Retail-less parking garage to receive final approval

[Coolyfett]

Ground Floor retail space is planned with the garage....after uproar led to several design changes...now whether that retail gets occupied is a different story

I just read this in the bizjournal as well. I think the condos need to be 60 percent full though. I didnt even know that building was condos now. This is the building on Water & Hogan street near the Landing right?

[edjax]

What I find amazing is that the stated reason for the garage was to be able to attract tenants.  But now they don't anticipate getting from the 50s occupancy rate they currently have to the 60% level which triggers the retail for about 24 months after the completion of the garage?!?!  Hmmm. 

[tpot]

http://miami.curbed.com/archives/2014/02/13/oh-but-to-build-a-zaha-hadid-garage.php?fb_action_ids=10152619927118312&fb_action_types=og.likes&fb_source=aggregation&fb_aggregation_id=288381481237582

Here is a link to a new parking garage being built in Miami, JAX could learn a few things from MIA.....

[thelakelander]

This makes one wonder if and how much taxpayers were cheated for the Parador garage?

After billing $836,000 to reseal the windows, the contractor sent Bahl five checks totaling $345,000. On a $110,000 bill for mold remediation, the contractor kicked back $95,000, according to court filings.

The building was resold in 2015, and owners were paid close to three times the price per square foot the building commanded in 2009. A big part of the difference, the judge was told, was that Bahl's company, Parador Partners, spent about $9 million building a parking garage that became the common property of all the owners.

How much anyone was cheated was never fully resolved.

http://www.jacksonville.com/news/20180201/probation-fine-for-scam-at-downtown-office-tower-judge-orders

[Gunnar]

Was anyone ever made accountable for this ?