The Jaxson

Jacksonville by Neighborhood => Downtown => Topic started by: thelakelander on January 07, 2021, 08:53:35 AM

Title: The Adaptive Reuse Of The Elena Flats Building
Post by: thelakelander on January 07, 2021, 08:53:35 AM
Quote
(https://photos.moderncities.com/Elena-Flats-Then-Now/i-ZZ4jWGZ/0/0779a42f/L/elenanow21-L.jpg)

Nearly knocked down to make way for a parking lot, the Elena Flats building was saved when the Jacksonville Historic Preservation Commission and Jacksonville City Council elected to save the historic structure through landmarking in 2015.

Read More: https://www.thejaxsonmag.com/article/the-adaptive-reuse-of-the-elena-flats-building/
Title: Re: The Adaptive Reuse Of The Elena Flats Building
Post by: Jason on January 07, 2021, 09:55:19 AM
WOW!!!
Title: Re: The Adaptive Reuse Of The Elena Flats Building
Post by: Adam White on January 07, 2021, 09:59:47 AM
(https://media.giphy.com/media/a0h7sAqON67nO/source.gif)
Title: Re: The Adaptive Reuse Of The Elena Flats Building
Post by: Charles Hunter on January 07, 2021, 10:28:10 AM
Beautiful!
Title: Re: The Adaptive Reuse Of The Elena Flats Building
Post by: JaxJersey-licious on January 07, 2021, 01:05:30 PM
Really could use some encouraging news like this right about now. So how is interest in leasing these units going? That would have been a hell of a spot to view last month's Cathedral Basilica's light show.
Title: Re: The Adaptive Reuse Of The Elena Flats Building
Post by: MusicMan on January 08, 2021, 10:37:45 AM
Beautiful!  $3,000,000?   
Title: Re: The Adaptive Reuse Of The Elena Flats Building
Post by: bl8jaxnative on January 11, 2021, 12:30:24 PM
Looks nice.  I hope they can find some folks willing to pay that kind of money for the "privilege" of dodging homeless people and having their car broken into every other month.
Title: Re: The Adaptive Reuse Of The Elena Flats Building
Post by: Pottsburg on January 13, 2021, 07:28:56 AM
These two continue to put their money where their mouth is. Joann and Jack are nothing but a asset to the urban core.
Title: Re: The Adaptive Reuse Of The Elena Flats Building
Post by: MusicMan on January 13, 2021, 04:43:43 PM
I love what they did but if it really cost $3 million that's nuts. You could buy 4 nice homes in Avondale, San Marco or Ortega for that and have a quarter of a million dollars left over.  Would love to see a detailed breakdown of the expenses on this one.
Title: Re: The Adaptive Reuse Of The Elena Flats Building
Post by: CityLife on January 13, 2021, 05:03:50 PM
I love what they did but if it really cost $3 million that's nuts. You could buy 4 nice homes in Avondale, San Marco or Ortega for that and have a quarter of a million dollars left over.  Would love to see a detailed breakdown of the expenses on this one.

I don't believe they rehab buildings with profit in mind. They are the historic preservation version of a legacy developer (i.e more concerned with creating something special and improving their community). The good news is that what they do is amazing. The bad news is that it isn't easily replicated and they seem to work on one project at a time. It would be amazing if someone could do a higher volume version of what they do, but the economics probably just don't work.

What's their total body of work now-this building, the Powell Apartments in Springfield (near 6th and Walnut), their house on Hubbard Street, and the amazing Klutho office on 4th and Laura?  That's an awesome legacy already.
Title: Re: The Adaptive Reuse Of The Elena Flats Building
Post by: fsu813 on January 13, 2021, 07:15:29 PM
I love what they did but if it really cost $3 million that's nuts. You could buy 4 nice homes in Avondale, San Marco or Ortega for that and have a quarter of a million dollars left over.  Would love to see a detailed breakdown of the expenses on this one.

I don't believe they rehab buildings with profit in mind. They are the historic preservation version of a legacy developer (i.e more concerned with creating something special and improving their community). The good news is that what they do is amazing. The bad news is that it isn't easily replicated and they seem to work on one project at a time. It would be amazing if someone could do a higher volume version of what they do, but the economics probably just don't work.

What's their total body of work now-this building, the Powell Apartments in Springfield (near 6th and Walnut), their house on Hubbard Street, and the amazing Klutho office on 4th and Laura?  That's an awesome legacy already.

And the red brick apartments on the 1300 block of N. Laura.
Title: Re: The Adaptive Reuse Of The Elena Flats Building
Post by: acme54321 on January 13, 2021, 08:56:31 PM
I love what they did but if it really cost $3 million that's nuts. You could buy 4 nice homes in Avondale, San Marco or Ortega for that and have a quarter of a million dollars left over.  Would love to see a detailed breakdown of the expenses on this one.

I don't believe they rehab buildings with profit in mind. They are the historic preservation version of a legacy developer (i.e more concerned with creating something special and improving their community). The good news is that what they do is amazing. The bad news is that it isn't easily replicated and they seem to work on one project at a time. It would be amazing if someone could do a higher volume version of what they do, but the economics probably just don't work.

What's their total body of work now-this building, the Powell Apartments in Springfield (near 6th and Walnut), their house on Hubbard Street, and the amazing Klutho office on 4th and Laura?  That's an awesome legacy already.

That office at 4th and Laura isn't a Klutho.  They built that out of a concrete block box.  Pretty impressive.