FEBRUARY 29 TO MARCH 6, 2024 | JAXDAILYRECORD.COM
BUSINESS & LEGAL NEWS IN BAKER, CLAY, DUVAL, NASSAU AND ST. JOHNS COUNTIES
REGENCY SQUARE MALL: A DECADE OF DECLINE
Photo by Karen Brune Mathis
Trash containers are positioned to capture rainwater leaking from the ceiling at Regency Square Mall. For more photos of the shopping center, visit JaxDailyRecord.com.
A company controlled by Namdar Realty Group bought the shopping center 10 years ago. Soon, just four tenants will remain open within a space that once held more than 100.
BY KAREN BRUNE MATHIS EDITOR
I
t was 10 years ago, in February 2014, that a New York-based investment group bought most of Regency Square Mall, which opened 47 years before to become the area’s first large enclosed regional mall. Developed prominently at Atlantic Boulevard, Monument Road and the Arlington Expressway, Regency Square commanded the area’s retail attention.
SUBSCRIBE NOW!
ONLY 5 $
FOR 2 MONTHS CALL TODAY 877-231-8834
or email subscriptions@jaxdailyrecord.com
INTRODUCTORY OFFER
Times changed. Just as Regency siphoned shoppers and stores from Downtown, new centers in growing areas of the city did the same to the Arlington mall. The decade has been rough on the mall as well, as more retailers left and owners eventually racked up more than $1 million in city fines for code compliance issues. Today, the struggling center at 9501 Arlington Expressway is under SEE REGENCY, PAGE 6
Photo by Karen Brune Mathis
The entrance to Regency Square Mall at 9501 Arlington Expressway,
THE MATHIS REPORT
THE BASCH REPORT
Allstate Campus could see housing added
Year two begins for FIS CEO
Owner Trevato Development Group has branded its 30-acre Allstate Campus office park as The Pondry and a marketing brochure also hints that residential uses are possible. PAGE 4
Stephanie Ferris says she believes the Jacksonvillebased financial technology company is back on track. PAGE 10
VOLUME 111, NO. 16 | TWO SECTIONS | PUBLISHED SINCE 1912