05:10 AM EST Share When it comes to progress in Northeast Florida in the new year, these are the places that will be driving headlines
North Core
Four developers JWB Real Estate Capital, Augustine Development Group, ACE JAX LLC and Jim and Ellen Wiss have announced $116.1 million of investments in the historic area they’ve collectively branded the North Core.
The North Core is bordered by State, Broad, Church and Main streets.
Apartments for the North Core
JWB, led by president Alex Sifakis, plans to invest $11.4 million to redevelop the Federal Reserve and Baptist Convention buildings.
The Wisses acquired from First Baptist Church nearly a full city block that they intend to redevelop.
In a year when major market indexes finished at record highs, Jacksonville stocks generally underperformed in 2020.
Out of 13 Jacksonville-based companies that were trading above $1 when the year began, only five finished with gains for the year.
At the top of the list was Rayonier Advanced Materials Inc., a stock that has been beaten down by a poor financial performance in recent years.
When the maker of cellulose specialties products reported its first profit in seven quarters in November, the stock jumped higher.
It more than doubled in price to a high of $8.63 in early December and closed at $6.52 on Dec. 31, up 75% for the year.
WASHINGTON Jeb Bush has resigned all of his board memberships both nonprofit and business in a move that helps clear a path toward a 2016 presidential campaign.
The former Florida governor stepped down from his remaining board memberships on Wednesday, the last day of the year, an aide said Wednesday night. It’s a continuation of a process that began earlier in the month when Bush announced plans to actively explore a White House bid.
Spokeswoman Kristy Campbell called Bush’s review of his business interests “a natural next step as he turns his focus to gauging whether there is support for a potential candidacy.”