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Camping World moving into never-occupied dealership
Florida Business News
The big, abandoned car dealership on Interstate 95 in North Jacksonville is going to get a tenant. Camping World will move in next spring, opening an RV dealership.
It?s been more than three years since the plans to open multi-dealership auto complex stalled. Construction began on the Jacksonville Auto Mall, on Interstate Center Drive between Dunn Avenue and Clark Road, in 2008. But after the first building went up, construction stopped.
And that one building, which was supposed to be Hyundai dealership, was never occupied. It all just sat.
Source: Business
UNF economist projects sluggish economy post Obama re-election
Florida Business News
As University of North Florida economist Paul Mason was about to address a real estate group at a Wednesday luncheon about the post-election economy, he said his speech might make some people spit out their food.
?Growth has been pretty mediocre,? Mason said of the distasteful economic assessment. But he also acknowledged the election campaign season and turbulence in Europe caused uncertainty that slowed economic activity.
Source: Business
Hostess gets court OK to shut down operations
Florida Business News
WHITE PLAINS, N.Y. | A bankruptcy court judge on Wednesday approved a request by Hostess Brands Inc. to begin winding down its operations.
The ruling came Wednesday after the maker of Twinkies, Ding Dongs and Wonder Bread failed in last-ditch negotiations to end a strike by its second-largest union.
Hostess now has the green light to terminate the jobs of its 18,000 workers without risking legal action, and to sell off its brands.
Source: Business
All JEA employees get $1,250 bonuses
Florida Business News
JEA has written $1,250 bonus checks to every employee of the city-owned utility after reaching a series of safety and cost-saving goals.
The payouts to 1,921 workers cost JEA about $2.4 million. The utility said it saved $27 million by hitting the goals, which the utility?s board approved in May.
CEO Paul McElroy said Wednesday he would talk with board members shortly about what standards to set for the coming year.
?As we go forward, I think it?s appropriate to recognize those who contribute exceptionally,? he said.
Source: Business
Starbucks to open 1,500 more cafes in the U.S.
Florida Business News
Associated Press
NEW YORK ? Another Starbucks may soon pop up around the corner, with the world's biggest coffee company planning to add at least 1,500 cafes in the U.S. over the next five years.
Starbucks said Wednesday that it plans to boost the number of locations in its biggest market by about 13 percent by 2017. In the broader Americas region, the company plans to add a total of 3,000 new cafes by that time.
Source: Business
Jacksonville downtown agency to explore commercial use of possible elections office site
Florida Business News
The Jacksonville Downtown Investment Authority wants the city to evaluate the commercial possibilities of the site where the supervisor of elections would like to build a new office.
The authority voted unanimously Wednesday to ask Mayor Alvin Brown to issue a request for proposals to develop the city-owned property in the LaVilla neighborhood.
The city has attempted to develop the site in the past, most notably a 2003 deal that was to lead to a restaurant named Sax Seafood & Grill.
Source: Business
Jacksonville downtown agency to explore commercial use of possible elections office site
Florida Business News
The Jacksonville Downtown Investment Authority wants the city to evaluate the commercial possibilities of the site where the supervisor of elections would like to build a new office.
The authority voted unanimously Wednesday to ask Mayor Alvin Brown to issue a request for proposals to develop the city-owned property in the LaVilla neighborhood.
The city has attempted to develop the site in the past, most notably a 2003 deal that was to lead to a restaurant named Sax Seafood & Grill.
Source: Business
Bass Pro Shops to St. Johns County means outdoor retail escalation
Florida Business News
Bass Pro Shops is a big tourist draw for areas that have the behemoth outdoor sports stores in their areas. Although it has a notable hunting and sport fishing culture, the First Coast has so far missed out.
The closest Bass Pro Shops to this area are in Savannah, Ga., or Orlando. By early 2014, though, the region will have the retail equivalent of landing big one: a 104,000-square-foot megastore on 40 acres near Florida 9B and Interstate 95 in St. Johns County, next to a 14-acre lake that will be stocked with fish for instruction and competition.
Source: Business