Vol. 97, No. 175
Thursday, September 2, 2010
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2005 December 5th
12/5/2005 headlines...

Christmas stalls Peterbrooke talks

The Christmas season might be, as one song suggests, “the most wonderful time of the year.” But it’s a lousy time for a chocolate maker like Peterbrooke to negotiate a real estate deal with the City of Jacksonville.

Peterbrooke Chocolatier President Peter Behringer said Friday that substantial negotiations with the City over the suddenly available Haydon Burns Library will likely have to wait until the end of the year when the business demands of the Christmas season subside.

The Atkins Group had been slated to develop the City’s former main branch library but backed out after six months of negotiations with the City. That put Peterbrooke next in line. The chocolate maker’s bid finished second to Atkins.

The building’s sudden availability came as a surprise to Behringer.

“I was surprised that this popped back up,” he said. “It’s interesting timing for us.”

Peterbrooke offered $1.5 million for the building, which it planned to turn into a headquarters of sorts for its growing franchise business. The project would have included a retail store, museum and manufacturing facilities.

Peterbrooke is still interested in the project, said Behringer, but it could be a trimmed-down version. After losing out to Atkins, the chocolate maker changed its business model, dispersing some of its manufacturing to franchises. The factory component of the project is no longer necessary, he said.

The $1.5 million offer could also change. Behringer said Peterbrooke’s leadership would review the project’s financing before entering negotiations with the City.

Behringer is already talking with top Jacksonville Economic Development Commission officials. Behringer talked by phone Friday with JEDC Executive Director Ron Barton. But substantive negotiations will likely have to wait until the new year, said Behringer.

Not that Behringer’s calender is wide open in January. Valentine’s Day in February might be busier than Christmas, he said. The two holidays account for almost half of the chocolate maker’s annual sales.

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