The Jaxson

Jacksonville by Neighborhood => Downtown => Topic started by: thelakelander on November 04, 2019, 12:08:26 PM

Title: Miami investor proposes the city’s tallest building
Post by: thelakelander on November 04, 2019, 12:08:26 PM
I'll believe it when I see it but this will make Heights Unknown pretty giddy!

Quote
A Miami investor has proposed Jacksonville’s first Northbank high-rise in almost 30 years that also would tower over Downtown’s tallest buildings.

Miami real estate investor Ramon Llorens presented conceptual designs for a 54-story, mixed-use tower at the site of the former Downtown Greyhound terminal to Downtown Investment Authority CEO Lori Boyer.

Boyer said Monday that Llorens and a Miami-based architect presented plans for the 1.46-acre site during a meeting at her office in October.

Llorens did not respond to a request for comment Monday.

Full article: https://www.jaxdailyrecord.com/article/miami-investor-proposes-the-citys-tallest-building
Title: Re: Miami investor proposes the city’s tallest building
Post by: Steve on November 04, 2019, 12:28:35 PM
I mean, Llorens seems to be able to pull this off financially....if he wanted to.

It's certainly a nice piece of property, but this plan probably lies somewhere in between a done deal and the hotel on the Farah & Farah parking lot that the Peyton Administration teased but acknowledged the developers hadn't called them back for 6 months.
Title: Re: Miami investor proposes the city’s tallest building
Post by: marcuscnelson on November 04, 2019, 12:28:56 PM
Didn't the economy implode the last time people started proposing giant high-rises in Jacksonville?

Correlation doesn't equal causation, but…
Title: Re: Miami investor proposes the city’s tallest building
Post by: Steve on November 04, 2019, 12:29:48 PM
Quote
In an interview after the program, Boyer said the tower would include multifamily residential units, corporate office space, hotel rooms and a parking garage, as well as ground-level restaurant space.

So, it's SimCity? Sounds a little too good to be true IMO.
Title: Re: Miami investor proposes the city’s tallest building
Post by: Jagsdrew on November 04, 2019, 12:43:44 PM
Heights Unknown brain explosion in 3...2...1..
Title: Re: Miami investor proposes the city’s tallest building
Post by: Captain Zissou on November 04, 2019, 12:47:56 PM
Heights Unknown brain explosion in 3...2...1..

Cue recession in 3...2...1...
Title: Re: Miami investor proposes the city’s tallest building
Post by: Kerry on November 04, 2019, 12:54:47 PM
So tomorrow he is supposed to appear before a judge about his illegal parking lot in downtown Jax and today DIA and the developer makes this public.  Anyone else skeptical about motivation?
Title: Re: Miami investor proposes the city’s tallest building
Post by: Steve on November 04, 2019, 01:03:07 PM
So tomorrow he is supposed to appear before a judge about his illegal parking lot in downtown Jax and today DIA and the developer makes this public.  Anyone else skeptical about motivation?

Not at all!

Kerry, I don't often agree with you but I had the same first thought. I'm not convinced it's related, but it certainly could be. He may genuinely have an interest in developing the lot but I agree, the approach is.....unorthodox.
Title: Re: Miami investor proposes the city’s tallest building
Post by: vicupstate on November 04, 2019, 01:14:30 PM
Quote
Since September 2014, through ownership groups, Llorens acquired Jacksonville holdings that include the 30-story TIAA Bank Center Downtown; a Downtown parking garage at 336 W. Bay St.; a 2.78-acre parking lot at Hogan and West Bay streets; a 1.48-acre Downtown parking lot at 317 Water St. by the Omni Jacksonville Hotel; Southbank riverfront commercial buildings;  the former Ford Motor Co. plant and property near the Sports Complex; and 250 acres along New Berlin Road in North Jacksonville.

This is a lot of property. Are we sure his name didn't use to be Cameron Kuhn? 
Title: Re: Miami investor proposes the city’s tallest building
Post by: Steve on November 04, 2019, 02:10:11 PM
The collection of property is interesting. He's got both parking lots adjacent to Enterprise Center (office building and Omni), and the TIAA Bank Building right across the street from one of the lots, plus this vacant lot next to TIAA Bank.

The optimist in me says this is a ton of land in as good of property possible downtown that isn't on the river.
Title: Re: Miami investor proposes the city’s tallest building
Post by: I-10east on November 04, 2019, 03:23:58 PM
Cue someone making a mock up of what a random 700ft tall building would look like from the riverfront.
Title: Re: Miami investor proposes the city’s tallest building
Post by: Ken_FSU on November 04, 2019, 03:45:44 PM
So tomorrow he is supposed to appear before a judge about his illegal parking lot in downtown Jax and today DIA and the developer makes this public.  Anyone else skeptical about motivation?

Not at all!

Kerry, I don't often agree with you but I had the same first thought. I'm not convinced it's related, but it certainly could be. He may genuinely have an interest in developing the lot but I agree, the approach is.....unorthodox.

For what it's worth, the talk isn't new.

Someone associated with the property mentioned it to me about a year ago:

https://www.metrojacksonville.com/forum/index.php/topic,34634.msg485582.html#msg485582

Llorens has been talking about a "Miami style" skyscraper larger than anything in downtown Jax since he bought the property.

No idea how feasible, sounds pie in the sky, but definitely something that's been talked about for awhile.

Good carrot to float on a string though if you don't want any trouble with your illegal parking lot...

Title: Re: Miami investor proposes the city’s tallest building
Post by: Wacca Pilatka on November 04, 2019, 05:36:41 PM
I wonder what his intent is for the Ford plant property.
Title: Re: Miami investor proposes the city’s tallest building
Post by: JeffreyS on November 04, 2019, 06:46:56 PM
It’s more likely than the Mooneyham proposal.
Title: Re: Miami investor proposes the city’s tallest building
Post by: Kerry on November 04, 2019, 08:00:32 PM
What exactly is a "Miami-style" high rise and how does it differ from any other style?  I know Vancouver pioneered their highrise style but didn't know Miami did.
Title: Re: Miami investor proposes the city’s tallest building
Post by: thelakelander on November 04, 2019, 08:19:40 PM
MiMo or Miami Modern is an architectural style but I doubt that's what it means locally. "Miami-style" more than likely equates to being something much taller than what's in Jax.

Title: Re: Miami investor proposes the city’s tallest building
Post by: Kerry on November 04, 2019, 09:00:10 PM
MiMo or Miami Modern is an architectural style but I doubt that's what it means locally. "Miami-style" more than likely equates to being something much taller than what's in Jax.

Thanks.  I tried looking it up but all I could come up with is Miami style high waist jeans.

Finally found MiMo style architecture - I hope he was joking about that or mis-applied the term because that would be a 700' pile of crap.

Title: Re: Miami investor proposes the city’s tallest building
Post by: Keith-N-Jax on November 04, 2019, 09:02:58 PM
We've seen this before. How long before this gets added to the long list of shoulda coulda's. The graveyard of Jax's dead projects
Title: Re: Miami investor proposes the city’s tallest building
Post by: heights unknown on November 04, 2019, 09:29:06 PM
I'll believe it when I see it but this will make Heights Unknown pretty giddy!

Quote
A Miami investor has proposed Jacksonville’s first Northbank high-rise in almost 30 years that also would tower over Downtown’s tallest buildings.

Miami real estate investor Ramon Llorens presented conceptual designs for a 54-story, mixed-use tower at the site of the former Downtown Greyhound terminal to Downtown Investment Authority CEO Lori Boyer.

Boyer said Monday that Llorens and a Miami-based architect presented plans for the 1.46-acre site during a meeting at her office in October.

Llorens did not respond to a request for comment Monday.

Full article: https://www.jaxdailyrecord.com/article/miami-investor-proposes-the-citys-tallest-building

My head is swimming. I'm dizzy, crazy, and giddy. Am I dreaming? Is this only a dream? Y'all made this up just to watch me and my reactions didn't you?
Title: Re: Miami investor proposes the city’s tallest building
Post by: heights unknown on November 04, 2019, 09:34:30 PM
Heights Unknown brain explosion in 3...2...1..
LOLOLOLOL...brains and eggs...here we come!
Title: Re: Miami investor proposes the city’s tallest building
Post by: Ken_FSU on November 04, 2019, 09:35:27 PM
"Miami-style" more than likely equates to being something much taller than what's in Jax.

Yeah, this was definitely the context that it was discussed in.

Tall, very high rents, "like something you'd see in Brickell."

Was just office and residential when I heard about it last year, no hotel.

I feel like if this thing was imminent though, the developer would have announced something themselves; feels weird for Boyer to be the one to say something first on a radio show.

Probably wouldn't hold my breath for anything this economic cycle.
Title: Re: Miami investor proposes the city’s tallest building
Post by: Snaketoz on November 04, 2019, 09:43:02 PM
So tomorrow he is supposed to appear before a judge about his illegal parking lot in downtown Jax and today DIA and the developer makes this public.  Anyone else skeptical about motivation?
My first thought as well.  My second thought-as likely as Offshore Power Systems floating a nuclear power station off Ponte Vedra.
Title: Re: Miami investor proposes the city’s tallest building
Post by: thelakelander on November 04, 2019, 09:50:51 PM
"Miami-style" more than likely equates to being something much taller than what's in Jax.

Yeah, this was definitely the context that it was discussed in.

Tall, very high rents, "like something you'd see in Brickell."

Was just office and residential when I heard about it last year, no hotel.

I feel like if this thing was imminent though, the developer would have announced something themselves; feels weird for Boyer to be the one to say something first on a radio show.

Probably wouldn't hold my breath for anything this economic cycle.

It all sounds like 2005 level fool's gold. There's no Brickell style demand or market for anything in the CBD. If it were, there would be several similar proposals out there as opposed to one random highly conceptual thing that is massively out of scale in comparison with everything else currently in the pipeline.
Title: Re: Miami investor proposes the city’s tallest building
Post by: heights unknown on November 05, 2019, 06:04:11 AM
OK; I couldn't sleep last night. Had a nightmare that Lori Boyer and Ramon got into a fist fight in her office in which she hit him over the head with her left high heel, and told him to get the hell out; alright, we ain't got this thing built yet? Where the hell are the cranes? Let's get some dirt moving there on old Pearl!
Title: Re: Miami investor proposes the city’s tallest building
Post by: acme54321 on November 05, 2019, 07:42:43 AM
So tomorrow he is supposed to appear before a judge about his illegal parking lot in downtown Jax and today DIA and the developer makes this public.  Anyone else skeptical about motivation?

First thing that came to my mind.  This is pie in the sky. Make him rip up that lot then see what he does.
Title: Re: Miami investor proposes the city’s tallest building
Post by: Bill Hoff on November 05, 2019, 08:02:28 AM
So tomorrow he is supposed to appear before a judge about his illegal parking lot in downtown Jax and today DIA and the developer makes this public.  Anyone else skeptical about motivation?

First thing that came to my mind.  This is pie in the sky. Make him rip up that lot then see what he does.

His date with the Magistrate has been postponed/deferred.
Title: Re: Miami investor proposes the city’s tallest building
Post by: AdamsOnAdams on November 05, 2019, 08:38:57 AM
Interesting placement of a building that size. Right next to TIAA Bank Center, which would block views of eastern part of city from new building for the first 30 or so floors.
Title: Re: Miami investor proposes the city’s tallest building
Post by: Kerry on November 05, 2019, 09:11:12 AM
So tomorrow he is supposed to appear before a judge about his illegal parking lot in downtown Jax and today DIA and the developer makes this public.  Anyone else skeptical about motivation?

First thing that came to my mind.  This is pie in the sky. Make him rip up that lot then see what he does.

His date with the Magistrate has been postponed/deferred.

I'm shocked - shocked I tell you.
Title: Re: Miami investor proposes the city’s tallest building
Post by: heights unknown on November 05, 2019, 11:31:58 AM
So tomorrow he is supposed to appear before a judge about his illegal parking lot in downtown Jax and today DIA and the developer makes this public.  Anyone else skeptical about motivation?

First thing that came to my mind.  This is pie in the sky. Make him rip up that lot then see what he does.

His date with the Magistrate has been postponed/deferred.

I'm shocked - shocked I tell you.
Like I said...IT AIN'T BUILT YET?
Title: Re: Miami investor proposes the city’s tallest building
Post by: Keith-N-Jax on November 05, 2019, 10:39:54 PM
Btw great location though
Title: Re: Miami investor proposes the city’s tallest building
Post by: pierre on November 06, 2019, 09:16:19 AM
Will it have a Fuddruckers?
Title: Re: Miami investor proposes the city’s tallest building
Post by: thelakelander on November 06, 2019, 10:58:07 AM
Yes, right next door to Four Seasons and Macy's.
Title: Re: Miami investor proposes the city’s tallest building
Post by: jaxlongtimer on November 06, 2019, 11:13:03 AM
Reminds me of when Charter Co. announced it was going to build a 70 story HQ's building on the Sears block.  Don't know where to find it?  It's been "replaced" with the Omni Hotel and Enterprise Center :).

How many towers where announced during the early to mid-2000's that didn't get built?  How many years has the historic Trio been batted around?  The Shipyards?  Even the District and Lot J have been under discussion for a long time. 

Seems in Jax, almost all towers built over the decades have initially been proprietary, i.e. built for one main company to occupy as a national or regional HQ's.  Only when those companies move on or shrink, do they become more multi-tenant oriented.

Developers are fast talkers trying to convince investors to pony up when it comes to these spec towers.  When playing with other peoples money that doesn't pan out, they can quickly disappear in the dark of night.
Title: Re: Miami investor proposes the city’s tallest building
Post by: Steve on November 06, 2019, 11:24:54 AM
Seems in Jax, almost all towers built over the decades have initially been proprietary, i.e. built for one main company to occupy as a national or regional HQ's.  Only when those companies move on or shrink, do they become more multi-tenant oriented.

Developers are fast talkers trying to convince investors to pony up when it comes to these spec towers.  When playing with other peoples money that doesn't pan out, they can quickly disappear in the dark of night.

Not exactly true. Barnett Bank was never intended to take the entire 42 Story building, nor was Southern Bell. I don't believe Independent Life or Gulf Life were either.

Most company's headquarters buildings aren't 100% them either (VyStar's building won't be 100% VyStar), though in the day and age of corporate resiliency and security that's changing in many places; for example FIS' recent announcement.

A lot depends on the economy of the time. VyStar owns their building as does CSX, as will FIS it seems. But, many companies don't want to own their own headquarters and be in the real estate business. Developers aren't often going to toss up a major office building without an anchor tenant (even if they don't have one announced publicly many times there's one behind the scenes that's committed)
Title: Re: Miami investor proposes the city’s tallest building
Post by: Keith-N-Jax on November 06, 2019, 11:27:11 AM
Quote from: thelakelander link=topic=35950.msg496983#msg496983date=1573
055887
Yes, right next door to Four Seasons and Macy's.


And Hard Rock Cafe and a ESPN Zone.
Title: Re: Miami investor proposes the city’s tallest building
Post by: Ocklawaha on November 06, 2019, 07:22:55 PM
It will be completed right after the Subway tunnel under the river is finished... Y’all have no faith!

(http://photos.metrojacksonville.com/photos/1664143781_vWS5cFB-XL.jpg)
Title: Re: Miami investor proposes the city’s tallest building
Post by: heights unknown on November 27, 2019, 01:13:36 PM
What's the latest status of my 900 foot tall behemoth skyscraper for downtown Jacksonville on the site of the old Greyhound Terminal? We need to get this thing going now.
Title: Re: Miami investor proposes the city’s tallest building
Post by: BossmanOdum10 on November 27, 2019, 04:34:38 PM
QTNA!!!!
Title: Re: Miami investor proposes the city’s tallest building
Post by: Kerry on November 27, 2019, 06:01:18 PM
What's the latest status of my 900 foot tall behemoth skyscraper for downtown Jacksonville on the site of the old Greyhound Terminal? We need to get this thing going now.

The hearing on his illegal parking lot got postponed.  I can only assume he is waiting to see the outcome of his surface lot before committing to a $500 million project on the same spot.
Title: Re: Miami investor proposes the city’s tallest building
Post by: heights unknown on November 28, 2019, 12:46:13 AM
What's the latest status of my 900 foot tall behemoth skyscraper for downtown Jacksonville on the site of the old Greyhound Terminal? We need to get this thing going now.

The hearing on his illegal parking lot got postponed.  I can only assume he is waiting to see the outcome of his surface lot before committing to a $500 million project on the same spot.
Got it; thanks.