A Brief Look at the Laura Street Trio Incentive Package

[Ken_FSU]

The Jaguars are the Trio. Just one giant pipe dream everyone wants to succeed but reality keeps kicking it in the balls.

I think Lori Boyer is Press Taylor in this scenario?

For every ten trips to the red zone, she puts 3 points on the board.

[WarDamJagFan]

The Jaguars are the Trio. Just one giant pipe dream everyone wants to succeed but reality keeps kicking it in the balls.

I think Lori Boyer is Press Taylor in this scenario?

For every ten trips to the red zone, she puts 3 points on the board.

Lori Boyer is Shad Khan. Just spinning around the hampster wheel chasin' that cheese without the slightest clue as to why the cheese remains unreachable.

[vicupstate]

Really, really good stuff again by Nate Monroe here, framed around the Trio but also striking at the core of the problem with DT Jax in general. Great details too about the infamous developers meeting a few years back that I don’t think ever got out in the press anywhere else.

https://www.jacksonville.com/story/news/columns/nate-monroe/2024/01/05/nate-monroe-laura-street-trio-fight-reveals-downtown-dysfunction/72120429007/

Bring back the old, but independent, Downtown Development Authority.

Indeed. There was more progress in that setup. You can thank Mayor Peyton for getting rid of it, btw.  That's the peril in putting a inexperienced Trust Fund baby in charge of the city.

[marcuscnelson]

Deal is dead. Atkins says he intends to proceed somehow:

[jax_hwy_engineer]

Propose renaming DIA, here's a few options:

Downtown Isn't Alive
Development Isn't Allowed
Don't Invest Atkins

You'd think an agency interested in the revitalization of downtown would actually want to see something get built, but alas...

[acme54321]

At some point the terms of the agreement aren't in the best interest of the city.  I forget what his ask was but if I recall, it was pretty massive.  Hopefully the DIA has some sort of strategy with this and they aren't just throwing in the towel.  Hopefully.  Maybe.

[Tacachale]

At some point the terms of the agreement aren't in the best interest of the city.  I forget what his ask was but if I recall, it was pretty massive.  Hopefully the DIA has some sort of strategy with this and they aren't just throwing in the towel.  Hopefully.  Maybe.

All of this is accurate.

[Josh]

Before the Bob Dylan concert last month I was having dinner with some friends at Bellwether and started chatting with this gentleman at the table next to us. He mentioned that his group had attempted to purchase the Trio, but lost out to Atkins. I really wish that hadn't been the case....

[marcuscnelson]

Councilman Peluso this morning calling for eminent domain of the Trio.

DIA staff called the proposals from SouthEast “untenable”:

https://www.bizjournals.com/jacksonville/news/2024/04/09/laura-street-trio-untenable.html

[Jax_Developer]

This is gonna get ugly for sure lol...

[Steve]

Councilman Peluso this morning calling for eminent domain of the Trio.

DIA staff called the proposals from SouthEast “untenable”:

https://www.bizjournals.com/jacksonville/news/2024/04/09/laura-street-trio-untenable.html

There is some precedence for this....thinking of the building that now houses Cowford Chophouse. The issues there were a little different as that guy was trying to actively demolish the building and Atkins does not.

This is frustrating because I believe Atkins really wants to do the right thing here and develop the buildings. But, he clearly doesn't have the money to do it and he doesn't want to take on another investor.

[marcuscnelson]

Atkins firing back with blame on Lori Boyer’s leadership:

https://www.bizjournals.com/jacksonville/news/2024/04/10/atkins-responds-trio-resolution.html

One part of note:



This comes as Nate Monroe calls for Boyer’s ouster from the DIA.

[Tacachale]

Mayor Donna Deegan said DIA presented "three very good options" to Atkins and the clock is ticking on getting the Trio restored.

"The reason we wanted to be very intentional about presenting those options to Mr. Atkins was to say look, this is our best final effort to get this in a place where we can get it done," Deegan said. "And from here, if we cannot get it done (with Atkins), we're going to move quickly to whatever our next options are because time is really crucial when it comes to these buildings."

[thelakelander]

[landfall]

Both are culpable. Boyer has allowed the city to get into bed with questionable developers like Atkins. I was happy for the city to do a deal which was a bad deal financially on this as I feel its so important to the momentum of Downtown, but its now past the point of no return for me.

The Ford on Bay another total disaster. Sadly feel all these developments should now go on hold until Boyer is out and we can somehow start a fresh and wash the cities hands of these cowboys pitching their fantasy proposals.