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7Brew Coffee Adds Florida Locations

Friday, 17 June 2022 by admin
7brew-drive-thru

Drive-thru coffee shops – the gift of ingenuity to all commuters – is booming across the United States, especially in Jacksonville, Florida, where locals and visitors alike will be graced with a 7Brew Coffee, along with a Dunkin’ GO, Ellianos and Scooters Coffee.

Records show 7Brew Coffee intends to open at least three drive-thrus in Duval County.

Several drive-thru locations will be opening this fall, says a 7Brew Coffeee spokesperson: “We will open several locations in early fall in Jacksonville, by a franchisee of 7 Brew – 7 Venture, Inc.”.

Florida corporate records show the franchisee is based in Fayetteville, Arkansas, at the address of K-MAC Enterprises Inc., which is a Taco Bell franchisee.

To confirm the retailer’s plans, Jacksonville Electric Authority (JEA) received a service availability for 7Brew at Gerona Drive East and at Normandy Village Parkway in Jacksonville and at 1223 Atlantic Blvd. in Neptune Beach – drive-thru shops with no interior seating.

The St. Johns River Water Management District is reviewing franchise permit applications for the Jacksonville stores.

We’ve found that Atlanta-based Geyer Morris Co. is the applicant and owner. The agent and civil engineer is Almond Engineering. With regards to location, plans show that the Gerona Drive project is proposed on an undeveloped 0.51-acre parcel at northwest Beach Boulevard and Gerona Drive East. While the Normandy project is on 2.1 acres at southwest Normandy Boulevard and Normandy Village Parkway. And, the Neptune Beach project site is at southwest Atlantic Boulevard and Penman Road.

This will be 7Brew Cofee’s first Floridian locations. As their site says: “a revolution that treats people like people – that makes them feel warmed, loved, and important, all before they take a sip of the best drink in town.” Floridians will now have another drive-thru coffee option. 7Brew Coffee is not just coffee, it’s also infused energy drinks, Italian sodas, smoothies, shakes, teas and more.

The first 7Brew store opened in February 2017 in Rogers, Arkansas. Now there are 19 locations in Arkansas, Missouri, Kansas, Texas and South Carolina. 7Brew Coffee began selling franchises in March 2021.

Restuarnatonline.com said one of the major draws for drive-thru-only concepts is their build-out costs, given their generally small footprint. The cost to build a location ranges from about $500,000 to just more than $1.1 million.

Floridatoday.com reports 7Brew plans 165 locations in Florida. The name 7Brew Coffee is derived from the Bible. Biblically, the number 7 indicates completion or perfection.

On other Drive-Thru news

  • Ellianos has plans for at least 12 Northeast Florida drive-thru-only options.
  • Scooters Coffee intends to open up to 16 locations in Northeast Florida.
  • Dunkin’ GO locations include walk-up service.
7Brew CoffeeDrive-thruFranchises
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  • Published in Commercial Real Estate
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New Circle K Gas Station In Development

Tuesday, 05 April 2022 by admin
nozzle in gas tank pumping gas into a car circle-k-in-jacksonville
What was once a site to sell cars is now going to be serving them. Jacksonville is reviewing a demolition permit for a former auto dealership in Arlington at northwest Atlantic and Southside boulevard for construction of a Circle K store.
What Going On at Southside
A new Circle K with a gas station will spring up at 100 Southside Blvd.  The application shows that contractor W.H. Bass Inc. of Duluth, Georgia, will clear the Regency area site at a cost of $117,000. The area is a 2.87-acre lot of the 5.09-acre site.

Currently, there is no tenant is shown on the lot, but there is a sign along the property for Camel Premium Express Car Wash.

The site, also addressed at 9201 Atlantic Blvd., was long used by Coggin Pontiac.

History of the Construction Site 

In 2011, City utility JEA bought the parcel for $3.24 million – for maintenance work, construction and pipeline installation and to stage equipment for area work.

In May 2020, the JEA proposed to sell the property to Circle K Stores Inc., the Tempe, Arizona-based international convenience store chain.

In May 2021, Circle K Stores Inc. paid JEA $3.15 million for the property, which proposed a $2.1 million convenience store and gas station at the site. This is the basic construction estimate and not the total development.

The city is in the process of reviewing multiple permit applications for the convenience store and its trash enclosure. Individually, a fuel canopy will be permitted.

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  • Published in Commercial Real Estate
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Commercial and Multifamily Construction in Orlando were up for 2021

Tuesday, 15 February 2022 by admin
orlando-commerical-constructions-warehouse

In a report by Dodge Construction Network, the value of commercial and multifamily construction starts in Orlando quickly rose in 2021 – that’s almost 40% from 2020 and nearly 14% from its pre-pandemic levels of 2019.

Orlando metro, the report shows, is outpacing national trends – a year-over-year increase of 16% across the U.S. from 2020 to 2021. Though these numbers are still below 2019 levels.

2021 construction starts for Orlando “valued at just under $4.3 billion” as Richard Brand, a chief economist for Dodge Construction Network, states in his report.

Orlando’s value for commercial and multifamily construction starts places the city as the 14th in the nation, this is ahead of Denver that is topping at $4.26 billion, and just below of Chicago at $4.86 billion. The top performers for 2021 were:

  • New York ($26.82 billion)
  • Dallas-Fort Worth ($10.66 billion)
  • Miami ($8.43 billion)

The increase is fairly uneven, as the starts are focused on warehouses and multifamily activity, “while office and hotel construction remain more constrained by the pandemic,” as Branch states. “Looking ahead, 2022 should bring with it a more even recovery spread across most commercial project types, while multifamily will continue to benefit from the high cost of single-family homes.”

Multifamily Construction

One of the reason why multifamily construction starts were up 36% year-over-year is due to the rent growth for apartments says Joe LaFleur, investment adviser, and will continue to grow.

“This is the most demand I’ve seen in my career,” LaFleur said.f “(Multifamily) construction starts are up — well, there’s a reason. Values are up significantly and rents are up significantly. … We have incredibly strong population growth and, unless that disappears, there’s going to be massive demand for multifamily and single-family residences.”

According to CoStar Group research, the accelerated pace of 2021 projects have rolled over into 2022. As of mid January, over 14 thousand apartment units are under construction in Orlando.

At end of 2021 Multifamily vacancy rate for Orlando metro was 5.2% compared to 10% for year-ago period. Average monthly rent has increased by 26.4% – that’s about $1,666 per month.

Warehouse Construction

Warehouse construction increase is due to the pandemic’s acceleration of the eCommerce sector. Online purchasing affected last-mile logistics, and warehousing needed to be strategically implemented to meet those needs.

Currently, there is roughly 3.5 million square feet under construction for industrial space. Industrial space vacancy rate average for Orlando metro is 3.5% compared to 4.9% for the pervious year; the market rent rent of $10.13 per sq. ft. in this sector increased up to 10.8% year-over-year.

Business relocation from cities like Boston, New Jersey and New York to the Orlando metro area is a contributing factor to the area’s real estate market and adds to the commercial remodeling business to accommodate company’s rebranding endeavors.

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  • Published in Commercial Real Estate
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Publix buys Bartram Market shopping center

Monday, 10 January 2022 by admin

Publix is back at it again. This time it purchases the shopping center in Bartram Park; it is the second sale in recent days by Ponte Vedra-based Eastland.

Eastland’s last sale, 40 acres within Bartram Commons, was to a Jacksonville Beach development, Block One Ventures, that plans to build over 1,000 multifamily homes at the site.

Past December Publix purchased two sites in St. Augustine, which will also include an in-retail space for other tenants.

Most notably the purchase at Bartram Park is fully-leased with outparcel tenants like Wawa, Wendy’s, Aspen Dental, Dunkin Donuts, AutoZone and Island Wing Co.

 

The Bartram Market sale was for $27.1 million, 79,059-square-foot property at the border of St. Johns and Duval counties.

Eastland, the developer of the Bartram Park project, is retaining the 10 commercial outparcels for ground leases.

Eastland, regarding its previous sale, said on Jan. 3 it sold 38.93 acres at Bartram Commons to Block One Ventures for $33 million.

Block One Ventures, an affiliate of Trevato Development Group, announced Dec. 31 it bought the Duval County property Dec. 30. The land is near Interstate 95 and Florida 9B on the north side of Racetrack Road, on Dec. 30.

Block One Ventures plans to develop the property in three projects totaling 1,069 multifamily units.

Bartram ParkJacksonvillePublix
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  • Published in Commercial Real Estate, Florida
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Commercial Remodeling

Friday, 04 December 2020 by admin
commercial-remodel

As a Floridian or someone who travels to Florida one notable store they’ll encounter is Publix. The grocery franchise that is speckled all across Florida and where shopping is a pleasure is a staple of Florida food industry. Recently in St. John’s county, the food giant broke ground for its 48,400-square-foot store on a 8.55 acre lot of land near Beachwalk. The project will not only be concentrating on its grocery store it will also include a 10,500 square feet of additional in-line retail space for other tenants.

Most notably in our line of business, St. Johns County approved permits for interior renovations for two Publix Super Markets stores in St. Augustine. The permits are a $625,000 remodel at 955 Florida 16 and a $575,000 renovation at 84 Tuscan Way.

As you can see commercial projects can differ from location to location and depending on the client or type of industry. Let’s look into what commercial remodels consist of.

What Is a Commercial Remodel?

Commercial remodels are usually done to enhance the business’ look and accessibility for future endeavors – like Publix’s retail space venture.

Stages of a Commercial Remodel?

Just like a new build, a commercial remodel has several stages. In most cases, the following stages are used in a commercial remodel project:

  • Planning & Design
  • Pricing and bidding (selecting the best contractor)
  • Engineering & Permitting
  • Structural Repair – Redesign
  • Rebuild
  • Final touches
  • Clean up

Companies that undertake remodeling projects will want to hire a contractor that has experience in rebuilds/remodels. The reason is because the framework exists; they would need to know how to alter existing structures and maintain the structures integrity.

The duration of the remodeling project is all determined by how complex the rebuild is and if part of the building will remain during construction. Getting the necessary permits, designs, construction team early will lessen construction time – this will also help with moving current infrastructure (people and furniture) to different areas in the building during build.

Commercial remodeling projects take a structure and reface the look and feel / flow of the building.

PublixSt. Augustine
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  • Published in Commercial Real Estate, Florida, Tips
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