Tallest Tower Between ATL & MIA In Jax?

Started by jaxlongtimer, July 24, 2024, 08:07:02 PM

Steve


heights unknown

If Jax' renderings within the past 30 years had all been built and come to fruition, we'd be looking more like Philadelphia; still way short and on a par with Miami, but "heavy skyscraper" density.
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CityLife

#17
Quote from: thelakelander on July 25, 2024, 10:15:06 AM
Media doing this one an injustice. This is no where close to breaking ground, so showing highly conceptual renderings and using text like "coming soon" will basically set people up for grand disappointment.

https://www.news4jax.com/news/local/2024/07/25/dia-developers-discuss-project-to-build-downtown-jacksonvilles-tallest-skyscraper/

Agreed. There are a lot of potential issues with the media circulating renderings for a public project that hasn't even been RFP'd.

1. There does not have to be any kind of financial arrangement in place with the property owner (COJ) for a company like this to make a public pitch for a project.
2. It is cheap and easy to recycle images of existing or previously designed buildings and then use them produce low quality renderings like the ones currently used.
3. It is easy to get proposals from firms like Kimley Horn and KBJ and say that you are using them for engineering and architecture, but not actually release them to do the actual work.
4. Not saying this company is pursuing this project for this reason...but it is possible for a developer to publicly go after a project like this to elevate the name recognition and prestige of the company. Likely very few of us had heard of Cross Regions, but now they are immediately more well known in Jax. This could likely be used to help gain traction on other deals or appear more legitimate to lenders.  Their portfolio appears to have nothing resembling a project like this. https://crossregions.com/properties/
5. Again, not saying this company is doing this....but developers write off losses for failed or abandoned projects all the time. It would be very easy to pursue publicly owned land with no deposit/escrow payment, spend a few bucks on legal fees and low level renderings, but then substantially overinflate the internal costs to pursue a project you know will never get off the ground. I know a savvy real estate developer that owns a CPA firm (not in Jax) and I think his real estate development business is just used to write off taxes from his CPA business.
6. With the amount of money that the DIA is throwing around, it's also easy and appealing for developers to put together a rudimentary design package and try to get the public behind a project to see if the DIA will over subsidize your project, like they do with others.


TLDR: It's very cheap, easy, and beneficial for developers to publicly shop renderings for public land they don't even have under contract. The DIA should require some money to be put in escrow (or pay a substantial review fee) so that public time and money isn't wasted on an American Lions like project again.

jcjohnpaint

I remember developers proposing a tower with renderings for turning the old Greyhound station to a parking lot for a short period of time... still a parking lot.

JaGoaT

Gonna cast a horrible shadow on the brand new River Front Park

Ken_FSU

Quote from: jcjohnpaint on July 25, 2024, 02:06:28 PM
I remember developers proposing a tower with renderings for turning the old Greyhound station to a parking lot for a short period of time... still a parking lot.

*Illegal parking lot.

acme54321

Quote from: JaGoaT on July 25, 2024, 02:22:30 PM
Gonna cast a horrible shadow on the brand new River Front Park

Only early morning, and sometimes of the year it might be welcome.

copperfiend


heights unknown

Pipe dream. Jax will figure out a way NOT TO GET IT BUILT. It will probably never be built.
PLEASE FEEL FREE TO ACCESS MY ONLINE PERSONAL PAGE AT: https://www.instagram.com/garrybcoston/ or, access my Social Service national/world-wide page if you love supporting charities/social entities at: http://www.freshstartsocialservices.com and thank you!!!

Fallen Buckeye

Quote from: CityLife on July 25, 2024, 01:21:18 PM
Quote from: thelakelander on July 25, 2024, 10:15:06 AM
Media doing this one an injustice. This is no where close to breaking ground, so showing highly conceptual renderings and using text like "coming soon" will basically set people up for grand disappointment.

https://www.news4jax.com/news/local/2024/07/25/dia-developers-discuss-project-to-build-downtown-jacksonvilles-tallest-skyscraper/

Agreed. There are a lot of potential issues with the media circulating renderings for a public project that hasn't even been RFP'd.

1. There does not have to be any kind of financial arrangement in place with the property owner (COJ) for a company like this to make a public pitch for a project.
2. It is cheap and easy to recycle images of existing or previously designed buildings and then use them produce low quality renderings like the ones currently used.
3. It is easy to get proposals from firms like Kimley Horn and KBJ and say that you are using them for engineering and architecture, but not actually release them to do the actual work.
4. Not saying this company is pursuing this project for this reason...but it is possible for a developer to publicly go after a project like this to elevate the name recognition and prestige of the company. Likely very few of us had heard of Cross Regions, but now they are immediately more well known in Jax. This could likely be used to help gain traction on other deals or appear more legitimate to lenders.  Their portfolio appears to have nothing resembling a project like this. https://crossregions.com/properties/
5. Again, not saying this company is doing this....but developers write off losses for failed or abandoned projects all the time. It would be very easy to pursue publicly owned land with no deposit/escrow payment, spend a few bucks on legal fees and low level renderings, but then substantially overinflate the internal costs to pursue a project you know will never get off the ground. I know a savvy real estate developer that owns a CPA firm (not in Jax) and I think his real estate development business is just used to write off taxes from his CPA business.
6. With the amount of money that the DIA is throwing around, it's also easy and appealing for developers to put together a rudimentary design package and try to get the public behind a project to see if the DIA will over subsidize your project, like they do with others.


TLDR: It's very cheap, easy, and beneficial for developers to publicly shop renderings for public land they don't even have under contract. The DIA should require some money to be put in escrow (or pay a substantial review fee) so that public time and money isn't wasted on an American Lions like project again.

Absolutely agree. I also wonder why they would choose this parcel when they're prepping a spot for this type of project right next door that won't have the utlility or ramp removal problems. They don't seriously intend for this to get built. This is pure marketing.

heights unknown

Quote from: Fallen Buckeye on July 26, 2024, 11:28:51 AM
Quote from: CityLife on July 25, 2024, 01:21:18 PM
Quote from: thelakelander on July 25, 2024, 10:15:06 AM
Media doing this one an injustice. This is no where close to breaking ground, so showing highly conceptual renderings and using text like "coming soon" will basically set people up for grand disappointment.

https://www.news4jax.com/news/local/2024/07/25/dia-developers-discuss-project-to-build-downtown-jacksonvilles-tallest-skyscraper/

Agreed. There are a lot of potential issues with the media circulating renderings for a public project that hasn't even been RFP'd.

1. There does not have to be any kind of financial arrangement in place with the property owner (COJ) for a company like this to make a public pitch for a project.
2. It is cheap and easy to recycle images of existing or previously designed buildings and then use them produce low quality renderings like the ones currently used.
3. It is easy to get proposals from firms like Kimley Horn and KBJ and say that you are using them for engineering and architecture, but not actually release them to do the actual work.
4. Not saying this company is pursuing this project for this reason...but it is possible for a developer to publicly go after a project like this to elevate the name recognition and prestige of the company. Likely very few of us had heard of Cross Regions, but now they are immediately more well known in Jax. This could likely be used to help gain traction on other deals or appear more legitimate to lenders.  Their portfolio appears to have nothing resembling a project like this. https://crossregions.com/properties/
5. Again, not saying this company is doing this....but developers write off losses for failed or abandoned projects all the time. It would be very easy to pursue publicly owned land with no deposit/escrow payment, spend a few bucks on legal fees and low level renderings, but then substantially overinflate the internal costs to pursue a project you know will never get off the ground. I know a savvy real estate developer that owns a CPA firm (not in Jax) and I think his real estate development business is just used to write off taxes from his CPA business.
6. With the amount of money that the DIA is throwing around, it's also easy and appealing for developers to put together a rudimentary design package and try to get the public behind a project to see if the DIA will over subsidize your project, like they do with others.


TLDR: It's very cheap, easy, and beneficial for developers to publicly shop renderings for public land they don't even have under contract. The DIA should require some money to be put in escrow (or pay a substantial review fee) so that public time and money isn't wasted on an American Lions like project again.

Absolutely agree. I also wonder why they would choose this parcel when they're prepping a spot for this type of project right next door that won't have the utlility or ramp removal problems. They don't seriously intend for this to get built. This is pure marketing.
Damn, damn, damn!!!!!!!
PLEASE FEEL FREE TO ACCESS MY ONLINE PERSONAL PAGE AT: https://www.instagram.com/garrybcoston/ or, access my Social Service national/world-wide page if you love supporting charities/social entities at: http://www.freshstartsocialservices.com and thank you!!!

acme54321

Just look at this company's portfolio.  It speaks for itself (or doesn't?).

Zac T

Quote from: Fallen Buckeye on July 26, 2024, 11:28:51 AM
Quote from: CityLife on July 25, 2024, 01:21:18 PM
Quote from: thelakelander on July 25, 2024, 10:15:06 AM
Media doing this one an injustice. This is no where close to breaking ground, so showing highly conceptual renderings and using text like "coming soon" will basically set people up for grand disappointment.

https://www.news4jax.com/news/local/2024/07/25/dia-developers-discuss-project-to-build-downtown-jacksonvilles-tallest-skyscraper/

Agreed. There are a lot of potential issues with the media circulating renderings for a public project that hasn't even been RFP'd.

1. There does not have to be any kind of financial arrangement in place with the property owner (COJ) for a company like this to make a public pitch for a project.
2. It is cheap and easy to recycle images of existing or previously designed buildings and then use them produce low quality renderings like the ones currently used.
3. It is easy to get proposals from firms like Kimley Horn and KBJ and say that you are using them for engineering and architecture, but not actually release them to do the actual work.
4. Not saying this company is pursuing this project for this reason...but it is possible for a developer to publicly go after a project like this to elevate the name recognition and prestige of the company. Likely very few of us had heard of Cross Regions, but now they are immediately more well known in Jax. This could likely be used to help gain traction on other deals or appear more legitimate to lenders.  Their portfolio appears to have nothing resembling a project like this. https://crossregions.com/properties/
5. Again, not saying this company is doing this....but developers write off losses for failed or abandoned projects all the time. It would be very easy to pursue publicly owned land with no deposit/escrow payment, spend a few bucks on legal fees and low level renderings, but then substantially overinflate the internal costs to pursue a project you know will never get off the ground. I know a savvy real estate developer that owns a CPA firm (not in Jax) and I think his real estate development business is just used to write off taxes from his CPA business.
6. With the amount of money that the DIA is throwing around, it's also easy and appealing for developers to put together a rudimentary design package and try to get the public behind a project to see if the DIA will over subsidize your project, like they do with others.


TLDR: It's very cheap, easy, and beneficial for developers to publicly shop renderings for public land they don't even have under contract. The DIA should require some money to be put in escrow (or pay a substantial review fee) so that public time and money isn't wasted on an American Lions like project again.

Absolutely agree. I also wonder why they would choose this parcel when they're prepping a spot for this type of project right next door that won't have the utlility or ramp removal problems. They don't seriously intend for this to get built. This is pure marketing.

The DIA just had a workshop and seemed less receptive to the prospect of a highrise at the Riverfront Plaza site. This particular lot east of the Main Street Bridge will eventually be RFP'd in conjunction with the Riverfront Plaza site so it will be developed at one point or another once the ramp comes down. It will be years down the road before anything gets done however

I-10east

The most popular view of Jacksonville (from Friendship Fountain/Southbank) is not shown on the renderings. Yet they show the weird eastward view

Ken_FSU

Quote from: I-10east on July 27, 2024, 12:11:15 AM
The most popular view of Jacksonville (from Friendship Fountain/Southbank) is not shown on the renderings. Yet they show the weird eastward view

Good to see you, I-10! Feels like it's been a minute.