Author Topic: JEA hunt for headquarters site is silent on evacuation risk  (Read 14737 times)

thelakelander

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Re: JEA hunt for headquarters site is silent on evacuation risk
« Reply #195 on: April 04, 2019, 10:07:52 AM »
I'm not sure how they came up with the number but it will be built over that pond and will have 3,000 spaces. The garage will have enough spaces for the rest of Lot J as well. They just would have provided 850 of those spaces to JEA.
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vicupstate

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Re: JEA hunt for headquarters site is silent on evacuation risk
« Reply #196 on: April 04, 2019, 10:15:49 AM »
A 3,000 space garage, even without rentention pond issues, would cost at least $60mm would it not? 

I have never heard of a single garage being that big. It would seem the entry/exit queues would be enormous, but I am not well versed in such things.

Considering the two garages that are already in the Sports district, 3,000 seems like a lot more than necessary.   
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fieldafm

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Re: JEA hunt for headquarters site is silent on evacuation risk
« Reply #197 on: April 04, 2019, 10:20:43 AM »
Considering the two garages that are already in the Sports district, 3,000 seems like a lot more than necessary.   

You mean the Jaguars want their own dedicated parking facility to attract retailers for a Cordish (formerly Rouse) entertainment complex at Lot J?

Kinda makes you wonder:
https://www.metrojacksonville.com/article/2010-may-the-jacksonville-landing-parking-myths-vs-reality


Steve

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Re: JEA hunt for headquarters site is silent on evacuation risk
« Reply #198 on: April 04, 2019, 10:37:24 AM »
Considering the two garages that are already in the Sports district, 3,000 seems like a lot more than necessary.   

You mean the Jaguars want their own dedicated parking facility to attract retailers for a Cordish (formerly Rouse) entertainment complex at Lot J?

Kinda makes you wonder:
https://www.metrojacksonville.com/article/2010-may-the-jacksonville-landing-parking-myths-vs-reality



Wow, this again. Got it.

Amazing how this come back around.

Steve

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Re: JEA hunt for headquarters site is silent on evacuation risk
« Reply #199 on: April 04, 2019, 10:39:36 AM »
Now, to that point, I think we learned the lesson the last time (or maybe not): If they want to develop Lot J, the city needs to not be in the parking garage business on this one.

thelakelander

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Re: JEA hunt for headquarters site is silent on evacuation risk
« Reply #200 on: April 04, 2019, 10:45:15 AM »
They have to replace whatever amount of surface parking they remove for the development of Lot J. That was also mentioned at the JEA meeting. It's actually pretty amazing that all the arguments being used against keeping the Landing are all the exact same things we'll have to embrace to get Lot J off the ground.
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thelakelander

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Re: JEA hunt for headquarters site is silent on evacuation risk
« Reply #201 on: April 04, 2019, 10:51:51 AM »
JEA also plans to sell the existing tower:

Quote
Howard said JEA will sell the Church Street headquarters as part of a larger divestment strategy that could result in $100 million of unused or excess JEA real estate being sold.

“If we could sell it tomorrow and lease it for three years while the new office is being built, we’d do it,” Howard said.


The JEA site is near the Duval County Courthouse.
The campus includes the 19-story tower and a six-level customer service center built in 1967. JEA has occupied the space since 1988.

JEA CEO Aaron Zahn said previously that redevelopment is costly and not ideal considering the footprint is too large and antiquated for JEA’s long-term needs.

https://www.jaxdailyrecord.com/article/jeas-next-hq-what-put-the-west-adams-street-site-past-the-jaguars-northbank-locations
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KenFSU

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Re: JEA hunt for headquarters site is silent on evacuation risk
« Reply #202 on: April 04, 2019, 12:15:59 PM »
The Lot J garage is estimated to cost $40 to $45 million. Taxpayers will be on the hook for it. That was mentioned at the meeting.

More specifically, the Lot J garage is estimated to cost a minimum $40-$45 million, per CBRE's estimate.

They basically said that they couldn't fathom a parking garage of that size being built any cheaper than that.

Taking the retention pond out of the equation, the median cost of parking garage construction is around $19,700 per space (http://denver.streetsblog.org/wp-content/uploads/sites/14/2017/10/2017-Cost-Article.pdf).

At 3,000 spaces, we're probably looking at closer to $59 million,, plus whatever it costs to turn a retention pond into a buildable site.


Steve

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Re: JEA hunt for headquarters site is silent on evacuation risk
« Reply #203 on: April 04, 2019, 12:25:16 PM »
The Lot J garage is estimated to cost $40 to $45 million. Taxpayers will be on the hook for it. That was mentioned at the meeting.

More specifically, the Lot J garage is estimated to cost a minimum $40-$45 million, per CBRE's estimate.

They basically said that they couldn't fathom a parking garage of that size being built any cheaper than that.

Taking the retention pond out of the equation, the median cost of parking garage construction is around $19,700 per space (http://denver.streetsblog.org/wp-content/uploads/sites/14/2017/10/2017-Cost-Article.pdf).

At 3,000 spaces, we're probably looking at closer to $59 million,, plus whatever it costs to turn a retention pond into a buildable site.



My word, almost $20k/space - someone would be a champion of urban development if they could lower that number even a little.

I THINK the plan was on the retention pond to leave it, and hammer the pilings into the pond. The last rendering I saw seemed to indicate that. to an earlier point though, that likely means the cables holding up Channel 12's Tower will need to be adjusted. I can't fathom that costing less than "significant monies"

Captain Zissou

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Re: JEA hunt for headquarters site is silent on evacuation risk
« Reply #204 on: July 09, 2019, 11:31:51 AM »
Fanatics would be the perfect company for Lot J.  Jax headquartered, sports affiliated, young and energetic company culture and CEO.  They would also be most likely to use other venues in Lot J/the stadium for corporate events.  With their planned IPO in the not too distant future, having investor day events in the US Assure clubs would be pretty cool.

Based on KenFSU's remarks, it sounds like my commission check should be on the way soon.  Take that, Music Man.

MusicMan

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Re: JEA hunt for headquarters site is silent on evacuation risk
« Reply #205 on: July 10, 2019, 08:35:58 AM »
Congrats  Captain. Now you can buy all of us dinner at Cowford Chop House!