TUESDAY November 10, 2020
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Daily Record JACKSONVILLE
REDEVELOPMENT
Malnove is seeking city grant to expand
Plan toDaily transform Central National Record Bank Building is headed to DDRB JACKSONVILLE
Daily Record Daily Record JACKSONVILLE BLOCK RESHAPED
Parking garage
Apartments
The North Jacksonville manufacturer plans to invest $7.4 million and create 10 full-time jobs.
Augustine Development Group plans to renovate the Central National Bank Building at 404 N. Julia St. and build an adjacent eight-story, 139-unit apartment building and parking garage with 487 spaces.
JACKSONVILLE Ambassador Hotel
Central National Bank Building
Augustine Development Group also is seeking Council approval for a $3 million grant to renovate the Independent Life tower. BY MIKE MENDENHALL STAFF WRITER
Augustine Development Group will ask the Downtown Development Review Board for conceptual design approval for a mixed-use restoration of the historic Central National Bank Building Downtown. The St. Augustine-based developer plans to renovate the 1950s-era building at 404 N. Julia St. and add an eight-story apartment building. DDRB staff recommended approv-
Special to the Daily Record
al for the Central National Bank project, scheduled at the board’s Nov. 12 meeting. It will be Augustine Development’s third proposed project in the two-block area. Augustine Development, led by President Bryan Greiner and CEO George Bochis, already is working toward renovating the historic Ambassador Hotel at 420 N. Julia St. and the 19-story Independent Life Building at 233 W. Duval St. The developer intends to convert the historic bank building into the main lobby of a 139-unit mixed-use SEE DDRB, PAGE 2
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The Central National Bank Building at 404 N. Julia St. would serve as the lobby for an adjacent apartment tower.
BY MIKE MENDENHALL STAFF WRITER
Packing materials manufacturer Malnove Holding Co. Inc. is asking the city for a $160,000 property tax incentive for a possible expansion in Jacksonville. The Mayor’s Budget Review Committee voted 7-0 Nov. 9 to approve the city Office of Economic Development request to file legislation with City Council for a five-year, 50% Recapture Enhanced Value Grant for Malnove. A memo from Kirk Wendland, city economic development director, shows the manufac- Wendland turer is considering a $7.4 million investment in machinery, equipment, furniture and fixtures and plans to create 10 full-time jobs. Omaha, Nebraska-based Malnove expanded to the city in 1981 and has 182 employees in Jacksonville. Thecompanyboughtasitein1998 at Imeson International Industrial Park in North Jacksonville and built a 235,000-square-foot manufacturing facility, according to the memo to city Chief Administrative Officer Brian Hughes. Malnove also leases 100,500 square feet of additional warehouse space. Wendland said the proposed incentive is a material factor in Malnove’s decision to expand in Jacksonville rather than at its manufacturing sites in Omaha or SEE MALNOVE, PAGE 2
Permit issued for Axionlog warehouse foundation Axionlog, the Argentina-based global restaurant supplier, is starting to build its proposed $15 million North Jacksonville warehouse. The city issued a permit Nov. 4 for V. Paulius & Associates to build the foundation at a cost of $55,000 on 8.76 aces at 11370 New Berlin Road. Plans show the Axionlog warehouse will start with 37,763 square feet of freezer and dry storage space and that it is designed for expansion to almost 105,000 square feet. JaxPort said in February that Axionlog intends to open the warehouse by early 2021 and and create 60 jobs within five years.
VOLUME 107, NO. 252 • ONE SECTION