Nick Chop Commercial Appraisals

Commercial real estate valuation throughout North Florida.

Intuition Ale Works Going to Downtown Jacksonville?

Intuition Ale WorksIntuition Ale Works – Downtown Jacksonville

As a proud original Mug Club member, I enjoy my visits to Intuition Ale Works in Riverside area of Jacksonville (720 King Street).  I had heard of the possibility of Intuition opening in Springfield area of Jacksonville.  Although this would be wonderful for Springfield, I was thinking, ‘why not Downtown Jacksonville?’.  After the absolute failure of the original Shipyards proposed development next to EverBank Field along the St. Johns River, why not a local, successful business.

Jacksonville’s reputation has always been that everything is so spread out.  Travel to the beaches from the west side of Jacksonville and it is a 40 – 50 minute drive.  Downtown Jacksonville is a microcosm of this.  Consider at the extreme west portion of Downtown Jacksonville is the Convention Center, further east is the Landing and the Times-Union Center for the Performing Arts, further east is the Florida Theatre and much further is the Sports Complex with EverBank Field, Veterans Memorial Arena and the Baseball Grounds.  There are also many bars and restaurants, but again spread out.  Seems East Bay Street is the closest (100 block through 300 block) to creating the synergy needed for success.  Why not create something special, somewhere you can actually walk to a baseball/football game or go to a concert after having dinner?  The Shipyards location is ideal.

Downtown Jacksonville – creating synergy with multiple businesses

This isn’t only about Intuition Ale Works. Brewery row along with restaurants could make up this area.  Make Downtown Jacksonville fun, and people will come.  Put some savvy, successful business owners at the old site of the Shipyards and it will be a success.  Certainly this success will pour over into selling some Jaguar seats.  I shiver at the cost of taxpayer money that went into the original Shipyards development, but what’s worse is doing nothing.  The current use as a grass parking lot is creating no tax base – here is a golden opportunity Jacksonville, take it.

Jacksonville Shipyards Location Map

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Contact Nick Chop, MAI Appraiser

Jacksonville real estate appraiser with commercial appraisal services including the valuation and consultation of retail, office, restaurants, industrial, convenience stores, vacant land, other uses and eminent domain appraisal.

Best Buy Jacksonville stores to remain

Jacksonville Best Buy

Best Buy is closing fifty stores nationwide, but only two in Florida are closing (Tampa and Fort Myers). Best Buy Jacksonville has five locations in Jacksonville. Good news, I think many people are running out of ideas for 50,000 SF empty buildings.  California, Illinois and Minnesota led all states with six stores closing.  Not sure what Jacksonville would do with multiple empty spaces this large.

Nicholas Chop, MAI is a Jacksonville, Florida commercial real estate appraiser. He has 20 years commercial real estate appraisal experience and has worked in many counties throughout Florida. Click for more information on Nick or contact information.