Jacksonville Daily Record 11/16/23

Page 1

NOVEMBER 16 TO NOVEMBER 22, 2023 | JAXDAILYRECORD.COM

BUSINESS & LEGAL NEWS IN BAKER, CLAY, DUVAL, NASSAU AND ST. JOHNS COUNTIES

TOWN CENTER UPDATE: A HOTEL, RETAIL & MORE

INSIDE

THE MATHIS REPORT

Jacksonville Save A Lot stores sold: What’s ahead PAGE 4

Photos by Monty Zickuhr

St. Johns Town Center, shown here Nov. 12, is preparing for holiday shopping and beyond. There are multiple projects underway in the retail center including AC Hotels by Marriott and retailers Abercrombie & Fitch and Luluemon.

With the holiday shopping season in full swing, here’s a look at some of what’s new and in the pipeline in the Town Center area, the retail heart of Jacksonville.

DEVELOPMENT

Completing parks is the next step for RiversEdge PAGE 12

TOWN CENTER UPDATE, PAGES 8-11

Shake Shack

Lovesac

Shake Shack, which calls itself a “modern day ‘roadside’ burger stand,” intends to open next year in the space that M Shack has occupied for a decade at St. Johns Town Center. M Shack remains open at 10281 Midtown Parkway, No. 101. Its lease expires March 1, 2024.

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Construction walls are up for Lovesac in the Nordstrom Alley. The beanbag and sofa maker is moving across the alley from its space at 4828 River City Drive, No. 101. A Lovesac employee said it is to make space for the adjoining Louis Vuitton store, which would expand.

REAL ESTATE

Home prices set unaffordable mark Homes have never been so expensive in Northeast Florida, according to the Northeast Florida Association of Realtors. PAGE 3 LAW & THE COURTS

THE BASCH REPORT

Cadre Holdings CEO says wars not boosting its bottom line Cadre Holdings Inc., which owns companies that sell tactical gear, says the “ongoing conflicts in Ukraine and the Middle East have not impacted our businesses in any material way.” PAGE 6

Freed to Run Challenge More than 100 lawyers, judges, bankers and other community leaders will take part in the fundraiser for Jacksonville Area Legal Aid. PAGE 16

VOLUME 111, NO. 1 | TWO SECTIONS | PUBLISHED SINCE 1912


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