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Collins Walmart a $7.8M project

By Karen Brune Mathis, Managing Editor

A new Walmart Supercenter at Collins Road in Southwest Jacksonville is a $7.8 million construction project.

The 194,574-square-foot store will be built at 7075 Collins Road, just off the Interstate 295 West Beltway, according to building plans in review at the city. Those plans list the job cost.

Olsen Farms LLC is shown as the property owner.

As reported Feb. 12, Gatlin Development Co. Inc. filed site plans for its proposed 44-acre Collins Crossing in Southwest Jacksonville at northwest Collins Road and I-295 that will be anchored by the Walmart Supercenter. The project also is called Collins Plaza at gatlindc.com.

The Daily Record said then that groundbreaking could take place during the second quarter, which ends June 30. Walmart already has 15 area Supercenters.

Site plans filed with the city indicate that the Collins project will comprise the Walmart, three flex-retail buildings totaling 29,700 square feet and three outparcels of 1.3 to 2 acres.

The property is owned by Park City Farms LLC and Olsen Farms LLC, whose manager is real-estate company Thomas Dumas Inc.

Meanwhile, Fort Lauderdale-based Gatlin is converting the former Food Lion at Wilson Square into a Walmart Neighborhood Market, which would be Gatlin’s fifth in the area.

Neighborhood Markets are Walmart grocery stores. About 40,000 square feet in size, they offer groceries, pharmacy services and household goods, but are much smaller than Walmart Supercenters.

GDC Wilson LLC bought the Wilson Square center, at 6855 Wilson Blvd., on March 25 for $2.7 million. First Tennessee Bank issued a $2.87 million mortgage.

An amended and restated mortgage recorded Monday with the Duval County Clerk of Court for $2.33 million explained that Landmark Bank of Fort Lauderdale bought the loan from First Tennessee Bank, and the loan was modified to a principal amount of $5.2 million.

The $2.33 million represents a future advance.

Gatlin, through GDC Wilson LLC, bought the 8.8-acre shopping center from Wilson Square LLC of Hallandale. The almost 76,500-square-foot center includes the almost 40,000-square-foot supermarket building.

Gatlin paid $2.7 million for the property in late March. First Tennessee Bank issued a $2.87 million mortgage.

An amended and restated mortgage recorded Monday with the Duval County Clerk of Court for $2.33 million explained that Landmark Bank of Fort Lauderdale bought the loan, along with the original note, mortgage and loan documents, from First Tennessee Bank, and the loan was modified to a principal amount of $5.2 million.

The $2.33 million represents a future advance.

$12M duPont Center project OK’d

The city approved the permit Monday for Danis Builders LLC to renovate the former Haydon Burns Library Downtown to become the Jessie Ball duPont Center at a job cost of $12 million.

The permit calls for renovations to all three floors and the basement into office space for philanthropic and nonprofit organizations.

The enclosed area is 129,624 square feet.

Interior demolition and exterior preparations have been ongoing at the duPont Center, in the Northbank core at 122 N. Ocean St.

The 49-year-old concrete building was purchased by the Jessie Ball duPont Fund, which expects a $21 million redevelopment cost. Completion is expected in mid-2015.

UPS adding trailer parking

The UPS distribution center in West Jacksonville wants to build about 10 acres of concrete pavement for a trailer staging area. The center, at 4420 Imeson Road, sits on almost 105 acres. The more than 550,000-square-foot center was built in 1989. Genesis is the project agent. The St. Johns River Water Management District is reviewing the project.

Southeast Toyota adding service building

Southeast Toyota Distributors LLC filed plans with the St. Johns River Water Management District to add a 20,000-square-foot services building at its Westlake Industrial Park processing and distribution center at 9985 Pritchard Road.

Southeast Toyota owns almost 251 acres at the West Jacksonville industrial center. Property records show it owns 14 building totaling about 350,000 square feet of space.

Brumos seeks rezoning

Brumos Motor Cars Inc. and S.D.S. Autos Inc. are asking the city to rezone 9.9 acres at 131 Lee Road in Arlington, north of Atlantic Boulevard, for parking and inventory storage.

The rezoning, from Planned Unit Development and Residential Medium Density-A to Planned Unit Development, would allow a unified development for an automobile dealership and ancillary uses including employee parking and automobile inventory storage.

Brumos operates Porsche, Lexus and Mercedes-Benz dealerships along Atlantic Boulevard, east of Regency Square Mall and west of St. Johns Bluff Road.

Bethelite sold along Arlington Expressway

The old Thunderbird Motor Hotel along the Arlington Expressway has changed hands again. Bethel Baptist Institutional Church Inc. sold the 18.8-acre property at 5865 Arlington Expressway to TIE 2009 Investments LLC for $1.25 million.

The church sold the 50-year-old hotel property, which was known as the Bethelite Hotel & Conference Center, on May 9 to the TIE group, whose manager, AR Real Estate Developments Inc., is based in Aventura.

Bethelite Inc. sold the hotel to the church in 2006 for $5.1 million.

Bethelite, formed by Bethel Baptist leaders in March 2003, bought the property for $2.65 million in September 2003 from Jax Hotel Inc. of Dallas. The property had been sold several times before that.

It had operated as the Ramada Inn Conference Center but was closed when it was sold to Bethelite.

Property records show the site comprises 11 buildings and almost 300 hotel rooms.

The property is at northeast Arlington Expressway and University Boulevard North, next to the Town & Country Shopping Center. Both the motel and the shopping center opened when Arlington was a growing residential and commercial suburb for Downtown executives, attracting visitors, tourists and business meetings.

For some years, the hotel operated as the popular Thunderbird Dinner Theatre and Thunderbird Motor Hotel.

Retail projects

• Swim ’n Sport is preparing to build-out space in the new Nordstrom wing at St. Johns Town Center. The city is reviewing plans for tenant build-out for a 1,500-square-foot store at 4828 River City Drive. It’s a $100,000 project. The Miami-based retailer sells designer swimwear for women. It was founded in 1954.

• The Avenues South shopping center at 11035 Philips Highway is slated for a $30,000 storefront renovation. The city is reviewing plans for the project, owned by Gates of The Avenues South LLC, which bought the 26,500-square-foot center May 8 for $1.53 million. Hakimian Family Limited Partnership is the manager of the Gates of The Avenues South. The center, sold by HD Enterprises LLP of Green Cove Springs, was built in 1998 and assessed for tax purposes at $1.82 million by the Duval County Property Appraiser’s Office.

• Dollar Tree Stores Inc. paid $1 million for the 1.66-acre site at 1631 University Blvd. S, where the Chesapeake, Va.-based chain intends to build a store. ABC Properties Ltd. sold the property and a 7,000-square-foot building on May 14 to Dollar Tree, which intends to demolish the 44-year-old building and develop a 9,973-square-foot store. The site formerly was an ABC Fine Wine & Spirits.

• The Express Oil Change under review at River City

Marketplace is shown as a $350,000 construction project. The 4,835-square-foot shop is planned at 15202 Max Leggett Parkway.

• A retail-office project is planned at 7741 Point Meadows Drive on an outparcel along Gate Parkway, Beemer & Associates XXXII LLC is the owner of the property. Doherty Sommers Architects Engineers Inc. is the architect, according to plans filed with the St. Johns River Water Management District.

kmathis@baileypub.com

@MathisKb

(904) 356-2466

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