rd to relocating and becoming a Hanania part of Downtown. He intends to move his corporate headquarters there in early 2022 and name it the Hanania Building. “I’m confident it’s good for the brand,” he said. Hanania said July 25 he had a contract on the 1200 Riverplace Blvd. property. Hanania grew up in Lakewood and lives in San Marco, both neighborhoods near the Southbank. “I have a lot of passion for our Downtown and our community,” he said in July. His ownership is the first time
SEE TRIO, PAGE 7
SEE HANANIA, PAGE 7
File rendering
City Council could take a final vote Sept. 14 on the deal that could end in the $70 million renovation of the historic Downtown property.
The automotive group leader paid $20.6 million for the building that will house its headquarters.
THE BASCH REPORT
Redwire stock surges as it begins trading on NYSE New FIS director resigns over conflict. PAGE 4 VOLUME 108, NO. 208 • TWO SECTIONS