TUESDAY November 23, 2021
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Daily Record JACKSONVILLE
DIA board wants Daily Record
DEVELOPMENT JACKSONVILLE
incentives for Home2 Suites Daily Record
Photo by Dan Macdonald
The exterior of Sliders Oyster Bar is undergoing a makeover that will include adding garage doors and new outdoor seating.
JACKSONVILLE
Sliders Oyster Bar in Neptune Beach sold for $2.25 million
Daily Record JACKSONVILLE
Operators bought the restaurant and are adding a bar and moving outdoor seating. BY DAN MACDONALD STAFF WRITER
The operators of Sliders Oyster Bar, a landmark Neptune Beach restaurant, bought the property Nov. 1 for $2.25 million. 218 First Street LLC sold the property to KN Properties of Neptune Beach LLC, which is led by Chris Wooten. Wooten also owns Safe Harbor Seafood Restaurants in Mayport and Crescent Beach. 218 First Street LLC bought the property for $210,000 in 1997, according to Duval County Property Appraiser records. Wooten’s group had been leasing the site. The restaurant, at 218 First St., is closed for remodeling. An interior bar is being constructed along the east side of the building at a cost of $150,000. Some exterior seating will be moved from the north side of the building to the east-facing front. Most of the front wall will be removed and replaced with two garage doors, according to permits issued by the City of Neptune Beach. SEE SLIDERS, PAGE 2
HOME2 SUITES BY HILTON A proposed 100-room Home2 Suites by Hilton is planned at Rosselle and Park streets in Brooklyn. The six-story hotel would have a restaurant. The site is now used as a parking lot.
The panel denied a tax-break request but voted to find another way to give city money to the Brooklyn project. BY MIKE MENDENHALL STAFF WRITER
The Downtown Investment Authority board wants an incentives package for the proposed $17.31 million Home2 Suites by Hilton hotel in Brooklyn, despite the DIA staff’s position that the project is financially viable without city help. The DIA board declined a request Nov. 17 by Kelco Management and Development Inc. and Corner Lot Development Group for a property tax refund on their proposed six-story, 100-room hotel and restaurant at 600 Park St. The companies are developing the hotel under Kelco Brooklyn LLC. DIA CEO Lori Boyer and Director of Downtown Real Estate Development Steve Kelley recommended the board deny the Recapture Enhanced Value grant, which is a refund on property taxes, because they said the project did not qualify.
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The board voted 5-1 to direct DIA staff to return with a deal that would give the developer financial assistance to equal a REV grant. After the meeting, Boyer said that would be a $2,385,219 cash grant. She said the incentive likely would be paid to the developer over several years
after the hotel is completed. The staff report, prepared by Kelley, says the developer did not provide proof of a financial gap requiring an incentive. The report said the Home2 Suites would negatively impact the occupancy SEE HOME2 SUITES, PAGE 2
Crunch Fitness building-out in Harbour Village The city issued a permit Nov. 15 for Crunch Fitness to build-out in the former Stein Mart store at 13475 Atlantic Blvd. in Harbour Village. Russco General Contractors of Fall River, Massachusetts, is the contractor for the $1.685 million project for interior demolition and renovations to the almost 32,000-square-foot space. Bankrupt Stein Mart Inc. closed its stores in October 2020. New York City-based Crunch sells franchises. It says it has more than 1.6 million members with more than 360 gyms worldwide.
VOLUME 109, NO. 7 • ONE SECTION