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Illyria Properties Acquires Iconic Hutchinson-Suddath Building

Exterior view of the Hutchinson-Suddath Building in Jacksonville

Jacksonville, Florida, January 10, 2026

Illyria Properties 8 LLC has acquired the historic Hutchinson-Suddath Building in Jacksonville for $2.5 million. This architectural landmark, constructed in 1910, is set to undergo revitalization, blending its rich history with modern upgrades. Key plans include the transformation of upper floors into residential apartments and social spaces, such as a country-themed club, contributing to the ongoing economic growth of Downtown Jacksonville.

Jacksonville, Florida

Illyria Properties Acquires Iconic Hutchinson-Suddath Building

In an exciting development for Jacksonville’s business landscape, Illyria Properties 8 LLC has successfully acquired the historic Hutchinson-Suddath Building located at 315 E. Bay St. for $2.5 million. This four-story, 20,000-square-foot architectural gem, which currently houses Keane’s Tavern on the ground floor, has been an integral part of the city’s history since it was constructed in 1910 for the Hutchinson Shoe Company. The acquisition marks a new chapter, where traditional architecture meets modern entrepreneurial vision.

The majority of the Hutchinson-Suddath Building’s storied past was under the ownership of the Suddath family, who maintained the property for an impressive 95 years. Illyria Properties aims to revitalize the space, integrating its historic elements with modern upgrades. This approach exemplifies how local entrepreneurs are committed to preserving cultural heritage while fostering economic growth in Downtown Jacksonville.

Historical Significance of the Hutchinson-Suddath Building

The Hutchinson-Suddath Building is not merely a structure; it stands as one of the early examples of reinforced concrete construction in the United States. Recognized for its historical significance, the building was added to the U.S. National Register of Historic Places on October 3, 2007. Over the decades, it has served various purposes and businesses, including being the longtime home of the Suddath Company since 1931, a major player in the moving and logistics industry.

Illyria Properties and Their Vision

Illyria Properties 8 LLC is already known for its dedication to breathing new life into historic properties in Jacksonville. Their portfolio includes Decca Live and SIP Cocktail Bar located at 323 E. Bay St., as well as Dua Restaurant & Lounge at 8532 Baymeadows Road. With the acquisition of the Hutchinson-Suddath Building, their vision includes restructuring the upper floors. Potential plans for the second floor feature a country-themed club or a vinyl listening room, while the two floors above are expected to be converted into modern apartments.

Enhancing Downtown Jacksonville

The revitalization of the Hutchinson-Suddath Building aligns with the city’s broader efforts to enhance Downtown Jacksonville. As more businesses choose to invest in this area, the local economy stands to gain from increased foot traffic and a diverse range of entertainment options. With a focus on community involvement and limited regulation, the potential for growth in Jacksonville remains promising.

The Role of Local Businesses in Economic Growth

Investments by local entrepreneurs such as Illyria Properties display a commitment to Jacksonville’s economic prosperity. The revitalization of the Hutchinson-Suddath Building not only preserves its historical significance but also taps into the growing trend of urban living. The addition of apartments above vibrant commercial spaces encourages a live-work balance that appeals to younger demographics.

Call to Action

As Jacksonville continues its journey toward economic revitalization, community support for local businesses and understanding their importance becomes crucial. Residents are encouraged to embrace and support initiatives that foster economic growth and preserve the rich history of Jacksonville.

FAQ

What is the Hutchinson-Suddath Building?
The Hutchinson-Suddath Building is a historic four-story, 20,000-square-foot structure located at 315 E. Bay St. in Jacksonville, Florida. Constructed in 1910 for the Hutchinson Shoe Company, it was added to the U.S. National Register of Historic Places on October 3, 2007. The building has been a significant part of Jacksonville’s history, housing various businesses over the years, including the Suddath Company, which operated from the building since 1931. The building is currently home to Keane’s Tavern on the ground floor.
Who is Illyria Properties 8 LLC?
Illyria Properties 8 LLC is a Jacksonville-based company known for revitalizing historic properties in the area. They also own Decca Live and SIP Cocktail Bar at 323 E. Bay St., and Dua Restaurant & Lounge at 8532 Baymeadows Road. Their vision for the Hutchinson-Suddath Building includes integrating its historic elements with modern upgrades, ensuring the building’s integrity and cultural value are maintained.
What are the plans for the Hutchinson-Suddath Building?
Illyria Properties 8 LLC plans to repurpose the upper floors of the Hutchinson-Suddath Building. The second floor is being considered for conversion into a country-themed club or vinyl listening room, while the top two floors are slated to be converted into apartments. These plans aim to breathe new life into the space, contributing to the ongoing revitalization of Downtown Jacksonville.
What is the historical significance of the Hutchinson-Suddath Building?
The Hutchinson-Suddath Building, constructed in 1910, is one of the earliest examples of reinforced concrete construction in the nation. It was added to the U.S. National Register of Historic Places on October 3, 2007. The building has been a significant part of Jacksonville’s history, housing various businesses over the years, including the Suddath Company, which operated from the building since 1931.
What is Keane’s Tavern?
Keane’s Tavern is a restaurant and nightlife venue located on the ground floor of the Hutchinson-Suddath Building at 315 E. Bay St. in Jacksonville, Florida. It was formerly known as Justice Pub and has been part of the building’s recent revitalization efforts.

Feature Details
Building Name Hutchinson-Suddath Building
Location 315 E. Bay St., Jacksonville, Florida
Acquisition Date January 9, 2026
Acquisition Price $2.5 million
Building Size 20,000 square feet
Number of Floors Four
Current Tenant Keane’s Tavern (formerly Justice Pub)
Historical Significance Added to the U.S. National Register of Historic Places on October 3, 2007
Construction Year 1910
Original Purpose Constructed for the Hutchinson Shoe Company
Previous Owner Suddath family (owned for 95 years)
Future Plans Repurpose upper floors into a country-themed club or vinyl listening room, and convert top two floors into apartments

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STAFF HERE JACKSONVILLE WRITER
Author: STAFF HERE JACKSONVILLE WRITER

The JACKSONVILLE STAFF WRITER represents the experienced team at HEREJacksonville.com, your go-to source for actionable local news and information in Jacksonville, Duval County, and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the area—with deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as the Jacksonville Jazz Festival, Riverside Arts Market, and World of Nations Celebration. Our coverage extends to key organizations like the Jacksonville Chamber of Commerce and JAXUSA Partnership, plus leading businesses in logistics, healthcare, and entertainment that power the local economy such as CSX Corporation, Baptist Health, and VyStar Credit Union. As part of the broader HERE network, including HEREOrlando.com, HEREStPetersburg.com, HERETallahassee.com, and HERETampa.com, we provide comprehensive, credible insights into Florida's dynamic landscape.

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