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December 20-26, 2018
The Mathis Report: Signs changing for St. Vincent’s PAGE 3
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JACKSONVILLE
Record & Observer
THE BIGGEST STORIES OF 2018 Record & Observer
Developer buys large site east of Downtown
JACKSONVILLE
Record & Observer JEA cooling towers imploded.
700 E. Union St. building was sold to an Atlanta company that develops mixed-use projects.
JACKSONVILLE
Winn-Dixie parent bankruptcy.
BY DAVID CAWTON STAFF WRITER
JACKSONVILLE
An Atlanta-based developer has big plans for East Jacksonville after closing on the former Union Terminal Warehouse Building on Wednesday. Through East Union Property Owner LLC, Columbia Ventures LLC purchased the 7.88-acre property Dec. 3 for $4.6 million. The sale was recorded Tuesday with the Duval County Clerk of Courts. Columbia Ventures managing partner Dillon Baynes said Wednesday the adaptive reuse includes commercial, retail and residential elements as well as oppor- Baynes tunities for dining and entertainment. Baynes said he will spend the first few months of 2019 determining what structural repairs and maintenance are needed at the site. “This is a building that after 106 years has some deferred maintenance that needs to be addressed before we do anything else,” he said of the 298,711-square-foot main structure. Property records show seven buildings built between 1912 and 1990 at the site. The property is at 700 E. Union St., north of the Mathews Bridge ramp and near Hogan’s Creek. The property is near TIAA Bank
Record & Observer Shad Khan reveals plans for Lot J next to TIAA Bank Field. File images
From bankruptcies to buyouts to implosions and big warehouses, there was no shortage of news over the past year in Northeast Florida. The staff of the Jacksonville Daily Record and Record & Observer looks back at the year’s top stories.
PAGE 4
Surge Adventure Park opened at Regency Court Shopping Center.
SEE BUILDING, PAGE 11
Basch Report: Ameris moving bank charter to Atlanta PAGE 8 Top 10 sales of the week: Fanatics warehouse sold PAGE 9 OBSERVER MEDIA GROUP
THE MARBUT REPORT
Legal community’s outpouring of giving PAGE 10 VOLUME 1, NO. 29 • ONE SECTION