Rubin buys more San Marco property, plans $1M project

[thelakelander]

As East San Marco landowner Regency Centers Corp. decides how to proceed after the developer ended the deal for the mixed-use project, Rubin bought another building.

Through Atlantic 1639 LLC, Rubin paid $600,000 for the former Family Foundations of Northeast Florida Inc. building.

It sits next to his headquarters at 1649 Atlantic Blvd.

Rubin, a lawyer and an investor in San Marco and other infill properties, intends to renovate the two-story building for office space upstairs and a restaurant downstairs.

Full article: http://www.jaxdailyrecord.com/article/rubin-buys-more-san-marco-property-plans-dollar1m-project

[Captain Zissou]

This is great for so many reasons.  A proven developer willing to invest in the core neighborhoods and a desire to make them better.  I wish him much success.

[sanmarcomatt]

This was  also referenced earlier with below resident News article:

http://residentnews.net/2017/05/04/rubin-purchase-atlantic-boulevard-office-building/

I wonder if Flying Iguana could be a candidate since the previous attempt at the square was successfully vanquished by the Parking Nazis.

[sanmarcomatt]

Latest article about the project. Combined with Southern Grounds, that would be quite the improvement for that stretch.

http://jacksonville.com/business/real-estate/2017-08-08/san-marco-buildings-get-makeover-plans-restaurant

[benfranklinbof]

Thats a mighty fine building :0

[Jim]

Wow.  That is quite the upgrade.

[FlaBoy]

So much potential right there. East San Marco

[acme54321]

It would be nice if JEA would bury those monster powerlines that run down the middle of the sidewalk there.  Wishful thinking

[sanmarcomatt]

Update with new tenant. The Hendricks/Atlantic/Kings area is starting to build some nice momentum. Just need those density projects to be completed. He mentions the restaurant option (previously discussed for this space) now next door but says he is talking to banks. Ugh. Please not another bank.

https://www.jaxdailyrecord.com/article/advanced-dermatology-and-cosmetic-surgery-moving-to-san-marco

[acme54321]

I hope he still plans for the exterior renovations shown.

Would be nice it JEA would bury that big powerline down that stretch as well.  We walk it a lot and it runs right down the middle of an already too narrow sidewalk.

[JaxAvondale]

A bank that has a retail/coffee shop component could work.

[MusicMan]

That spot has two banks right now, Wells and Citi, plus a new coffee shop just opened up a block away.