OCTOBER 5 TO OCTOBER 11, 2023 | JAXDAILYRECORD.COM
BUSINESS & LEGAL NEWS IN BAKER, CLAY, DUVAL, NASSAU AND ST. JOHNS COUNTIES
REGENCY SQUARE MALL OWNER SAYS IT’S SELLING
INSIDE
THE MATHIS REPORT
The Co-op Frosé & Eatery coming to Downtown PAGE 12
CITY GOVERNMENT
RiversEdge is seeking millions more in incentives Photo by Karen Brune Mathis
The water-damaged and stained ceiling at Regency Square Mall outside the Bath & Body Works store near the center of what remains opens in the east wing of the mall Sept. 29. The mall owners say they have a contract to sell the property, but would not say who the buyer is.
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Lawmakers tell ownership they want it to fix the nearly vacant, leaking mall or leave. BY KAREN BRUNE MATHIS EDITOR
A
fter two people elected to represent the Arlington area called for owners to fix Regency Square Mall, the real estate company announced it will sell the 56-year-old shopping center to an undisclosed buyer. “The company has recently finalized a contract for the sale of Regency Square Mall. More information will be provided as the buyer’s identity becomes public,” said a statement Oct. 2 from a representative of Namdar Realty Group in Great Neck, New York,
which has owned the property for almost a decade. The representative did not provide more information about the identity or potential use of the mall under new ownership or when the sale will be completed. Regency Square Mall is at 9501 Arlington Expressway, at Southside Boulevard, Atlantic Boulevard and the expressway. It is a single-story building, except for the department stores, running east to west on the site. In an Oct. 3 response to a Sept. 8 letter from District 4 Florida Sen. Clay Yarborough, Namdar COO SEE MALL, PAGE 6
THE BASCH REPORT
GuideWell reveals revenue
Photo by Karen Brune Mathis
The entrance to Regency Square Mall at 9501 Arlington Expressway, at Arlington Expressway and Atlantic Boulevard.
GuideWell Mutual Holding Corp., the parent company of health insurer Florida Blue, says its annual revenue is now $30 billion. PAGE 8 HEALTH CARE
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RETAIL
Chanel planning boutique in St. Johns Town Center The London-based luxury fashion brand appears to be working toward opening a Fragrance and Beauty Boutique in a space now occupied by Steve Madden. PAGE 3
Medical building for Seven Pines Halo Precision Diagnostics will anchor a new 50,000-square-foot office buillding planned for the Seven Pines masterplanned community. PAGE 5
VOLUME 110, NO. 47 | TWO SECTIONS | PUBLISHED SINCE 1912