JREDC, Others Working To Fill Vacant Storefronts in Jacksonville
12 Dec 2019
Vacant business properties currently are plentiful around Jacksonville. While the blame for why businesses have left and what caused them to leave are many; currently, a few groups are working to try and get Jacksonville’s economy back on track right now.
With the Jacksonville Regional Economic Development Corporation’s recent online auction of the former AC-Humko complex currently underway this week; the JREDC is currently trying to find homes for other businesses to fill the vacant buildings in the area. Kristen Jamison, Vice President of Marketing of JREDC, says that the old ShopKo property currently just isn’t in the right position to sell just yet. She says that the holding group who has the property simply wants too much money for the property and the property taxes are prohibitive for potential buyers. Jamison anticipates that the price will likely come down over time as the holding group will get more motivated to sell.