JONES REDEVELOPMENT BROTHERS MIXED-USE PROJECTED DELIVERY: SUMMER 2020 TRANSCEND TO THE NORTH END

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Meghan White
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1 JONES BROTHERS TRANSCEND TO THE NORTH END P R O P O S E D MIXED-USE REDEVELOPMENT PROJECTED DELIVERY: SUMMER 2020

2 DISCLAIMER This information has been secured from sources we believe to be reliable, but make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footages or age are approximate. Prospective tenants must verify the information and bear all risks for any accuracies. All architectural renderings and drawings are for conceptual purposes only.

LOCATION DETAILS FINDING THE BEAUTY IN ITS NATURAL BEAUTY The Jones Brothers redevelopment is nestled in the North Bank of

Minutes from 1-10 and I-95, it s convenient location attracts a young population under 45, to relish in a pop of culture

The urban center is home to 13 major headquarters, The Riverwalk and Sports Complex, several theatre and performance

With the average household income of $88,509 within the primary trade area and over 401,000 workplace employees within a

3 LOCATION DETAILS FINDING THE BEAUTY IN ITS NATURAL BEAUTY The Jones Brothers redevelopment is nestled in the North Bank of Downtown Jacksonville just a few blocks from popular Sweet Pete s, Hemming Park and MOCA Jacksonville. Minutes from 1-10 and I-95, it s convenient location attracts a young population under 45, to relish in a pop of culture and an urban living environment. The urban center is home to 13 major headquarters, The Riverwalk and Sports Complex, several theatre and performance halls, museums, cool restaurants and nightlife igniting experience everywhere you turn. With the average household income of $88,509 within the primary trade area and over 401,000 workplace employees within a 15 minute drive-time, the Jones Brothers redevelopment is sure to captivate a strong customer base. ADDRESS: LEASE PRICE: ZONING: COUNTY: N. Hogan Street Jacksonville, FL Negotiable CRO Duval LOCATION DETAILS 502 AND 520 N. HOGAN STREET JACKSONVILLE FL 32202

A BRIEF HISTORY EST. 1926 1880 In the 1880 s, Michael K. Jones founded M.K. Jones Furniture in Savannah, GA and opened 13 locations, including one store located off East Main Street with brothers W.

4 A BRIEF HISTORY EST In the 1880 s, Michael K. Jones founded M.K. Jones Furniture in Savannah, GA and opened 13 locations, including one store located off East Main Street with brothers W. Greider Jones and Robert L. Jones Robert L. Jones developed the Mediterranean Revival structure on Hogan Street for Standard Furniture Co After decades of success in downtown, the owners relocated the business to the suburbs and later closed its doors Michael K. Jones left the furniture chain to 13 brothers and sisters; Robert L. Jones split off from his siblings and started his own company, Standard Furniture Co M.K. Jones Furniture and Standard Furniture Co. merged as Jones Brother s Furniture and operated out of the same Hogan Street building. TODAY Ace Jax proposes to reposition the Jones Brother s Furniture and adjacent Western Union buildings to a mixed-use redevelopment. A BRIEF HISTORY 502 AND 520 N. HOGAN STREET JACKSONVILLE FL 32202

THE VIBE TURNING THE PAGE + GET INSPIRED Jones Brothers is truly distinctive with its

The location is well positioned to allure consumers that commute to the urban core and

It s perfectly situated along the existing Skyway route with a Skyway stop just N and

A future bike path will run directly in front of the property that will bleed into the

With endless transportation options, connectivity throughout the urban core will be at

5 THE VIBE TURNING THE PAGE + GET INSPIRED Jones Brothers is truly distinctive with its historic architectural features and sophisticated industrial vibe. The location is well positioned to allure consumers that commute to the urban core and live in surrounding neighborhoods and sub-markets throughout the First Coast. It s perfectly situated along the existing Skyway route with a Skyway stop just N and S of the site. A future bike path will run directly in front of the property that will bleed into the proposed Emerald Necklace. With endless transportation options, connectivity throughout the urban core will be at your finger tips. The redevelopment is guaranteed to spark a new vibrant mix of residential, restaurants and retail to The North End. FACT: JAX, rated #2 Best City for Young Professionals THE VIBE 502 AND 520 N. HOGAN STREET JACKSONVILLE FL 32202

DEVELOPMENT OVERVIEW BEAUTIFUL BUILDINGS AWAIT PURPOSE + REJUVENATION TO CREATE SENSE OF PLACE.

Commercial parking and signage is available.

THE PARLOR Approximately 2,500 SF of commercial space located on the first floor of the lobby of the historic Jones Brother

Features Include: Roll up storefront Original terrazzo floors Exposed brick + high ceilings Tenant specific storefront

6 DEVELOPMENT OVERVIEW BEAUTIFUL BUILDINGS AWAIT PURPOSE + REJUVENATION TO CREATE SENSE OF PLACE. Below are details of the available commercial space for lease at The Parlor and 502 Hogan. Commercial parking and signage is available. FURNITURE 28 multi-family units, historical in nature with industrial characteristics and modern finishes. THE PARLOR Approximately 2,500 SF of commercial space located on the first floor of the lobby of the historic Jones Brother s Furniture Building. Features Include: Roll up storefront Original terrazzo floors Exposed brick + high ceilings Tenant specific storefront Space can be sub-divided ADJACENT BUILDING NOT IN SCOPE THE PARLOR 502 HOGAN Approximately 9,600 SF commercial space is available for lease. Features Include: High ceilings Existing mezzanine (can be exposed) Exterior building features will be modernized Tenant specific storefronts Space can be sub-divided 502 HOGAN DEVELOPMENT OVERVIEW 502 AND 520 N. HOGAN STREET JACKSONVILLE FL 32202

7 DEMOGRAPHIC SNAPSHOT POPULATION WORKPLACE EMPLOYEES AVG. HOUSEHOLD INCOME PTA (our customer base) 55, ,100 $88,509 5-Minute Drive 14,486 64,516 $54, Minute Drive 101, ,225 $59, Minute Drive 276, ,560 $65,230 DOWNTOWN JACKSONVILLE DEMOGRAPHICS POPULATION OFFICE 2023 PROJECTED HOUSEHOLDS 2,011 4,882 43, ,377 BACHELOR S DEGREE + ABOVE 42.8% 20.9% 20.9% 20.9% # 1 st Largest city by land mass (875 mi 2 ) in the United States + ranks 13 th most populous city. Median age; makes population 4 yrs younger than state 38avg. Best cities for 5millenials Industry headquarters in the region. JAX BY THE NUMBERS Fastest growing city in # 16America. 3Fortune 500 in JAX: CSX Corporation, Fidelity National Financial, + FIS. 20 major financial service firms on Forbes Global List with operations in JAX. 4 th Fastest growing port in the U.S. is JAXPORT. 3Major interstates reaching 61M+ consumers in an 8-hr drive. airports offering 85+ nonstop flights to 10major cities. 1.6M residents live in Northeast Florida. min avg. commute time (less than any major city). 25other 20 + Higher learning colleges + universities in the region. LOCATION & VIBE 502 AND 520 N. HOGAN STREET JACKSONVILLE FL ,000 residents 36% of the population is under 45 years of age 4,842 existing housing Units 57% annual household income is $80k+ 3,300 housing units planned or under construction 266% population growth since major college campus construction projects downtown 70%+ of renters have lived in downtown for more than 2 years 7.4 MILLION square feet of office space 55,160 workers 13 major headquarters 1.4 MILLION square feet of office space proposed GROWTH

8 PRIMARY TRADE AREA + DRIVE TIMES DEVELOPMENT OVERVIEW 502 AND 520 N. HOGAN STREET JACKSONVILLE FL 32202

9 DT JAX DEVELOPMENT PIPELINE 502 AND 520 N. HOGAN STREET JACKSONVILLE FL DT JAX DEVELOPMENT PIPELINE

10 DT JAX RETAIL DT JAX RETAIL 502 AND 520 N. HOGAN STREET JACKSONVILLE FL 32202

11 ABOUT US Ace Jax, a local Jacksonville developer is setting the tone to reuse beautiful historic and gritty buildings to pioneer connectivity and enhancement of The North End of downtown. For decades this area within the urban core has been neglected and now has a vibrant future. Entwine Real Estate and Prime Realty, collectively, will lead the path on marketing and leasing efforts of the modern mixed-use redevelopment. Envision yourself here and want to learn more? For commercial leasing inquiries call: ABOUT US 502 AND 520 N. HOGAN STREET JACKSONVILLE FL 32202

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