The June expects soft opening this summer

Live Oak Contracting is renovating the private Downtown NorthCore club in the historic Federal Reserve Building.


A rendering of the interior of The June, a members-only club being built-out in the historic former Federal Reserve Building at 424 N. Hogan St. Developer Britt Morgan-Saks and renovator Live Oak Contracting offered an update on the project on March 31, saying a soft opening is expected in coming weeks.
A rendering of the interior of The June, a members-only club being built-out in the historic former Federal Reserve Building at 424 N. Hogan St. Developer Britt Morgan-Saks and renovator Live Oak Contracting offered an update on the project on March 31, saying a soft opening is expected in coming weeks.
Courtesy of Ward + Gray
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The June members-only club being built-out Downtown expects a soft opening this summer and a grand opening in September.

“With construction and a project of this complexity and the level of finish and execution, it’s taken a little bit longer,” developer Britt Morgan-Saks said during a project update interview March 31.

Morgan-Saks, founder and CEO of The June, and her investment group leased the historic former Federal Reserve Building at 424 N. Hogan St. in the Downtown NorthCore. The 104-year-old, 19,420-square-foot structure comprises three floors and a basement, which all are expected to be used by the club.

Morgan-Saks and her group were aiming for a year-end 2025 opening of the club in the National Historic Landmark Building.

Live Oak Contracting of Jacksonville is handling renovations.

The former Federal Reserve Building at 424 N. Hogan St., which comprises three floors and a basement, is leased to The June. The city of Jacksonville issued permits for initial build-out of the members-only club in February 2025.
The former Federal Reserve Building at 424 N. Hogan St., which comprises three floors and a basement, is leased to The June. The city of Jacksonville issued permits for initial build-out of the members-only club in February 2025.
Courtesy of Ward + Gray

The city issued permits Feb. 26-27, 2025, for the initial build-out, renovation and adaptive reuse of the structure, constructed in 1922, at a project cost of $6.4 million. “We’re working into finishes on all floors,” Live Oak founder and CEO Paul Bertozzi said during the update.

He said millwork has begun and his team will be mobilized in the next few weeks for the next phase, including the bars and the booths in the dining areas. 

“We’re looking for basically April to have that work predominantly completed,” Bertozzi said.

Morgan-Saks credited landlord and building owner JWB Real Estate Capital of Jacksonville for the initial work on the building to launch the multiyear renovation.

To prepare for the grand opening, she said The June would introduce preliminary hours and them ramp up. Hours are expected to range from 8 a.m. to as late as 1 a.m., depending on the day.

“These hours are subject to change as we continue to scale operations. Updated and final hours will be announced closer to our official opening,” she said.

Membership, investment

Morgan-Saks said membership is approaching 500 with a list of about 2,000 interested applicants. She said there is no member limit “at the moment” but that her group is being “really, really intentional and discerning about building that community.”

Britt Morgan-Saks
Britt Morgan-Saks

She said the goal is making sure members have a great experience.

Morgan-Saks said the membership reflects a diversity of ages, geography, industries and interests. 

“It’s taking that really thoughtful approach to building a community of people who wouldn’t otherwise or haven’t otherwise known each other,” she said.

She considers The June as a “convening place for people in Jacksonville who are helping to shape the city.”

The June and Morgan-Saks gained the attention of The Wall Street Journal in fall 2025.

An article published Sept. 30 said the club was expected to open in late fall with more than 450 members, including Jacksonville Jaguars quarterback Trevor Lawrence and Shanna Khan, the daughter of Jaguars’ owner Shad Khan and a part-owner of the team.

The Journal also reported what was previously undisclosed – the membership fees.

It reported members can join The June for an initiation fee starting at $5,000, plus monthly dues of at least $425, depending on membership tier.

A rendering of The Cafe at The June members-only club. The club is being built-out in the Federal Reserve Building at 424 N. Hogan St.
A rendering of The Cafe at The June members-only club. The club is being built-out in the Federal Reserve Building at 424 N. Hogan St.
Courtesy of Ward + Gray

Morgan-Saks said March 31 that LFI Real Estate of Mokena, Illinois, a Chicago suburb, has been brought on as an investor. The lfirealestate.com site says it was introducing “our latest strategic investment in The June.”

It did not state the extent of its investment.

Best known as Location Finders International, the group, founded in 1973, says it is a vertically integrated real estate development firm that has “grown into a nationally recognized company focused on the acquisition, development, and execution of innovative commercial real estate solutions.”

It says LFI’s portfolio encompasses more than 1.25 million square feet across more than 150 properties in 16 states, “with a strong concentration in the Chicagoland area.”

Asked about the expected overall investment in the project, Morgan-Saks said that will be known over time. “Fortunately, we are well positioned and have been able to meet our goal and to bring everything to fruition,” she said.

If the 500 members pay the initiation fee of $5,000 as reported by the WSJ, that totals $2.5 million. Ongoing monthly dues would generate about that much annually for operations and capital investment.

The June vision recap

Morgan-Saks moved to Jacksonville with her family from Brooklyn, New York, in 2020 and said she decided her new home needed an exclusive venue similar those available in larger cities. She registered The June Group with the state in December 2022.

Christian Harden, co-CEO of the Jacksonville-based NAI Hallmark real estate firm, represented The June in the lease and site selection.

Christian Harden
Christian Harden

“This venue reflects our vision for a premier destination for modern hospitality, elevated dining experiences and dynamic entertainment, contributing to the revitalization of culture, commerce, and community in the area,” Morgan-Saks said in a statement to the Daily Record in October 2024.

Morgan-Saks said she had assembled a team to develop and operate the club, including the New York City-based Ward + Gray interior design firm to design the venue.

The June Club says at thejune.club that it is “a next-generation hospitality company, community, and private members club, creating an elevated and modern experience of belonging in Emerging Gateway Cities.”

The Federal Reserve Building at 424 N. Hogan St. in Downtown Jacksonville is planned for the members-only The June club.
The Federal Reserve Building at 424 N. Hogan St. in Downtown Jacksonville is planned for the members-only The June club.

It says The June will create “a city-centric, regionally-focused modern members club whose members are united by the love of their current locale and by a desire to enhance it beyond imagination.”

It has a contact form for people with membership, general media and technical questions.

The building

The structure is at Hogan and Church streets near City Hall. It is part of the Gateway Jax umbrella of about 25 blocks Downtown, primarily assembled by JWB Real Estate Capital.

JWB paid more than $2.4 million for Hogan and Church street properties in August 2020, comprising $1.75 million for the Federal Reserve Building and $675,000 for the neighboring Florida Baptist Convention structure at 218 W. Church St.

Florida Baptist Convention Building at 218 W. Church St.
Florida Baptist Convention Building at 218 W. Church St.

JWB planned an $18.55 million redevelopment of the buildings and the Jacksonville City Council approved an $8.6 million incentives package in 2021 for their restoration.

JWB intended to build-out restaurant, business and event space at the Federal Reserve Building.

Morgan-Saks leased it, and the city approved the permits for the $6.4 million project.

Plans include a lounge area around a piano in the basement, The Grille dining area on the ground floor, seating areas, a bar and private dining on the second floor, a library-style seating area on the mezzanine, and a lounge and table seating, a bar and a kitchen on the top floor.

 

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