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Jacksonville Business Journal
A popular job-posting strategy can backfire
Editor's Note: Welcome to The Playbook Edition, a look at stories, trends and changes that could affect your business and career. Want more stories like this in your inbox? Sign up for The Playbook newsletter. <\p> The hiring process sparks plenty of questions for employers and candidates alike. <\p>
Ponte Vedra Beach Restoration Project completed ahead of schedule
St. Johns County officials announced Wednesday that the $38.6 million Ponte Vedra Beach Restoration Project has been completed two months ahead of schedule.<\p> The project was originally anticipated to be completed by mid-August. Weeks Marine, the county’s chosen contractor, worked with two dredges for a limited time, expediting the overall project schedule so that it could be completed by the end of June. <\p>
St. Johns manufacturer makes big industrial site buy
St. Johns County manufacturing company Rulon International recently completed a deal to purchase the former Burkhardt Distributing site off State Road 16.<\p> According to county records, Rulon closed Wednesday on an agreement to acquire the 10-acre site at 3935 Inman Road for $10.467 million.<\p>
St. Augustine restaurant group receives awards from Wine Spectator
Three St. Augustine restaurants led by chef Michael Lugo have been recognized by Wine Spectator in its annual awards that name the best wine restaurants in the world.<\p> The restaurants are part of Viva Hospitality and include of Michael’s St. Augustine, La Nouvelle and Pesca Vilano.<\p>
New Westside distribution center open for leasing
A new distribution center is open for leasing as a build-to-suit on Jacksonville's westside, according to a news release.<\p> The facility is located at 514 Addor Lane between Interstate 10 and West Beaver Street. The site is fives miles away from rail terminals for CSX Transportation and Norfolk Southern Railway.<\p>
Dream Finders Homes buys Baymeadows office park
Dream Finders Homes recently acquired seven buildings at a Baymeadows office park for $22 million.<\p> Prominence Office Park, managed by JLL, consists of seven buildings. Dream Finders Homes, a Jacksonville-based, national homebuilder that’s publicly traded purchased the office park buildings for $22 million from a Boca Raton-based commercial real estate group called CP Group on June 28.<\p>
This Westside motel sold for almost $12 million
A Westside motel sold for $11.8 million last month.<\p> JDH Developers, a nationwide company that acquires and sells hotels, sold a 168-room motel it owned through The Lodge on Tara Blvd LLC to Batipart Immo US 4 Inc. based in Newark, Delaware, on June 6. The motel at 5929 Ramona Blvd. was known as the Diamond Inn Motel in West Jacksonville. <\p>
More parking comes to Jacksonville airport as travel increases
Just in time for Fourth of July weekend travel, passengers will have up to 800 more parking spaces to use at Jacksonville International Airport, according to a news release.<\p> The Jacksonville Aviation Authority opened its third economy lot Tuesday.<\p>
How the Amp stacks up against peers
Midway through 2024, the St. Augustine Amphitheatre is second most popular amphitheater in the country, based on gross ticket sales.<\p> The numbers from the Pollstar midyear report show the Amp with more than $5.5 million in ticket sales this year on more than 80,000 tickets sold.<\p>
$9.1 million hotel planned for North Jacksonville
An extended hotel chain has two locations in the works in Jacksonville.<\p> The city issued a $9.1 million permit Monday afternoon to Integrated Construction on behalf of the property owner Opterra Capital for an Extended Stay America hotel. Integrated Construction also submitted an $8.5 million permit on behalf of 904 Jax Hotel LLC for the same brand of hotel.<\p>
Fast casual restaurant receives permit to build in East Arlington
WH Bass Inc. received a permit on Monday to build a Chik-fil-A at 11909 Atlantic Blvd. in the Atlantic North shopping center. <\p> The permit follows an approximately $2.2 million site clearing (also from Bass) over about 46,000 square feet at the location. This includes new paving, drainage, utility work and site clearing of undeveloped land including five oak trees, according to permit records.<\p>
Apartment along Southbank Riverwalk sold for $54 million
Broadstone River House, an apartment complex on the Southbank, sold for $54 million, Trevato Development Group announced Monday.<\p> Block One Ventures LLC, a sister company of Trevato Development, purchased the 263-unit multifamily development at 1655 Prudential Drive and is rebranding it as River House. The complex was built in 2018 and is one of two multifamily communities on the Southbank Riverwalk.<\p>
Jacksonville-based OnDefend announces partnership with TikTok
Global social media behemoth TikTok announced last week OnDefend will further enhance its security offerings as the Jacksonville-based company will become an independent security inspector. <\p> This new collaboration builds on TikTok U.S. Data Security's ongoing partnership with Oracle. In May 2022, TikTok created a new organization called TikTok U.S. Data Security as part of its ongoing Project Texas Plan. <\p>
City Council allows limited outdoor drinking along Riverwalk
As of July 1, City Council gave the green light to drink outside along the Riverwalk with provisions.<\p> Downtown Vision Inc.’s open container Riverwalk Cup Program, in partnership with Jacksonville and the Downtown Investment Authority just cleared the bar for Fourth of July festivities, passing an ordinance that allows open consumption of alcoholic beverages on the Northbank and Southbank Riverwalks within the legally designated Riverwalk Open Container Area. <\p>
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