Page 48 - Regency Square News Today : Breaking News, Live Updates & Top Stories | Vimarsana

As J.C. Penney Co. Inc. exited bankruptcy last week, the company sold its Jacksonville store property at The Avenues mall to a new real estate company formed in the Chapter 11 reorganization. While the property was sold, the store at 10308 Southside Blvd. remains open. J.C. Penney’s reorganization plan included selling its retail and operating assets to a partnership of mall owners Simon Property Group and Brookfield Asset Management. A real estate entity owned by the company’s lenders was formed to take over 160 properties owned by J.C. Penney, which included The Avenues store site. J.C...

Chef Dan Kenny has announced that his trendy Brighton restaurant The Set will close permanently at the end of March next year. Announcing the closure on Instagram​​, Kenny said he hoped the restaurant would live on and be able to find a new home, but added that he and team may also look at pursuing new projects in the future. Located within the Artist Residence hotel on Regency Square, The Set was opened by Kenny in 2015.  In 2017 the chef also took over responsibility for the Artist Residence's breakfast offering, and then in 2018 was put in charge of the h...

With the land bought and financing in place, Atlanta developer Shelton McNally Real Estate Partners LLC is preparing to build the 300-unit Novo Kendall Town apartments in the Regency area. GL National Inc. and Shaner Select Services Hotels VIII LLC sold almost 16.7 acres east of Southside Connector along Kendall Town Boulevard. Novo Jacksonville Owner LLC paid $4.5 million for the vacant land Dec. 10, financed with a $28.6 million mortgage from Synovus Bank in Columbus, Georgia. The mortgage was made to Shelton McNally. The deeds are in the address of Pacific Coast Capital Partners of Los Ang...