Daily Record Financial News &
Tuesday, July 5, 2016
Vol. 103, No. 162 • One Section
35¢ www.jaxdailyrecord.com
Summit Tower is adding executive office suites to Riverside. Padgett Premiere Properties LLC, which owns the nine-story tower at 1000 Riverside Ave., is building out about 5,000 square feet on the third floor, facing the St. Johns River. Property Manager Scott Nyman said the space will offer 15 suites as well as a conference room, coffee and break lounge, and a copy/resource room. Two of the offices will be large enough to accommodate two people. All offices will be fully furnished and include internet and phone service, as well as an option for a receptionist to answer phones. The city is reviewing a building-permit application for a $300,000 build-out by Summit Contracting Group. Nyman expects project completion in about 10 weeks. He said pre-leasing has begun and a few tenants are interested. Marc Padgett is president and Nicole Padgett is vice president and chief administrative officer of Summit Contracting Group. They also are managers of Padgett Premiere Properties. They bought the building in October 2014 and moved their corporate headquarters there in June 2015. They have been renovating the building.
Daily’s building at Gate Parkway and Point Meadows
First Coast Energy LLP filed plans to build a Daily’s gas station and convenience store at Gate Parkway and Point Meadows Drive, near the Ikea site. Plans show a 5,000-square-foot Daily’s, fuel pumps and a car wash. Mathis
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Photo by David Chapman
Summit adding executive suites
Market man
John Silveira needed his rain jacket Saturday, his first event as Riverside Arts Market’s senior manager. He spent a post-U.S. Navy career in the West Coast market business but recently was hired to run the weekend mainstay under the Fuller Warren Bridge.
Silveira brings vast experience to Riverside Arts Market
By David Chapman Staff Writer John Silveira arrived at the Riverside Arts Market about 7 a.m. Saturday when the space under the Fuller Warren Bridge was still fairly empty. The popular public market didn’t start for several hours, but Silveira likes to arrive early. It allows him plenty of time to prepare, along with a few moments just to sit back and imagine. “You can kind of close your eyes and dream, ‘This is what it’s going to look like,’” said Silveira, the market’s senior manager hired last week. Over the next couple of hours, vendors started arriving for the 10 a.m. open time.
Staff mostly greeted them — Silveira in his first market didn’t have as much of a chance to do so. He was busy sweeping. He’s a pretty hands-on kind of guy when it comes to details. By about noon, though, it didn’t matter. The skies opened up and the typical Jacksonville summer afternoon downpour was in full effect — all 15 minutes of it. Silveira is familiar with rain dampening market days. As a longtime farmers’ market director in California, rain was often the death knell for events there. Here, however, it was just a blip. “We kind of have this roof here,” said Silveira, looking up to the overpass as the sounds of cars whir along. “That’s pretty nice.”
The vast riverfront public space, popularity of the market and opportunity for growth are factors that have Silveira calling the Riverside Arts Market a “dream job.” And he knows a thing or two about such markets. After a Navy career on the West Coast, Silveira wanted to do something just as meaningful but in a different way. He took a job with a citrus farmer, heading the logistics and marketing department that moved goods from farm to warehouse to a half-dozen certified farmers’ markets in the San Francisco Bay area. The early 1990s saw such markets as economic development tools, creating Market continued on Page A-2
Father buys back business for family venture Kennelly had sold company he founded, but still ran it
Special to the Daily Record
Chris Kennelly took his daughter, Lucy, with him to scout for a shoot for Kennetic Productions. He looked at this picture for inspiration when negotiations were going on to buy back the company he founded in 2003, but sold in 2012.
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A little girl can inspire her daddy to do a lot of things. Especially when she’s as cute as Lucy Kennelly. A picture of almost 5-yearold Lucy and her father, Chris, helped get him through tough negotiations to buy back the production company he started in 2003. The photograph is of the smiling daughter-daddy duo wearing Kennetic Productions film crew badges while scouting a site for a shoot. It reminded Kennelly the company is something the family of five could do together for years.
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By Marilyn Young Editor
Hey sweetie, we’ve got a really good thing going right now. I want to screw it all up and take a big risk and try to make it all better. Chris Kennelly, on how he told his wife he wanted to buy back Kennetic Productions
It also led him to give this simple advice to himself during negotiations: “Hey Chris, make it happen. Don’t screw this up. Don’t walk out over $5,000 or if your feelings are hurt.” Lucy’s inspiration worked. Kennelly signed the deal Thursday afternoon to become Kennetic’s owner — again.
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Kennelly started the company in the spare bedroom of his parents’ Palm Coast home when he was 22, then ran it out of his Jacksonville apartment for a while. During the early years, when there wasn’t enough business to keep him working full time, he got certified online as a bartender Kennetic continued on Page A-4
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