The Barnett National Bank building has a new owner who expects to begin work on the building by summer. As the Times-Union explained a couple of weeks ago, The Molasky Group of Companies from Las Vegas had a contract to buy the building from Shad Khan’s Stache Investments.
Molasky joined SouthEast Group, owner of the Laura Street Trio, in 2015 to work on the project.
The Barnett sale closed recently, with Molasky paying Stache $4 million for the 18-story building. That came not long after the Downtown Investment Authority approved two $4 million grants, one for the Barnett and one for the Trio, which would be paid once the projects are completed.
Bradley Sher, Molasky’s president of government projects, said there’s still some architectural engineering to be done and City Council must also approve the incentives. If that goes through, construction should begin this sumer.
“We’ve been patient,” Sher said. “We didn’t know we’d have to hang in there this long. But the pension reform vote needed to happen; it was more important than any project downtown. We believe in the project, and the city has been very easy to work with.”
The plans for the building include 50,000 square feet of commercial office space and 100 apartments.
Marshalls is closing one store in Orange Park, but opening another. The store in Ridgecrest Plaza, 868 Blanding Blvd., will close on Sunday. The new store will open less than a mile north on Blanding in Bolton Plaza, the shopping center anchored by Academy Sports + Outdoors. Grand opening for that store will be Thursday, March 2.
The discount department store has six stores in Northeast Florida.
Ollie’s Bargain Outlet will open later this year in the Ridgecrest space that Marshalls is vacating.
Meanwhile, the site plan for Bolton Plaza shows Aldi coming there. But there’s been no confirmation from the grocery chain or the leasing agent. Those big chains don’t want to admit new store locations until they’re good and ready.
Community First Credit Union will move its Fleming Island branch to a new building that it expects to begin work on soon. The new one will be on land the credit union owns at 2004 East West Parkway and will replace its current one at 1545 County Road 220.
Construction on the branch is expected to start this spring, with opening later this year. It’s next to Island Walk North shopping center, where Fresh Market is expected to open in May.
Compact Power just opened its first-ever stand-alone rental center at 4729 Philips Highway, between University Boulevard and Emerson Street. The company’s equipment, which includes items such as tractor loader backhoes and stump grinders, has been available for rent at 1,100 Home Depot stores across the country.
But now it’s starting to open its own centers. The first opened Saturday in Jacksonville. Others are upcoming in Dallas and Fort Mill, S.C.
The Asana Wellness Center gym on Merrill Road closed Friday. The rest of the wellness center is still open, though.
Almost five years ago, I wrote a story about a company that wraps vehicles in vinyl rather than paint. Because my phone number is on stories, not a month goes by that I don’t get a calling saying “Yeah, how much would it cost to wrap my Chevy?” Truth is, I don’t actually wrap cars myself. But the company I wrote about, Identity Design, has just changed its name to #201Wrap. More info at 201wrap.com
3050 Tamaya Blvd., Tamaya yoga pool, $85,000, Pools by John Clarkson.
4500 San Pablo Road S., alteration on fourth-floor operating room of Mayo Clinic, $282,600, 629 square feet, Auld & White Constructors.
6767 103rd St., renovation of Wal-Mart, $689,397, C.C. Borden Construction.
8033 Normandy Blvd., refresh KFC, $64,314, 1,437 square feet, Kirby Brothers Construction.
2261 Edgewood Ave., tenant build-out for Edgewood Hot Spot, $12,900, 990 square feet, Prism Design & Construction.
9711 Applecross Road, Jimmy Hula’s restaurant in Oakleaf Town Center, $956,810, 5,814 square feet, Moducomm Development.
231 E. Adams St., ADA upgrades, including handrails, to city parking garage, $144,410, Onas Corp.
4578 Blanding Blvd., tenant build-out for Suited Jax Arcade, $65,500, 6,000 square feet, Prism Design & Construction.
11925 Beach Blvd., tenant build-out for Complete Nutrition, $15,260, 716 square feet, Sport Nobles Construction.
13423 Beach Blvd., tenant build-out Jersey Mike’s Subs, $175,000, 1,300 square feet, Ticon.
3461 Peeler Road, metal building for Temple Gym & Fitness, $200,000, 7,000 square feet, RTF Construction.
800 Prudential Drive, renovation of operating room into lab at Baptist Health, $941,095, 1,856 square feet, Perry-McCall Construction.
8540 Baycenter Road, interior renovations for Jewish Family and Community Services, $3,047,774, 28,786 square feet, The Angelo Group. The group recently paid $1.8 million for the office building and will move its headquarters there from Dupont Station Court.
6898 A.C. Skinner Parkway, pavilion, outdoor kitchen, dog park, etc., at Portiva Residences, $861,642, LandSouth Construction. The 260-unit apartment complex is expected to be completed in November.
3510 Port Jacksonville Parkway, new office and showroom build-out for Nivel Parts, $277,303, 52,337 square feet, Tenant Contractors.
9965 San Jose Blvd., tenant build-out for Pacific Grill in the Merchants Walk space last occupied by Dave’s Music Bar and Grill, $106,520, 1,200 square feet, The Malle Co.
7400 San Jose Blvd., treehouse at The Bolles School, $207,251, 600 square feet, Sauer Inc.
10916 Atlantic Blvd., tenant build-out for Thai Blossom Bistro in Justin Plaza shopping center, $20,750, 3,276 square feet, 3 Rivers Construction Services.
Planters Walk 216 LLC of Beverly Hills, Calif., paid $13,418,000 for the Planters Walk apartments at 7350 Blanding Blvd. The 216-unit complex was built in 1974 and last sold for $8,033,000 in 2001.
Star Jasmine Realty LLC of Irvine, Calif., paid $5,175,000 for the PetSmart building at 356 Monument Road. It was built in 1995 and last sold for $3,280,000 in 2001.
N M Baron Las Villas LLC of Sunny Isles Beach paid $1.8 million for the Virginian Arms/Arbor Oaks Apartments at 2501 and 2535 Jammes Road.
Thomas and Megan Wilson paid $1.3 million for the home at 311 5th St., Atlantic Beach. It last sold for $150,000 in 1993.
Judith and James Urbach paid $1,210,724 for a new 4,382-square-foot home at 1690 Atlantic Beach Drive in Atlantic Beach Country Club.
Van Ness Street LLC paid $1,067,000 for the car wash at 3746 University Blvd. W. It was built in 1968 and last sold for $230,000 in 1996.
Roger.Bull@jacksonville.com; (904) 259-4296