Daily Record Financial News &
Thursday, August 6, 2015
Vol. 102, No. 189 • One Section
35¢ www.jaxdailyrecord.com
Plans call for 300 riverfront apartments Crawdaddy’s site could become Broadstone River House
Playing a game of catch
Photo by Bobby King
By Karen Brune Mathis Managing Editor
Jacksonville Jaguars wide receiver Allen Hurns gets ready for a bullet thrown by quarterback Blake Bortles during practice Wednesday. Practice continues this week leading to the annual team scrimmage Saturday at EverBank Field.
Committees may study Hemming, UF Health and vehicles for hire
By Max Marbut Staff Writer
After just five weeks in office, City Council President Greg Anderson hasn’t established any issue-specific committees that will convene during his year as chief executive — but he’s got some ideas. Hemming Park could be at the top of the list. A previous council committee studied the park for more than two years. Its work led to the city’s $1 million, 18-month management agreement with the nonprofit Friends of Hemming Park.
Public
“I think it’s a good idea,” Anderson said, considering council has been called on twice in the past six months to clarify misunderstandings about the language of the contract. “The issues are simple,” he said. “There’s an agreement in place, but for whatever reason there was confusion about terms defined in the agreement.” The Friends making the case this week at two committee meetings for future city financing of their effort in the park also could justify a special committee. Anderson said it’s important Anderson continued on Page A-4
legal notices begin on page
A-9
Anderson
By early 2018, the former Crawdaddy’s Restaurant site on the Downtown Southbank could be transformed into a 300-unit luxury apartment community called the Broadstone River House. John Zeledon, North Florida managing director for Phoenixbased Alliance Residential Co., said Tuesday the waterfront property is under contract with the site’s Miami-based ownership, which is reorganizing under Chapter 11 bankruptcy laws. “We love the Southbank and I am really encouraged by the attention and the investment the city has put into the Riverwalk itself,” Zeledon said. The 3-acre site sits along the recently redeveloped Southbank Riverwalk between the Lexington Hotel & Conference Center Jacksonville Riverwalk and the Duval County School Board headquarters. Alliance Residential representatives have met with Downtown Investment Authority staff about the project. However, Tim Graff, vice president of development, said the group isn’t necessarily seeking taxpayer incentives. Alliance Residential is asking DIA to help
expedite entitlements to start the project sooner rather than later. Alliance Residential would like to start development early next year and complete the project within two years. While there are no renderings yet, the project is envisioned as a five- to six-story structure of 250 to 300 studio, one-, two- and three-bedroom apartments. A parking structure is planned. Zeledon said Broadstone River House would be similar in concept to Alliance Residential’s recently opened Broadstone Hyde Park in Tampa, an “urban-modern community” of 259 apartments with nine-foot ceilings, gourmet kitchens and wood flooring. The community areas outside include a pool, courtyard, fire pit and game areas. Inside amenities include a social clubroom and billiards lounge, and a health club that features a yoga studio, a spin studio and top-grade fitness equipment. Zeledon said Broadstone River House’s rental structure would be in line with those at 220 Riverside, a new apartment community on the Northbank in the Brooklyn area. Monthly rental rates there range from $1,100 for a studio up to $2,000 for the largest two-bedSouthbank continued on Page A-2
Wendland will lead economic efforts
By David Chapman Staff Writer
Kirk Wendland has been around economic development for most of his career. An eight-year stint with the former Jacksonville Economic Development Commission, including several years leading the group. Three years as president of the St. Johns County Chamber of Commerce. Most recently, the business development director for Stellar, the locally based design, engineering and mechanical service firm. Wendland calls economic development a “passion” that benefits the community in which he lives. He’s approaching 30 years of experience in the Jacksonville market. So, when Mayor Lenny Curry asked him to head the city’s Office of Economic Development, it was returning to familiar territory. Curry’s office announced Wednesday that Wendland was named as the city’s chief econom-
Published
for
26,711
ic development officer, succeeding Ted Carter. Curry cited experience both in St. Johns County and the JEDC that will “serve our city well as we work to bring more opportunity” to the city. “I think Jacksonville has tremendous potential,” said Wendland. “I’ve said that for a long time … I’m convinced Jacksonville can compete with any city or country in the world.” When he resigned in 2004 to head to the private sector, he had over- Wendland seen the creation of new economic development polices during a time of transition. Times have changed, though, since his last run at City Hall. That was the late 1990s and early 2000s, a time when the economy was booming. He realizes that change in dynamics, but said he’s Wendland continued on Page A-4
consecutive weekdays