PMC pull out of a deal to buy Laura Street Trio

[Tacachale]

Philadelphia developers PMC pull out of a deal to acquire Downtown's Laura Street Trio

The deal a Philadelphia firm was considering to acquire and renovate the historic Laura Street Trio and Barnett Bank Building in downtown Jacksonville has fallen apart, according to sources.

...

http://m.bizjournals.com/jacksonville/blog/morning-edition/2012/11/philadelphia-firm-pulls-out-of-deal-to.html

[downtownjag]

Happened a few weeks ago; sucks, but not surprised. 

[jcjohnpaint]

What happened to the higher educ dorms?
http://www.bizjournals.com/jacksonville/print-edition/2012/08/24/developer-says-evolved-laura-street.html

[Captain Zissou]

I'm not surprised at all, but this still stinks. 

[downtownjag]

What happened to the higher educ dorms?
http://www.bizjournals.com/jacksonville/print-edition/2012/08/24/developer-says-evolved-laura-street.html

Think he was just fishing/trying to get involved when Florida Coastal said they were out in the market

[fsujax]

Figures, even with Khan financially backing this nothing can happen? I think it's time the buildings are completely boarded up, sealed and left to sit as a reminder of how great Jacksonville used to be.

[Ocklawaha]

Jacksonville, looking more like Rhyolite, Nevada every day!

Savannah's port just got ANOTHER $50 million from the State of Georgia.
Our Port Director was recruited to use his connections to get our harbor deepened and improved, now he's apparently jumping ship.
The Laura Trio and Barnett Building are back on the eternally vacant list.
Our libraries are open 4 hours a day, but only on Leap Year.
We'll mow the highway right-of-way 3 or 4 times a year going with a more 'natural' look.

DAMN PEOPLE, WE'VE GOT TO STOP THIS TAILSPIN!

[tufsu1]

Savannah's port just got ANOTHER $50 million from the State of Georgia.
Our Port Director was recruited to use his connections to get our harbor deepened and improved, now he's apparently jumping ship.

and he has done that so far....with his help the ACOE sped up the review process significantly with a recommendation by spring 2013.

also rumor has it JaxPort is making a counter-offer to keep him

[If_I_Loved_you]

Jacksonville, looking more like Rhyolite, Nevada every day!

Savannah's port just got ANOTHER $50 million from the State of Georgia.
Our Port Director was recruited to use his connections to get our harbor deepened and improved, now he's apparently jumping ship.
The Laura Trio and Barnett Building are back on the eternally vacant list.
Our libraries are open 4 hours a day, but only on Leap Year.
We'll mow the highway right-of-way 3 or 4 times a year going with a more 'natural' look.

DAMN PEOPLE, WE'VE GOT TO STOP THIS TAILSPIN!

(Our libraries are open 4 hours a day) This is truly wrong when you dummy up the people that want to learn and move forward you're really killing the city of Jacksonville, Fl.  “No place affords a more striking conviction of the vanity of human hopes than a public library”
Samuel Johnson quotes

[vicupstate]

Back in August, the project was proposed by Steve Atkins an dnow has been declined by this Philadelphia group.  I assume Atkins dropped it between August and whenever the Philly group looked at it?  Can someone clarify?

[fieldafm]

Atkins never signed anything. 

[downtownjag]

Atkins had nothing to do with this project

[Bill Hoff]

The Library is a fraction of the cost, much more feasible, and in a key location.

It also would make a huge impact.

Energy should be focused there.

[CityLife]

^Agreed.

Someone correct me if I'm wrong, but I remember hearing or perhaps reading that Mayor Brown wants his big downtown legacy project to be the Trio. I believe he was advised to pick one project and focus on doing it right. Sound right?

[vicupstate]

Atkins had nothing to do with this project

Then why was the August JBJ article about his plans for it?  I guess he never committed to anything?