Barnett Bank Building Foreclosed

[icarus]

But pulling from the same article Stephen .. we still have the old Courthouse dock/parking deck .. wouldn't it be better to integrate it into the somewhat existing entertainment district  ...for once .. just once ... I wish more than a handful understood density and mixed use planning (& Im not referring to you Stephen). There is so much that could be done with so little ...

[mtraininjax]

This is more important than the Landing. I think the Landing is important but can be re-purposed so easily.

Because the water taxi drops people off 5 blocks north of the Landing? The Landing is on the shots for the football games, most visitors have no clue of where Hemming Park is located and most only know it for derogatory reasons as they get hit up coming out of the Main Library. The (2) major hotels, Omni and Hyatt are a block each away from the Landing.

For visitors and tax dollars, the Landing is more important than a park 5 blocks north of the river.

[thelakelander]

FSCJ is currently in the process of moving their culinary school to their downtown campus. In addition to the school, they're adding a restaurant to their dormitory project on Adams Street. The project should be complete around January 2017.

The building will have 60 beds when completed, which will be suite-style apartments with a common living area and kitchen space. The price for each unit will be $750, which Holland said fits their students' definition of affordable housing.

Plans for a student-run "Panera-style" culinary café, which will occupy about 4800 square feet of the building, are also moving forward. The school will be moving its culinary program to FSCJ's Downtown campus at 101 W. State Street in order to accommodate students who will work in the fast-casual restaurant.

Holland said the plans for the café serve two purposes: an outlet for FSCJ's culinary students and a contribution to their Downtown revitalization efforts.

"It was important for us to bring not only residential, but retail space to Downtown," Holland said.

http://www.bizjournals.com/jacksonville/news/2016/02/23/fscj-housing-in-downtown-to-open-in-august.html

[icarus]

Well, look at Kitchen in San Marco ... and by fate with MD Anderson/ Baptist going in next door  .. its become a beacon of light in a sea of medical complexes ... And, as much as I applaud Intuition's efforts, I have serious misgivings about its performance .. event days ... home run ... every other day .. who wants to drive past the jail and the sheriff to have a few pints and then drive home past the same ... maybe we could turn the Berkman II into an overflow site for the chronically over booked seats at the pre trial detention center ...

[tufsu1]

Oh my godddddddd can we please just tear down the Berkman II already. It's literally so embarrassing to look at.

feel free to buy it and then you can

[menace1069]

This is more important than the Landing. I think the Landing is important but can be re-purposed so easily.

See what is going on in Tampa and should be replicated here at the Landing:

http://www.tampabay.com/news/business/retail/the-heights-market-concept-will-be-the-first-of-its-kind-in-tampa-bay/2287376

The more that I visit other cities and read up on what's working well across the country, the more I fall in love with the idea of the Landing as Jacksonville's signature marketplace & food hall. Really does seem like it could a game-changer for the Landing, particularly with residential picking up in and around the core. It would provide something uniquely Jacksonville, that you just couldn't find elsewhere in the city.

totally agree with you on this Ken. A culinary institute, fish market and food hall would be a complete game changer for downtown.  Something that has been recognized since the early days of "The Quay"

Dammit...I'm agreeing with Stephen again!
The Landing re-purposed as only food-related would be a complete game-changer. Fish market, culinary school/institute, food hall...awesome ideas. Add some other fare to round it out be it mom & pop/family-run or even some secondary franchised joints (not the likes of McDs or BK). The coffee place that is going in is a nice add. Not only would the downtown workers have a great place to go during lunch, it would give people a reason to come and actually spend some time downtown again.
All food...man, getting hungry.

You listening to this, Sleiman?

[Downtown Osprey]

Oh my godddddddd can we please just tear down the Berkman II already. It's literally so embarrassing to look at.

feel free to buy it and then you can

Haaaaaaaaaaa.....................

[KenFSU]

This is more important than the Landing. I think the Landing is important but can be re-purposed so easily.

See what is going on in Tampa and should be replicated here at the Landing:

http://www.tampabay.com/news/business/retail/the-heights-market-concept-will-be-the-first-of-its-kind-in-tampa-bay/2287376

The more that I visit other cities and read up on what's working well across the country, the more I fall in love with the idea of the Landing as Jacksonville's signature marketplace & food hall. Really does seem like it could a game-changer for the Landing, particularly with residential picking up in and around the core. It would provide something uniquely Jacksonville, that you just couldn't find elsewhere in the city.

totally agree with you on this Ken. A culinary institute, fish market and food hall would be a complete game changer for downtown.  Something that has been recognized since the early days of "The Quay"

Do you think Sleiman would support the idea, or do you think he's too set on his long-term vision of city-subsidized mixed use?

[KenFSU]

In ten minutes time (11:00 AM), she'll be officially up for auction.

[jaxjaguar]

$1 Bob

[KenFSU]

A lot of people think Stache is going to walk away from the auction with the Barnett.

Really interested to see what happens here, and how much the market deems the building to be worth.

[thelakelander]

Appears the market isn't interested in it. Only one bid for $25k by Alex Klempf. In response, a Stache trustee offered $50k. So it goes to Stache.

http://www.bizjournals.com/jacksonville/news/2016/09/14/shad-khan-takes-over-barnett-bank-building.html

[jaxjaguar]

Khan got it for a steal IMO. 50k. Hopefully his group can get the ball moving on redevelopment. He definitely has more connections/leverage with investors than the previous owners.
http://www.jaxdailyrecord.com/showstory.php?Story_id=548325

[KenFSU]

Appears the market isn't interested in it. Only one bid for $25k by Alex Klempf. In response, a Stache trustee offered $50k. So it goes to Stache.

http://www.bizjournals.com/jacksonville/news/2016/09/14/shad-khan-takes-over-barnett-bank-building.html

Max bid of $4.6 million was set by Stache.

I'd call $50k a steal.

Stache Tower?

[vicupstate]

Khan got it for a steal IMO. 50k. Hopefully his group can get the ball moving on redevelopment. He definitely has more connections/leverage with investors than the previous owners.
http://www.jaxdailyrecord.com/showstory.php?Story_id=548325

$3mm plus 50k plus expenses. The building is worth about $1.1mm per the Property Tax Assessor, which admittedly is not likely it's true market value.