Author Topic: New brewpub coming to San Marco  (Read 489 times)

Kiva

  • Sr. Member
  • ****
  • Posts: 382
New brewpub coming to San Marco
« on: November 15, 2019, 06:09:02 AM »
A Mexican-themed brewpub is coming to Kings Avenue in San Marco. I like their idea of serving food, but I'm not sure about the name of the brewpub. "Tepeyolot" sounds too much like "To pay a lot"!  :D
https://www.jaxdailyrecord.com/article/aztec-inspired-brewpub-planned-for-san-marco

thelakelander

  • The Jaxson
  • Hero Member
  • *****
  • Posts: 30167
    • Modern Cities
Re: New brewpub coming to San Marco
« Reply #1 on: November 15, 2019, 07:17:42 AM »
Pretty cool. That area is really filling in, now that the interchange is open and its an opportunity zone.

"A man who views the world the same at 50 as he did at 20 has wasted 30 years of his life.” - Muhammad Ali

Tacachale

  • Administrator
  • Hero Member
  • *****
  • Posts: 7663
Re: New brewpub coming to San Marco
« Reply #2 on: November 15, 2019, 07:18:58 AM »
Awesome. That strip is booming.
Do you believe that when the blue jay or another bird sings and the body is trembling, that is a signal that people are coming or something important is about to happen?

acme54321

  • Hero Member
  • *****
  • Posts: 2426
Re: New brewpub coming to San Marco
« Reply #3 on: November 15, 2019, 07:21:49 AM »
I really hope this kind of thing keeps popping on Kings Ave and Atlantic in the area.  Wish him luck!

thelakelander

  • The Jaxson
  • Hero Member
  • *****
  • Posts: 30167
    • Modern Cities
Re: New brewpub coming to San Marco
« Reply #4 on: November 15, 2019, 08:28:32 AM »
It will. The area is an Opportunity Zone, has direct access and visibility to I-95 and is within walking distance of San Marco. That's a great mix of ingredients for continued redevelopment and infill.
"A man who views the world the same at 50 as he did at 20 has wasted 30 years of his life.” - Muhammad Ali

sanmarcomatt

  • Hero Member
  • *****
  • Posts: 1572
  • Donut Enthusiast
Re: New brewpub coming to San Marco
« Reply #5 on: November 15, 2019, 08:57:59 AM »
This isn’t exactly our bowl of salsa, but this is fantastic news.

Captain Zissou

  • Hero Member
  • *****
  • Posts: 3813
Re: New brewpub coming to San Marco
« Reply #6 on: November 15, 2019, 03:15:58 PM »
I still think Jax is near peak brewpub/brewery, but throw in some tacos and I'm in!!

I agree about the name.  Hopefully they'll shorten it to something catchier.  I get that it has aztec and jag ties, but that's a mouthful.  Given all the development about a mile from my house, I may start to take the beach cruiser down that way on saturdays.  Watch out world!

MusicMan

  • Hero Member
  • *****
  • Posts: 2008
Re: New brewpub coming to San Marco
« Reply #7 on: November 15, 2019, 06:47:05 PM »
That particular location should be a winner. While the building is without any redeeming feature, it has tremendous traffic count and is visible from the Philips Ave off ramp from southbound I-95.  It includes a pretty good size grass lot behind it and I would imagine reasonable street parking going back along Bertha Street. 

Lake , the are being an Opportunity Zone, can you comment on how that might help this particular re-development please?
« Last Edit: November 15, 2019, 06:52:34 PM by MusicMan »

thelakelander

  • The Jaxson
  • Hero Member
  • *****
  • Posts: 30167
    • Modern Cities
Re: New brewpub coming to San Marco
« Reply #8 on: November 15, 2019, 07:20:09 PM »
That entire area is a tax haven now for investors. Here is a recent JBJ article about opportunity zones:

Quote
Opportunity zones, created in tax legislation passed in 2017, are designed to spur investment in low-income districts by making certain census tracts tax havens.

Investors can defer the taxes owed on unrealized capital gains – the only money that qualifies for opportunity zone benefits – when they are reinvested into opportunity zones. Investors don’t pay taxes on that money until they sell their asset or the end of 2026, whichever comes first.

Additionally, if an investor leaves their investment in an opportunity zone asset for five years, 10 percent of their investment becomes tax-exempt. If they wait seven years, 15 percent becomes tax exempt.

Since this seven-year horizon has to be achieved before 2026, the law creates an incentive for opportunity zone investments to occur by the end of 2019.

As another benefit, any gain investors make from their opportunity zone investments will never be taxed. Losses are already tax-exempt.

https://www.bizjournals.com/jacksonville/news/2019/08/22/packed-room-answers-questionwhat-could-opportunity.html
"A man who views the world the same at 50 as he did at 20 has wasted 30 years of his life.” - Muhammad Ali