EverBank laying off 302 in response to loan declines
Wed, 11 Dec 2013 23:58:09 +0000
EverBank is laying off 302 employees in Jacksonville, the company confirmed Wednesday.
Michael Cosgrove, vice president of corporate communications, said 194 positions in mortgage servicing have been eliminated because of the bank’s recent agreement to sell a piece of its mortgage-servicing business to Green Tree Servicing.
Those employees were informed last week, he said, and Feb. 28 will be their last day.
Tax-credit OK may boost development of Laura Street Trio downtown
Wed, 11 Dec 2013 22:49:21 +0000
The developer of the Laura Street Trio downtown has received the okay to sell federal tax credits in order to raise capital to invest in that project and others.
It’s complicated, with lots of names, but here is what has happened:
SouthEast Community Development Fund, a subsidiary of SouthEast Development Group, has received certification as a Community Development Entity from the Community Development Financial Institutions Fund. That certification allows it to receive tax credits under the fund’s New Markets Tax Credit Program.
U.S. Airways, American Airlines service at Jacksonville airport unlikely to change
Wed, 11 Dec 2013 22:17:16 +0000
As separate airlines, U.S. Airways and American Airlines sent two dozen flights in and out of Jacksonville each day. Now that the two have merged to form the world’s largest airline, where does that leave Jacksonville International Airport?
American Airlines, as the new company will be called, will not end service to any of the cities that it currently serves, a spokesman said. In fact, the settlement approved in court specifically lists JIA along with 14 other Florida airports, as being guaranteed daily scheduled service for at least the next five years.
Candace Moody: Arrest record a tough hurdle in job hunting
Wed, 11 Dec 2013 00:23:48 +0000
A 2011 report from the National Employment Law Project estimates that 65 million Americans — almost one in four — have an arrest record that would show up on a criminal background check. A criminal record, especially a felony conviction, presents a significant challenge for people looking for a job during a tight labor market. Ninety-two percent of employers surveyed in 2012 say they run a criminal background check on prospective new hires, making it very likely that past history will be a significant barrier to employment.
Amelia River Cruises a dream job for Fernandina businessman
Wed, 11 Dec 2013 00:11:10 +0000
Kevin McCarthy is no stranger to the nautical life and the rigors that are involved, so he acknowledged that played a role in his decision to open Amelia River Cruises & Charters 13 years ago.
Rather than a life on the high seas battling wind and waves for fish, McCarthy instead chose to mount a business that showcased the natural environment and rich history off the northern end of Amelia Island near Fernandina Beach and the southern reaches of waterways running around the coastal islands of Southern Georgia.
Jacksonville roofer cited by OSHA
Tue, 10 Dec 2013 19:05:05 +0000
A Jacksonville roofing company has been cited by the federal Occupational Safety and Health Administration for alleged safety violations. OSHA has proposed penalties of $48,000 against North Florida Roofing & Repair.
According to OSHA, the company failed to make sure workers were using fall protection and were using safety glasses while operating a nail gun.
Office Depot picks Boca Raton for headquarters
Tue, 10 Dec 2013 18:51:37 +0000
BOCA RATON — Office Depot has picked Boca Raton for its global headquarters, choosing that location over the Illinois home of its merger partner OfficeMax.
Last month Office Depot Inc. and OfficeMax completed their $1.2 billion merger and took the name Office Depot. OfficeMax was based in Naperville, Ill., while Office Depot’s headquarters are in Boca Raton.
In mid-November, Office Depot named Roland Smith as its new CEO and said he would help to decide where the combined company would be based.
Laura Street shut down today in front of MOCA for film shoot
Tue, 10 Dec 2013 18:23:53 +0000
Part of North Laura Street in front of Jacksonville’s Museum of Contemporary Art will be closed intermittently from 2 p.m. to 6 p.m. Tuesday so a television commercial for Chase Bank can be filmed.
The project at 333 North Laura St. will cause occasional closures between Church and Monroe streets, detours handled by the Jacksonville Sheriff’s Office.
Spencer named president, CEO of Jacksonville Bancorp
Tue, 10 Dec 2013 16:40:43 +0000
Jacksonville Bancorp, the holding company for The Jacksonville Bank, announced Tuesday that Kendall L. Spencer has been appointed president and chief executive officer. Before joining the bank earlier this year, Spencer, 61, was executive vice president and senior commercial banker of Florida Citizens Bank.
Donald F. Glisson, who had been the company’s interim executive officer, has been named executive chairman.
Roger Bull: (904) 359-4296
New St. Augustine Distillery produces first batch of liquor
Tue, 10 Dec 2013 12:25:31 +0000
The first spirits to be distilled in St. Augustine on Monday morning would be unpalatable to the average drinker, but they couldn’t have been sweeter to Brendan Wheatley.
The head of production at the yet-to-open St. Augustine Distillery was finally able to taste the first batch of liquor made on site. And even though it was a “raw” or unaged bourbon that won’t be finished for four years, Wheatley could tell that he’s got it right.
“We’re definitely on our way,” he said shortly after having a nip of the clear liquor.
Workshop: A better Landing is vital to improving downtown
Tue, 10 Dec 2013 03:21:28 +0000
The name of Monday’s night’s workshop on The Jacksonville Landing was “Making waves, realizing a world-class waterfront.”
And that theme came up often, starting with Mayor Alvin Brown talking about his desire to make Jacksonville a world-class city.
“Can you imagine a Macy’s, Lord & Taylor and Saks downtown,” he said. “Can you see a 24-hour downtown Jacksonville?”
“The Landing is the key,” he said, “But we all know that the Landing has not met its full potential. The question is how best to design the new Landing.”
Mon, 09 Dec 2013 23:18:37 +0000
Prudential Network Realty announces leadership changes at its Fleming Island and Mandarin branch offices.
Prudential Network Realty’s Linda Benson is the new branch manager at the Fleming Island office. Prudential Network Realty Manager Rebecca Stoneback will now manage the company’s office in Mandarin.
Jacksonville dentist Jason Lewis was installed as president of the 1,800-member Florida Academy of General Dentistry at the state meeting of the organization Nov. 1. Lewis will serve for the next year.
Building permits at fastest pace since 2006
Mon, 09 Dec 2013 19:49:50 +0000
The number of single-family permits issued in November dropped a bit from October, but it usually does this time of year. And it was still the busiest November since 2006.
A total of 472 permits were issued in the four Northeast Florida counties last month, according the Northeast Florida Builders Association. That’s down from 494 in October, but above the 394 issued November 2012. In November 2010, at the depth of the housing stall, only 187 were issued.
In November 2005 though, at the height of the boom, 1,086 were issued.
Gas prices drop back down
Mon, 09 Dec 2013 19:28:47 +0000
Gas prices slipped down a bit in the Southeast after rising refinery problems disrupted supplies leading up to Thanksgiving.
The average price of a gallon of regular gas dropped from $3.45 to $3.42 in Florida over the last week, according to AAA’s weekly report. In Jacksonville, it dropped from $3.39 to $3.37.
Nationally, it went from $3.27 to $3.26. Georgia prices dropped 3 cents to $3.22.
AAA predicted that prices could go up as the cost of crude increases on positive economic news and the increased demand for heating oil.
Roger Bull: (904) 359-4296
Nearing completion, high expectations for Riverside development
Mon, 09 Dec 2013 03:13:25 +0000
Last updated at: 12/12/2013 10:34:30 AM ET
An ambitious $40 million retail, residential and public park project that its developers and city leaders say could forever change the face of the historically neglected Brooklyn neighborhood is on track for completion by fall 2014.
But the seven-story 220 Riverside development is also facing a potential late-hour hurdle as some city officials are reluctant to OK a package of city incentives worth millions in property tax rebates and improvements to the park portion of the project, known as Unity Plaza.
The developers remain confident — and reverential.