Monday, February 5, 2024

REVITALIZING, REBUILDING & REPURPOSING

THE BENEFITS AND TECHNIQUES TO MAKE IT HAPPEN

Stephen L. Atkins, principal & managing director of SouthEast Development Group in Jacksonville, Fla., helped preserve that city’s most-treasured landmark after several attempts failed. 

Barnett National Bank once was Florida’s largest commercial bank, and its 1926-vintage, 18-story Renaissance Revival-style headquarters would be at home among the best of New York or Chicago skyscrapers.

The redeveloped building features 107 residential units on the top 13 floors, offices below that and a bank branch on the ground floor. 

A change in office tenants may allow for another 45 apartments in the building.

The Barnett National Bank building in Jacksonville, Fla., was repurposed into a mixed-use development.

“We delivered the project right in the middle of COVID, but it had 100-percent occupancy in a few months, and we have a waiting list of 40 or more,” Atkins said.

“The smallest studio is about 540 square feet and the biggest two bedroom is more than 1,000. It’s mostly young professionals, but we have a mix of business executives, empty nesters, the arts community.”

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