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Development Notes: First Florida Credit Union building-out; Fields Collision Center planned for former Porsche dealership | Jax Daily Record | Jacksonville Daily Record

First Florida will remodel the 4,190-square-foot building on a 1.06-acre outparcel in front of Lowe’s. SunTrust closed the branch in February 2019 and sold the property to an investor for $1.4 million. First Florida paid $1.95 million for the site in January 2020. The building was developed in 2005. Fields Collision Center The city issued a mobility fee calculation certificate and a conditional capacity availability statement for Fields PAG Inc. to build a collision center at 10100 Atlantic Blvd. The proposed development includes the renovation of and an addition to the former Porsche Jacksonville auto dealership and a neighboring building for a 44,042-square-foot collision center on 5.22 acres.

First Florida Credit Union adding East Arlington branch | Jax Daily Record | Jacksonville Daily Record

The city is reviewing a permit for FLC Contracting LLC to build-out a former SunTrust Bank branch at 12929 Atlantic Blvd. for Jacksonville-based First Florida Credit Union. The East Arlington office is a $372,700 project to remodel the 4,190-square-foot building on a 1.06-acre outparcel in front of Lowe’s. SunTrust closed the branch in February 2019 and sold the property in May 2019 to Oviedo-based Hill/Gray Seven LLC, a retail development and brokerage company, for $1.4 million. First Florida Credit Union paid $1.95 million for the site in January 2020. The building was developed in 2005. First Florida Credit Union operates 17 branches throughout the state, including seven in Northeast Florida.

Data shows Americans are saving more money since the pandemic

Americans are saving more money since the pandemic started and you can too It s America Saves Week. Jacksonville Mayor Lenny Curry signed a proclamation for the week and institutions are encouraging people to save money. Author: Leah Shields Updated: 6:42 AM EST February 23, 2021 JACKSONVILLE, Fla. The pandemic has changed many ways we do things and according to data from the U.S. Bureau of Economic Analysis, it’s changed how much money Americans are saving.  In April 2020 when the pandemic first began and much of the country was shut down, the U.S. personal savings rate skyrocketed to 32 percent. That means Americans were saving a third of their disposable income. 

Panel recommends essentials for entrepreneurial success | Jax Daily Record | Jacksonville Daily Record

“Minority-owned Business: Essentials for Success,” was the latest edition of the virtual Florida State College at Jacksonville Business Speaker Series presented by First Florida Credit Union. Moderated by FSCJ professor of logistics and distribution Johnny Bowman Jr., the Dec. 9 panel comprised three entrepreneurs and Carlton Robinson, chief innovation officer at JAX Chamber’s JAXUSA Partnership economic development division. Robinson said one of the keys to success is to approach establishing and building a small business without focusing on being a member of a minority group. “You can’t build your business to be a minority business. Resources are available, but be a business first,” he said.

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