MONDAY December 16, 2019
Public legal notices begin on page 3
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Daily Record JACKSONVILLE
THE MATHIS REPORT
Daily Record JACKSONVILLE
Apartments, rooftop bar, retail planned for Doro site
Special to the Daily Record
An artist’s rendering of the new JEA headquarters Downtown at 325 W. Adams St. near the Duval County Courthouse.
Daily Record Daily Record JACKSONVILLE
JEA HQ wins final design approval
BY MIKE MENDENHALL STAFF WRITER
JACKSONVILLE
Photo by Monty Zickuhr
A Georgia developer plans to tear down the Doro Fixture Co. complex at 102 A. Philip Randolph Blvd. for apartments with retail space, a rooftop bar, pool and parking garage. Property records show the seven structures were built from 1914 to 1954.
KAREN BRUNE MATHIS EDITOR
Rise Development plans to demolish the Doro buildings for a five-story, 247-unit apartment community. A Valdosta, Georgia-based developer intends to buy and demolish the George Doro Fixture Co. property next to Intuition Ale Works in the Sports Complex for redevelopment as apartments, retail space and a rooftop bar.
Iconic Real Estate Investments President Paul Grainger signed a purchaseand-sale agreement in June to sell the 1.77-acre site at 102 A. Philip Randolph Blvd. to Rise Properties LLC, part of Rise Development. The block is bounded by Adams, Lafayette and Forsyth streets and A. Philip Randolph Boulevard. Matthew Marshall, vice president of development at RISE: A Real Estate Company, said Dec. 13 the development would comprise: n A five-story, 247-unit apartment project with retail space over a podium level that includes a parking garage. n The first floor will include 5,000 square feet of retail space on the first floor and the rooftop will include a 3,300-square-foot indoor-outdoor bar and lounge as well as a pool and recreation area. n Amenity space will include a fitness center, lounge areas, a center courtyard and what Rise calls “a unique indoor/ outdoor space” along A. Philip Randolph Boulevard for residents to gather for
game-day and entertainment events. He did not have a rendering to provide. Marshall anticipates that Rise will buy the property in May or June and start demolition and construction. He said Rise will seek approvals from the Downtown Development Review Board and also request financial incentives through the Downtown Investment Authority. “We’re hopeful to be a positive force for the City of Jacksonville in redeveloping the downtown area,” Marshall said by email. “Jacksonville is a large part of our business development interest and we foresee our involvement locally to continue in perpetuity,” he said. Iconic Real Estate Investments President Farley Grainger referred questions to Marshall. The Doro property is near VyStar Veterans Memorial Arena, TIAA Bank Field, Daily’s Place and the Baseball SEE MATHIS, PAGE 2
The Downtown Development Review Board gave final design approval Dec. 12 for JEA’s proposed $72.2 million, 200,000-squarefoot headquarters at 325 W. Adams St. and an adjacent 850-space parking garage. The vote was 4-0. Board member Bill Schilling, vice president at Kimley-Horn and Associates Inc., recused himself because his company is a contracted architectural firm on the project. As a condition of the approval, the DDRB did request changes to the look of one corner of the building and to landscaping planters used as security barriers. “These planters look like you’ve turned it into a fortress, and that’s not what you want,” DDRB member Craig Davisson said. The office tower and parking garage, developed by Ryan Companies US Inc., will sit near the Duval County Courthouse. JEA will lease the building from Ryan after it’s complete. The most substantial change to the building design after the conceptual review was the addition of a one-story office space of about 2,700 square feet between the parking garage and the main tower. It replaces an outdoor employee courtyard. The building will have a rooftop terrace to replace the courtyard.
MMENDENHALL@ JAXDAILYRECORD.COM (904) 356-2466
The Plaza Apartments in Arlington sold New York City-based investor Apple Core Holdings LLC, through affiliate Core Topaz Plaza LLC, bought The Plaza Apartments in Arlington for $19.55 million, or $69,573 per unit. The 281-unit apartment community was built in the mid-1970s and renovated in 2006. It sits on 14.58 acres at 3780 University Club Blvd., across from Fort Caroline Elementary School. The seller was Plaza 281 LLC, an affiliate of California-based Creative Realty Partners Holdings LLC, who acquired the property in 2017 for $14.4 million. According to CoStar Power Broker information, the property is about 93% occupied.
VOLUME 107, NO. 21 • ONE SECTION