The town authorised a permit Dec. 23 for River City Contractors Inc. to make exterior renovations to the Porter Residence Mansion at 510 N. Julia St. Downtown at a undertaking price tag of $284,990.
Referred to as Section 2, the venture features entry concrete and masonry, a steel staircase and handrails, siding, finishes, chairlift products and electrical, fire alarm, HVAC and mechanical operate.
The city authorised a allow Feb. 19 for Period 1 interior get the job done at $200,100.
The two phases complete about $485,000.
That Phase 1 project incorporated ADA and restroom renovations, inside demolition, carpentry, doorways, hardware, trim, finishes and electrical, fire alarm, plumbing, HVAC, mechanical and sprinkler do the job.
The Downtown Financial commitment Authority board voted 7- on Aug. 18 to approve a forgivable and deferred mortgage package of $670,000 for the task from the city’s Downtown Preservation and Revitalization Plan.
The progress agreement needs Town Council approval in advance of it is final.
JWB Serious Estate Cash, led by President Alex Sifakis, compensated $2.6 million in August 2020 for the a few-story, just about 16,000-sq.-foot historic composition that was developed in 1902.
The firm ideas to lease 4,300 sq. toes in the basement to a cafe/retail operator and make 10,000 sq. toes readily available on the upper 3 flooring for a single-tenant business office space.
JWB expects the complete enhancement price to be $2.99 million.
JWB will incorporate an Us residents with Disabilities Act-compliant lift all through the renovations as perfectly as swap an exit stairwell inside ADA get the job done set up fireplace alarm and sprinkler methods rework a bathroom and paint the construction.
DIA workers claimed the financial protections for the town are linked to the completion of the renovation get the job done and the whole capital expense.
If the progress value falls below $2,956,869, the personal loan amounts will be reduced proportionately.
Sifakis stated the original architect was Henry John Klutho, who served in the reconstruction of Jacksonville after the Great Hearth of 1901 destroyed Downtown.
On Aug. 10, Council selected the Porter Home Mansion, known as the Thomas V. Porter Residence, as a neighborhood landmark.
A Jacksonville Planning and Improvement Section report phone calls it “the past grand property in Jacksonville’s Downtown” that is a “significant visual reminder of the city’s historic and architectural heritage.”
Employees Writer Mike Mendenhall contributed to this report
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