Has anyone heard of businesses moving in there anytime soon?
With the number of employees in that area from Blue Cross/Blue Shield, Fidelity, LPS, and Everbank you would think those spaces would have been leased to a coffee shop, dry cleaners, etc.
There are thousands of employees working on Riverside Avenue. I would suspect that the rents on those empty store fronts to be very expensive.....
blockbuster and walmart
Everbank has a building? Which building is that?
Quote from: Overstreet on October 06, 2010, 11:00:02 AM
Everbank has a building? Which building is that?
I can't tell if you are joking.
the retail spaces aren't very deep....so they are not conducive for most uses
No, I wasn't joking.
The Everbank Building on Riverside Avenue.....next to the old abandoned fire station across from the Brooklyn neighborhood.
I think he was directing that at Overstreet.
Oh yeah, that building. I moved out of that office area around 1995. I'm still calibrated for that to be the old marine dealer and bumper car stop for errant drivers on Riverside. There used to be a sandwich shop across the street with a good inexpensive burger.
The thought that a internet cyberspace entity has a building is kind of odd if you let your mind wander. Time to go home.
I'd love to see a California Pizza Kitchen in that spot. Nice, well-priced food and not only are there a couple of thousand people working on those two blocks but the trolley drops off right across the street.
I love that space as well. when I spoke with them last they wanted close to $30 per sq ft.
This should not be a surprise; though there are possibly thousands of people who work in that area (a couple of thousand or more), it's not like they are going to hang around after work or even go put their clothes in the cleaners during lunch time. There needs to be some residents in that area (and not just Riverside but much closer (Brooklyn, Downtown, etc.) who could also become customers for potential businesses there.
"HU"
That space has been there since the building/garage opened. As far as I know, no one has ever leased those spaces yet. They may be small, but have you seen the spaces some Deli's and restaurants fit to in NY city?
At $30/sf foot, it will be empty for years to come.
The space really isn't that big of a deal. Independent delis/sandwich shops, and even floor models for quick-to-go franchises could fit in those spaces. You could pull decent revenue per sq ft in those locations with weekday breakfast/lunch traffic(especially with a Marriot and more commercial space going in across the street) But for the rent they are trying to charge... yeah, good luck with that!!
Dana safety supply should move in give walkers, cyclists, joggers, muggers and runners the wares to equip themselves and couple their presence with pepper spray, reflector decals, tazers etc.
the only reason the lack of depth could be an issue is because Jacksonville is a strip mall haven where merchants have been brain washed to believe a 20'x80' vanilla box fronted by a sea of asphalt parking is the only way to go.
the true issue is the square foot cost and the lack of allowance given by the owner to the tenant for build-out. being a first time tenant in a triple net empty shell is a very expensive undertaking without building owner incentives.
Ceree Harden built the building, Everbank is a part owner in the building as are all the tenants, so its a good deal. I do know Harden & Associates are working to get a restaurant in the base floor, but the place is like a ghost town after 5. I don't see anything, besides a hot dog stand, moving in there before Brooklyn develops.
It is my understanding that Ceree Harden isn't the sole owner of the building, but several of the tenant are part owners/investors of the building. Ceree just takes the all credit. From what I hear, he only attended a handfull of the meetings during the design and construction of the building, but instead had a representative from his office for him attend. Also, EverBank ins't a part owner, they lease the largest amount of space in the building (top two floors and a branch bank on the ground floor) and were given the naming rights as part of their lease agreement.
All the tenants in the building are OWNERs, they all share in the expenses and value of the building.
^ I do not believe you are correct on that statement. All tenants pay an additional percentage for shared building common areas for their particular floor and main building common areas, but all are not building owners. Gevity, Oracal USA (when they were there), Paul Harden, Axcess Sport (may not be there anymore), Cooke & Meux are not part owners. EverBank came on the scene late in the construction of the building and unless the bought in late are not owners of the building. Whatever recent tenants they may have gained with the vacant areas definitely are not part owners. To my knowledge, the part owners are: Harden & Associates (or whatever name they are going by now), Rock Creek (who might have sold their intrest by now), LBA, Volpe, Fisher Tousey and Peek Cobb. Their was even rumor that Tim Folley was a private invester in the project. Ceree Harden is the figure head of the all the vested interests. Just because you lease space, doesn't mean you are an owner.
Whatever the case, it is a waste of space. Whomever the owners are, they are a complete mess. Why have street level retail and keep turning teanets away? In between everbank, fidelty, LPS and BCBSFL, any resturant or deli located down there would make a killing! It looks complete dumb to have street level retail that you dont want to lease. They are complete idiots.
they originally didn't want that much retail, but the DRC/DDA review board pushed it on them, because they let fidelity slide on having it in their new garage and office building. originally they only wanted the retail underneath the tower, not the retail under the garage. but we all know how the city of jax review board know best.