News

FIS acquisition of Worldpay sets stage for potential riverfront development

Posted by Carlos Renteria on

FIS acquisition of Worldpay sets stage for potential riverfront development

Fortune 500 company Fidelity National Information Services Inc., or FIS, completed its $43 billion acquisition of Worldpay Inc. on Wednesday, setting the stage for potential riverfront development.

The combination of Jacksonville-based FIS, which provides technology for financial institutions, and Cincinnati-based Worldpay, which provides payment services, will have more than $12 billion in annual revenue and 55,000 employees worldwide.

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Initiatives working to make Northeast Florida's transportation ‘smart’

Posted by Carlos Renteria on

Initiatives working to make Northeast Florida's transportation ‘smart’

Advances in Northeast Florida’s effort to become a “smart region” was the focus Tuesday for JAXUSA Partnership members at the JAX Chamber group’s quarterly meeting.

Jacksonville Transportation Authority CEO Nat Ford; North Florida Transportation Planning Organization Executive Director Jeff Sheffield; and JEA Managing Director and CEO Aaron Zahn participated in a panel discussion at the Hyatt Regency Jacksonville Riverfront hotel, moderated by engineering services company RS&H Vice President Morgan County.

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Sweet Pete’s property for sale at $2.5 million

Posted by Carlos Renteria on

Sweet Pete’s property for sale at $2.5 million

Hybridge, a Tampa-based real estate company, is listing the 110-year-old historic Seminole Building at 400 N. Hogan St. Downtown for sale at $2.5 million.

It is marketing the structure, anchored by the Sweet Pete’s candy store and owned by Chicago-based investor Marcus Lemonis, for sale to an investor or owner-user. 

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Lake City Hotels plans two Airport Road properties

Posted by Carlos Renteria on

Lake City Hotels plans two Airport Road properties

Lake City Hotels Inc. plans to develop and manage two projects near Jacksonville International Airport – TownPlace Suites by Marriott and Tru by Hilton.

Nick Patel, Lake City Hotels vice president and chief operating and development officer, said construction is expected to start by early 2020 for completion by early 2021.

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Murray Hill self-storage facility draws opposition

Posted by Carlos Renteria on

Murray Hill self-storage facility draws opposition

Murray Hill residents filled a City Hall meeting room Friday to oppose the proposed Jacksonville Storage development at 1195 Edgewood Ave. S., near Roosevelt Boulevard.

The residents said 5,000 people signed a petition opposing the project on the grounds of aesthetics, neighborhood compatibility, reduction in property values and the developer’s intent to delay the retail phase of the project. 

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