Firehouse Subs, Wasabi Buffet destroyed in Five Points fire

[MusicMan]

And this is a perfect reflection of one of the aspects of our current economy. The Weavers were able to quickly unload one of their assets, their largest, The Jaguars, for $750,000,000 but can't find buyers for the $150,000
condos they developed in Riverside.

Gotta love how it "trickles down......................"

[Timkin]

I would love to approach the Weavers about Annie Lytle.. At least to point me in the direction of some entity who would take it on.  I think after this project with Gorrie, they might not want to take on another.  Of course the emergence of better and more numbers of jobs coming available in the City could help projects like Gorrie.

If you want the Weavers help, ask quickly, they have many of their holdings for sale, including the house in San Marco, and are rumored to be looking to get out of Gorrie, since its only sold 5 and with this being Delores' own money, she may be wanting to cash out of the mess. Other rumor is that they want to head back to the midwest where they also have considerable holdings.

So time would be of the essence here.

^ I don't know them ,personally... or how to get in contact with them.  Can only imagine with the difficulties they have suffered with Gorrie that they would never get involved with Annie Lytle.   I would love to get suggestions from them as to who ,maybe to turn to.  For that matter, Mr Kahn might also be an idea.  Again don't really know either of them

It is interesting that they are selling everything. Are they leaving Jacksonville?

[mtraininjax]

The Jaguars, for $750,000,000 but can't find buyers for the $150,000
condos they developed in Riverside.

Gotta love how it "trickles down......................"

Love the sarcasm, but this is the reality, they did have a number of partners in the Jaguars, they were the majority holders, but there WERE others who saw a nice payday from the sale of the team. Granted Delores spent close to 16 million of her own money and she knows that with the economy and sales prospects (ask a bank for a condo loan these days), with 5 sold so far, that she probably will not get all her money back out of the deal. Stephen can probably discuss more about their plans, but they have the San Marco river house for sale, the Condo at Villa Riva is probably safe for now, but you have to believe that in this time of their life, they are looking to divest, rather than accumulate.

[If_I_Loved_you]

http://www.wokv.com/news/news/local/firehouse-subs-comdemned-no-rebuild-timeline/nPbDn/

Hey here is an idea? A lot of people want to save the old Number Five Fire Station on Riverside. How about turning it into the New Firehouse Subs. The building would have new life and a Great local business would be able to stay in the Riverside area.

[mtraininjax]

^Nice idea, but I believe Fidelity owns the land that the Fire Station Sits on, and I am not sure they are looking to take on new tenants. There was a discussion to move the FS to a new location, it could be done based on what we saw happened at the Beach over the weekend with JEA moving lights for the church on 3rd street. But that was a church, and this is well, a fire station. No doubt Fire House Subs would have the $$$, but do they have the desire, and who here at MJ would make the pitch, if not already done, to them to move it and then where? Only so many locations in the area, unless you float it somewhere, again doable, but will be a major undertaking.

[If_I_Loved_you]

^Nice idea, but I believe Fidelity owns the land that the Fire Station Sits on, and I am not sure they are looking to take on new tenants. There was a discussion to move the FS to a new location, it could be done based on what we saw happened at the Beach over the weekend with JEA moving lights for the church on 3rd street. But that was a church, and this is well, a fire station. No doubt Fire House Subs would have the $$$, but do they have the desire, and who here at MJ would make the pitch, if not already done, to them to move it and then where? Only so many locations in the area, unless you float it somewhere, again doable, but will be a major undertaking.

Thank You 

[Timkin]

http://www.wokv.com/news/news/local/firehouse-subs-comdemned-no-rebuild-timeline/nPbDn/

Hey here is an idea? A lot of people want to save the old Number Five Fire Station on Riverside. How about turning it into the New Firehouse Subs. The building would have new life and a Great local business would be able to stay in the Riverside area.

This is indeed a good idea , and was tossed around on the board a year or so back.   It would take someone with the $$ as M-train pointed out, and the incentive to save a nice landmark. 

Problem is ,,, The Fire Station has to leave its current location or it will likely be demolished.   It was suggested in the past to move it to the opposite side of Riverside Ave .    That is out .  It could be moved up Forest St, and down Park .. Think there is a vacant lot opposite ( roughly )  Jimmy Johns .   

It is actually an excellent idea for a new location for the Firehouse Subs Chain closed by the fire and a great reuse for the Old FS#5. it would be in close proximity to the old location and in an Old Firehouse, I think it would be a popular spot.  Space-wise it would be overkill for a typical Firehouse Subs location.  Perhaps Firehouse Subs Corporate would take it on , if they could get a tenant in the upper level of the building.

I like.  Perhaps that could be a solution for the old Fire Station.

[MusicMan]

Quote: "Ask a bank for a condo loan these days"

FYI John Gorrie offers in-house financing up to 95%  (Everbank if I recall) for qualified buyers.


Would love to see FireHouse Subs in the old fire station.

Finally: What's up in the old dry cleaner on Oak Street in Riverside? (Near Publix)
            Anybody notice the COA/Public hearing sign there a week ago?

[downtownjag]

Quote: "Ask a bank for a condo loan these days"

FYI John Gorrie offers in-house financing up to 95%  (Everbank if I recall) for qualified buyers.


Would love to see FireHouse Subs in the old fire station.

Finally: What's up in the old dry cleaner on Oak Street in Riverside? (Near Publix)
            Anybody notice the COA/Public hearing sign there a week ago?

You talking about De Luxe?  Maybe I have the spelling wrong.  That's the operating dry cleaner.  There's a vacant center on the other side of the road that I believe was also a dry cleaner

[mtraininjax]

FYI John Gorrie offers in-house financing up to 95%  (Everbank if I recall) for qualified buyers.

There were 5 lenders and they all had the 5% deal, each one did one and now no one else wants to have (2) condo loans on their books, so those deals are gone for now. The first 5 in got the best deals, and they are the only ones there now.

Timken - Delores is onsite at the offices of John Gorrie, she would be approachable, I would think.

[Dog Walker]

The COA for the old Deluxe Laundry building was for the "renovation of the storefront".  It is probably the last unaltered, commercial storefront in Riverside.

[MusicMan]

Any pictures around of that location (Deluxe Laundry, Oak Street)  in it's "hayday"?

[Timkin]

FYI John Gorrie offers in-house financing up to 95%  (Everbank if I recall) for qualified buyers.

There were 5 lenders and they all had the 5% deal, each one did one and now no one else wants to have (2) condo loans on their books, so those deals are gone for now. The first 5 in got the best deals, and they are the only ones there now.

Timken - Delores is onsite at the offices of John Gorrie, she would be approachable, I would think.

It can't hurt to ask her for guidance.  Not necessarily to jump into the project.

[ben says]

Timken - Delores is onsite at the offices of John Gorrie, she would be approachable, I would think.

Still? I went there a few weeks ago, and according to the agent, nobody is onsite anymore. Sales were too slow to justify a presence.

Quote: "Ask a bank for a condo loan these days"

FYI John Gorrie offers in-house financing up to 95%  (Everbank if I recall) for qualified buyers.


Would love to see FireHouse Subs in the old fire station.

Finally: What's up in the old dry cleaner on Oak Street in Riverside? (Near Publix)
            Anybody notice the COA/Public hearing sign there a week ago?

Tried really hard recently to get into some sort of talks w/ the owner about buying/rehabbing the place. Went nowhere. My educated guess is the place has major environmental issues and nobody knows quite exactly what to do with it. I saw the Public Hearing sign. No idea what that's about.

[mtraininjax]

Still? I went there a few weeks ago, and according to the agent, nobody is onsite anymore. Sales were too slow to justify a presence.

That is correct, no agent on site, but Delores Weaver is onsite, what time, I don't know, all the agents left, there is no one buying them, so why would an onsite agent stay and make no money?