Construction begins on the Barnett & Laura Street Trio

[Metro Jacksonville]

Construction begins on the Barnett & Laura Street Trio



Construction begins this week in downtown Jacksonville on the first phase of the historic Barnett National Bank Building and Laura Street Trio project – announced today by developers SouthEast Development Group of Jacksonville and The Molasky Group of Companies of Las Vegas, Nevada.

Read More: http://www.metrojacksonville.com/article/2017-oct-construction-begins-on-the-barnett-laura-street-trio

[Jim]

Hell just got a little cooler.

[Steve]

I'll be honest, I'm still tempted to put this in the District/East San Marco category, but I've been proven wrong before (Exhibit A: Cowford Chophouse), and would love to be wrong here.

[Jim]

I'll be honest, I'm still tempted to put this in the District/East San Marco category, but I've been proven wrong before (Exhibit A: Cowford Chophouse), and would love to be wrong here.

We will know in one week if we need to start moving it into East San Marco category.

[KenFSU]

I'll be honest, I'm still tempted to put this in the District/East San Marco category, but I've been proven wrong before (Exhibit A: Cowford Chophouse), and would love to be wrong here.

All involved with the District are still insistent that they'll close on the property by end of year, horizontal construction will be underway by early 2018, and major vertical elements will be open for business within two years. It's not moving fast, but one-by-one, they're checking their boxes. In that sense, the District project actually reminds me a lot of the Trio. Keep the faith!

[remc86007]

I'm so excited. If construction actually commences I'll enjoy walking by at lunch and watching the progress.

[heights unknown]

(WITH MY HANDS ON MY HIPS).......WHAT???!!!!!!! I'm elated, and, it's about DAMN time! (WITH A FINGER SNAP)...ALRIGHTY THEN!!!

[heights unknown]

Hell just got a little cooler.

LOLOLOLOLOLOLOLOL......

[downtownbrown]

(WITH MY HANDS ON MY HIPS).......WHAT???!!!!!!! I'm elated, and, it's about DAMN time! (WITH A FINGER SNAP)...ALRIGHTY THEN!!!

ok, that's just funny. Two snaps up!

[marcuscnelson]

Permits!

https://www.jaxdailyrecord.com/article/barnett-bank-building-owner-applies-for-dollar22-4-million-renovation-permit

[Steve]

As Joe Biden would say, "That's a big f@#$ing deal."

Now, when this same permit is filed for the Laura Trio, then I'll be REALLY excited.

[marcuscnelson]

As Joe Biden would say, "That's a big f@#$ing deal."

Now, when this same permit is filed for the Laura Trio, then I'll be REALLY excited.

Looks like the article says that they're shooting to have that done by the end of Q1 '18. Something about needing to wait for historical reviews.

[thelakelander]

Barnett gets final build-out approval

The first floor will be leased by a bank, and the second and third levels will be "some new stuff" that Atkins said he will not yet disclose.

As reported, Vagabond Coffee Co. will open in about 1,500 square feet in the lobby, and Chase Bank is expected to lease as the anchor name tenant.

Atkins has not confirmed Chase Bank.

The Barnett work is part of an estimated $90 million redevelopment of the building at 112 W. Adams St., the nearby Laura Street Trio buildings and a new parking garage.

The city approved a permit Friday for Danis Builders and owner Barnett Tower LLC to remodel the vacant Barnett structure at a cost of almost $22.4 million.

Atkins, principal and managing director of SouthEast Development Group and manager of Barnett Tower LLC, said in November he planned to complete the work and open the first phases at the end of this year.

Atkins said demolition and structural remediation has been taking place prior to the construction permit approval. That included removing, reconditioning or replacing all 964 upper windows that had not been installed properly under prior ownership.

The 156,744-square-foot Barnett tower was built in 1926, according to the permit. The architect is KBJ — L&B Architects.

Atkins said most of the apartments are one-bedroom units, although there are some studios and some two-bedroom units on the top floor.

Rents will average $1.65 a square foot and the average size is 700 square feet, which works out to a monthly average rent of $1,155.

Atkins expects advertising and preleasing will start in a few months. A new website will include information.

He called the current Barnett-Trio.com a placeholder for the new site. Potential tenants can preregister.

Full article: https://www.jaxdailyrecord.com/article/barnett-gets-final-build-out-approval

[Steve]

Yaay!

Although, was I the only one that thought this permit was already filed? Apparently the previous one was just for finishing demo and the 1,000 window replacement.

[acme54321]

Gotta give Atkins credit for sticking with this project.  I can't say I ever thought I'd see him pull it off.