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Amkin Hill Street LLC Explores Office-Warehouse Redevelopment in Jacksonville

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Aerial view of an industrial redevelopment site in Jacksonville

News Summary

Amkin Hill Street LLC is considering a redevelopment project on 9.7 acres in Jacksonville, focusing on an office-warehouse complex with 20,000 square feet of office space. This proposal follows a request submitted to local utilities, though no formal agreements are yet in place. The area consists of 17 parcels, with ongoing interest highlighted by recent acquisitions and city approvals for various projects in the industrial corridor.

Jacksonville – The Miami-based Amkin Hill Street LLC is considering the redevelopment of approximately 9.7 acres of land in Jacksonville for an office-warehouse project, known as the Amkin Talleyrand Office/Warehouse. This announcement comes after a service availability determination request was submitted to the city utility, JEA, signaling the project’s early exploration phase. It should be noted that no formal agreement has been reached or is under negotiation at this time.

The redevelopment site consists of 17 parcels and is surrounded by prominent landmarks such as the Mathews Bridge, Talleyrand Avenue, Wambolt Street, and Hill Street. Currently, the area comprises vacant industrial properties along with several existing buildings. Notably, the land where the former Ford plant was demolished in 2023 is not included in this proposal.

The request submitted for project consideration was made by Goodson Bergen & Associates Consulting Engineers Inc., based in Jacksonville. The proposed office-warehouse complex would feature 24 bay doors and encompass around 20,000 square feet of office space.

As it stands, Amkin Hill Street LLC is primarily controlled by investor Ramon Llorens from Miami. Out of the 17 parcels involved in the redevelopment plans, two are owned by a Jacksonville-based investor. Additional developments in the area include the recent acquisition of the former Chevron petroleum products terminal by Center Point Terminal Co.. The terminal was purchased for nearly $21 million, reflecting the growing interest in this industrial zone.

Center Point Terminal Co., located in Clayton, Missouri, operates a network of terminals throughout the East and Gulf Coasts and the Midwest. The transaction for the property at 3117 Talleyrand Ave. comprised 26 acres and 14 buildings, with its taxable value estimated at $6.4 million in 2012. Following the acquisition, Center Point Terminal intends to retain the three full-time employees who were previously employed by Chevron.

The recent acquisition of the Chevron terminal aligns with a broader trend of major oil companies divesting their terminal operations, a move that also includes the recent sale of a petroleum storage terminal by BP Products North America in North Jacksonville.

The City of Jacksonville has also recently approved various projects that reflect ongoing development in this industrial corridor. This includes a building permit for a new GO Pull-It self-service facility on Commonwealth Avenue, with a projected investment of $4.5 million, expected to generate approximately 12 to 15 jobs. This facility will represent the first phase of a larger development planned for a 50-acre site, which is aimed at future expansion.

Additionally, Augustine Kenan LLC has purchased land within Flagler Center to build a new 7-Eleven convenience store and fuel service, costing $525,000. In addition, Publix Super Markets is set to renovate its retail outlet on Merrill Road, with an estimated expenditure of $517,838.

Further developments span a variety of businesses, with recent city approvals also covering build-outs for Great Clips and O’Charley’s Restaurant & Bar at several locations, indicating a robust and active growth period for retail and service enterprises in the Jacksonville area.

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