News
This could be the future of Brooklyn: Park Street area center of investor activity
Park Street in the Brooklyn area of Downtown could be on the verge of a transformation that would turn vacant parcels and dated buildings into a center of multifamily and commercial uses.
Block One Ventures LLC Announces Largest Land Acquisition to Date
JACKSONVILLE, Fla. (December 31, 2021) – Block One Ventures announced today the purchase of 38.93 acres of property, located within Bartram Commons, near the intersection of I-95 and State Road 9B on the north side of Racetrack Road. The property was purchased from Eastland, the master developer for Bartram Park.
TREVATO DEVELOPMENT GROUP PRESS RELEASE
PRIMARY CONTACT: Nan Kavanaugh, 904-415-0051 • nan@wearewingard.com
FOR IMMEDIATE RELEASE
JACKSONVILLE, Fla. (December 31, 2021) – Block One Ventures announced today the purchase of 38.93 acres of property, located within Bartram Commons, near the intersection of I-95 and State Road 9B on the north side of Racetrack Road. The property was purchased from Eastland, the master developer for Bartram Park.
The property was purchased from Eastland the master developer for Bartram Park. It exceeds Block One Ventures and its affiliates previous land acquisitions by four times, making it the largest undeveloped land parcel purchase to date.
Block One Ventures plans to develop the property in three separate projects. The three developments will include 1,069 residential multifamily units adjacent to the growing Durbin Park community, a 1,600-acre development now entering its second phase of construction. Durbin Park Phase 2 urban village will include a hospital, hotel and significant commercial and retail space.
“This area of Northeast Florida is one of the fastest-growing commercial development corridors in the state,” said Katelyn Taylor, Operations Manager. “Our team is excited to design and build three separate and unique parcels to provide various residential options for the growing community of Northeast Florida.”
Construction is anticipated to begin in the third quarter of 2022. Dynamik Design, based in Atlanta, has been selected as the projects’ architectural firm and England, Thims, & Miller Inc. (ETM) will serve as civil engineer. This development will be Block One Ventures’ eighth, nineth, and tenth projects in Northeast Florida. Previous projects include Courtney Meadows at Town Center, Soleil and Seaglass at Ponte Vedra Beach, The Point at Town Center, The Reserve at Nocatee, Argyle Lake at Oakleaf and The Station at San Marco, which is currently in the early phases of construction.
About Block One Ventures
Founded in 2015, Block One Ventures is a commercial real estate company with expertise in identifying quality real estate opportunities focused on building multi-housing residential developments in the path of growth. Block One Ventures focuses on acquiring premier real estate with long-term potential for significant value creation and is an affiliate of Trevato Development Group. To learn more, visit blockoneventures.com
The Indigo Road Hospitality Group Announces the Opening of O-Ku in Jacksonville Beach
JACKSONVILLE, Fla. (December 14, 2021) – The Indigo Road Hospitality Group (IRHG), an award-winning hospitality team based out of Charleston, South Carolina, announces its newest restaurant location to open in Jacksonville Beach in early 2022. This will be the first restaurant by the group to open in Florida and the seventh O-Ku location.
TREVATO DEVELOPMENT GROUP PRESS RELEASE
PRIMARY CONTACT: Holly Smith-Hale, 90.51.4490, holly@henhousemarketing.com
FOR IMMEDIATE RELEASE
JACKSONVILLE, Fla. (December 14, 2021) – The Indigo Road Hospitality Group (IRHG), an award-winning hospitality team based out of Charleston, South Carolina, announces its newest restaurant location to open in Jacksonville Beach in early 2022. This will be the first restaurant by the group to open in Florida and the seventh O-Ku location.
Inspired by the original Charleston location and similar to fellow O-Ku locations (Nashville; Atlanta; Charlotte, N.C.; Raleigh, N.C.; Washington D.C.), the Jacksonville Beach menu will provide a fresh and innovative take on traditional Japanese sushi and cuisine. The modern Japanese restaurants offer rare and unique dining options with sashimi and specialty rolls, sourcing seafood from the finest fish markets in Tokyo and Hawaii, alongside well-known local fisheries, and local purveyors.
O-Ku Jacksonville Beach, located at 502 First Street North, is ideally situated directly across from the iconic Jax Beach pier and is among a few select restaurants at the Beaches to offer ocean views, and the especially coveted rooftop dining and bar.
“Once we visited Jax Beach, it immediately felt like home for O-Ku,” said Steve Palmer, IRHG founder on why they chose Jacksonville. “We are always looking for vibrant coastal communities to plant roots in, and what could be better than fresh sushi among a beautiful beach view? This is a wonderful community with welcoming neighbors, and we are looking forward to joining the growing culinary scene here.”
Palmer is not new to the Florida hospitality scene. Prior to forming The Indigo Road in 2009, Palmer served as vice president of food and beverage for the Ginn Clubs and Resorts, where he managed eleven properties in the Southeast and the Caribbean. Much of his time was spent at the varied properties, where he grew an appreciation for Florida living and hospitality. With an early start in the trade, a dishwasher at the ripe age of 13, Steve has worked in all aspects of hospitality and in various locations. Palmer now proudly introduces his O-Ku concept to his prior home base on Florida’s First Coast.
The Indigo Road was welcomed to the area by Trevato Development Group, owner of the prime 502 First Street location. “This stretch of First Street North is home to our headquarters located in the former J. Johnson Gallery. We are excited to have O-Ku, a restaurant with a strong reputation throughout the Southeast, as a neighbor,” said Katelyn Taylor, Head of Operations of Trevato Development Group. “Their opening coinciding with the completion of The Gallery’s rooftop event space will make this block of Jacksonville Beach a destination.”
O-Ku is expected to open in early 2022 and is currently hiring for all positions. The space will be open for dinner and cocktails initially, with lunch hours to follow in early Spring. The restaurant is approximately 4,400 square feet and can seat up to 165 guests. The menu will feature traditional O-Ku signature items with a balance of locally inspired chef specials.
The Indigo Road Hospitality Group
Founded in 2009 by Steve Palmer, The Indigo Road Hospitality Group (IRHG) owns, operates, and manages restaurants and boutique hotels throughout the country. Based in the Southeast, IRHG is founded upon the core principle of serving with love and creating memorable experiences for all. In 2019, IRHG marked its tenth anniversary by being named a Forbes Small Giant and appearing on the Inc. 5000 Fastest Growing Companies list, and in 2020 announced that hotelier Larry Spelts joined The Indigo Road as a partner and president of its new venture into lodging with a focus on food and beverage driven boutique hotels. The Indigo Road’s dedication to excellence in food and beverage has been recognized the past three consecutive years (’18,’19, & ’20) by Palmer being named a semi-finalist by the James Beard Foundation’s award for Outstanding Restaurateur-US. For more information on the portfolio, team, core values and services, visit theindigoroad.com.
Media Coverage
O-ku Coming to Jacksonville Beach
O-Ku bringing sushi, rooftop bar to Jacksonville Beach
Trevato Development Group Announces Purchase of Jacksonville Beach Property
JACKSONVILLE BEACH, Fla. — October 8, 2021 — Trevato Development Group announced the purchase of the property located at 704 1st Street N. in Jacksonville Beach. The 1.36-acre vacant property is the former site of the Dolphin Depot restaurant and directly across First Street from the recently opened Margaritaville Beach Hotel. The $8.5 million purchase closed today.
TREVATO DEVELOPMENT GROUP PRESS RELEASE
PRIMARY CONTACT: Nan Kavanaugh, 904.415.0051 or nan@wearewingard.com
FOR IMMEDIATE RELEASE
JACKSONVILLE BEACH, Fla. — October 8, 2021 — Trevato Development Group announced the purchase of the property located at 704 1st Street N. in Jacksonville Beach. The 1.36-acre vacant property is the former site of the Dolphin Depot restaurant and directly across First Street from the recently opened Margaritaville Beach Hotel. The $8.5 million purchase closed today.
The property is located in the Jacksonville Beach Central Business District on the block between First and Second Streets North, and Sixth and Seventh Avenues North. Trevato plans to redevelop the property to include a vibrant, pedestrian-friendly, mixed-use development featuring 180 parking spaces.
This development will be Trevato’s fifth project in Northeast Florida’s coastal community in which they are headquartered. Other projects by the Jacksonville Beach-based group include the multimillion dollar renovation and repurpose of the former Freebird Live building at 200 1st Street N., now home to Surfer the Bar and Rip Curl; The Gallery, a mixed-use development that reactivated the former J. Johnson Gallery along the First Street North and Fourth Avenue corridor; as well as a property at 502 1st Street N., which will feature an upscale restaurant and rooftop dining operated by an experienced hospitality group new to the N. Florida market. Currently, Trevato is seeking approvals to redevelop Adventure Landing, which was acquired pursuant to bankruptcy proceedings.
“Trevato is dedicated to investing in its community,” said Steve Diebenow, attorney for Trevato Development Group. “This project, like all of their initiatives, is driven by a passion for placemaking in dynamic neighborhoods.”
About Trevato Development Group
Founded in 2016, Trevato Development Group is a privately held real estate investment and development company that is dedicated to creating high-quality projects with a focus inspired by successful comparables in larger up-and-coming cities. Based in Jacksonville Beach, Florida, Trevato embraces local character combined with new and innovative experiences that promote walkability and a vibrant sense of place. To learn more, visit trevatogroup.com.
Construction Begins on Newest Community in Historic San Marco
JACKSONVILLE, Fla. (August 18, 2021) – Construction is underway on an urban, infill mixed-use development along an active, central corridor in historic San Marco. Located at 1230 Hendricks Ave., the 3.3-acre property is adjacent to I-95 and close to the growing medical center downtown, including the renowned Baptist Health MD Anderson Cancer Center. It’s also walkable to the shops and restaurants in San Marco Square. The property will bring a community-focused combination of residential and retail to the Jacksonville area, with easy access to downtown.
TREVATO DEVELOPMENT GROUP PRESS RELEASE
PRIMARY CONTACT: Nan Kavanaugh, 904.415.0051 or nan@wearewingard.com
FOR IMMEDIATE RELEASE
JACKSONVILLE, Fla. (August 18, 2021) – Construction is underway on an urban, infill mixed-use development along an active, central corridor in historic San Marco. Located at 1230 Hendricks Ave., the 3.3-acre property is adjacent to I-95 and close to the growing medical center downtown, including the renowned Baptist Health MD Anderson Cancer Center. It’s also walkable to the shops and restaurants in San Marco Square. The property will bring a community-focused combination of residential and retail to the Jacksonville area, with easy access to downtown.
The design for the project is a blend of contemporary massing and organization with a mix of traditional and contemporary materials. Clean lines created with modern elements like the cantilevered roof features and smooth metal and fiber cement panels make bold moves to define the overall feel of the project while materials of varying textures, including wood lap siding and corrugated metal panel, incorporate a human-scale texture into the overall composition. Extensive transparent glazing at the ground floor dissolves the barrier between the indoor spaces and the public realm, inviting passers-by inside during the day and allowing the activity inside to spill out from the illuminated interiors. A rooftop pool takes advantage of its elevation to create panoramic views of Jacksonville while simultaneously separating itself from the hustle and bustle of the street.
The 1230 Hendricks is comprised of 345 multi-family units including studio, 1- and 2-bedroom units ranging in size from 557 to 1,414 square feet. The five-story building also will include 5,000 square feet of street-level retail space across the street from V Pizza, Panera, La Nopalera and Mayday Ice Cream.
Residents will enjoy multiple amenity options including an expansive fitness center, bike storage, pet spa, clubroom with gaming, lounging and remote work areas, spacious pool courtyard, lush garden courtyard, and views across the river to downtown Jacksonville from the rooftop pool and sky lounge topping the sixth level of the parking deck.
Designed by the Atlanta-based firm Dynamik Design, the project will begin pre-leasing in 2022, and is being developed by Block One Ventures and its affiliates. Jacksonville firms ETM and Miranda Contracting Group are providing engineering and sitework services, respectively.
Block One Ventures is part of an affiliated group – including Trevato Development Group – of privately held real estate investment and development companies located in Jacksonville, Fla.
Rendering: Dynamik Design
This could be the future of Brooklyn: Park Street area center of investor activity
Park Street in the Brooklyn area of Downtown could be on the verge of a transformation that would turn vacant parcels and dated buildings into a center of multifamily and commercial uses.
The Indigo Road Hospitality Group Announces the Opening of O-Ku in Jacksonville Beach
JACKSONVILLE, Fla. (December 14, 2021) – The Indigo Road Hospitality Group (IRHG), an award-winning hospitality team based out of Charleston, South Carolina, announces its newest restaurant location to open in Jacksonville Beach in early 2022. This will be the first restaurant by the group to open in Florida and the seventh O-Ku location.
TREVATO DEVELOPMENT GROUP PRESS RELEASE
PRIMARY CONTACT: Holly Smith-Hale, 90.51.4490, holly@henhousemarketing.com
FOR IMMEDIATE RELEASE
JACKSONVILLE, Fla. (December 14, 2021) – The Indigo Road Hospitality Group (IRHG), an award-winning hospitality team based out of Charleston, South Carolina, announces its newest restaurant location to open in Jacksonville Beach in early 2022. This will be the first restaurant by the group to open in Florida and the seventh O-Ku location.
Inspired by the original Charleston location and similar to fellow O-Ku locations (Nashville; Atlanta; Charlotte, N.C.; Raleigh, N.C.; Washington D.C.), the Jacksonville Beach menu will provide a fresh and innovative take on traditional Japanese sushi and cuisine. The modern Japanese restaurants offer rare and unique dining options with sashimi and specialty rolls, sourcing seafood from the finest fish markets in Tokyo and Hawaii, alongside well-known local fisheries, and local purveyors.
O-Ku Jacksonville Beach, located at 502 First Street North, is ideally situated directly across from the iconic Jax Beach pier and is among a few select restaurants at the Beaches to offer ocean views, and the especially coveted rooftop dining and bar.
“Once we visited Jax Beach, it immediately felt like home for O-Ku,” said Steve Palmer, IRHG founder on why they chose Jacksonville. “We are always looking for vibrant coastal communities to plant roots in, and what could be better than fresh sushi among a beautiful beach view? This is a wonderful community with welcoming neighbors, and we are looking forward to joining the growing culinary scene here.”
Palmer is not new to the Florida hospitality scene. Prior to forming The Indigo Road in 2009, Palmer served as vice president of food and beverage for the Ginn Clubs and Resorts, where he managed eleven properties in the Southeast and the Caribbean. Much of his time was spent at the varied properties, where he grew an appreciation for Florida living and hospitality. With an early start in the trade, a dishwasher at the ripe age of 13, Steve has worked in all aspects of hospitality and in various locations. Palmer now proudly introduces his O-Ku concept to his prior home base on Florida’s First Coast.
The Indigo Road was welcomed to the area by Trevato Development Group, owner of the prime 502 First Street location. “This stretch of First Street North is home to our headquarters located in the former J. Johnson Gallery. We are excited to have O-Ku, a restaurant with a strong reputation throughout the Southeast, as a neighbor,” said Katelyn Taylor, Head of Operations of Trevato Development Group. “Their opening coinciding with the completion of The Gallery’s rooftop event space will make this block of Jacksonville Beach a destination.”
O-Ku is expected to open in early 2022 and is currently hiring for all positions. The space will be open for dinner and cocktails initially, with lunch hours to follow in early Spring. The restaurant is approximately 4,400 square feet and can seat up to 165 guests. The menu will feature traditional O-Ku signature items with a balance of locally inspired chef specials.
The Indigo Road Hospitality Group
Founded in 2009 by Steve Palmer, The Indigo Road Hospitality Group (IRHG) owns, operates, and manages restaurants and boutique hotels throughout the country. Based in the Southeast, IRHG is founded upon the core principle of serving with love and creating memorable experiences for all. In 2019, IRHG marked its tenth anniversary by being named a Forbes Small Giant and appearing on the Inc. 5000 Fastest Growing Companies list, and in 2020 announced that hotelier Larry Spelts joined The Indigo Road as a partner and president of its new venture into lodging with a focus on food and beverage driven boutique hotels. The Indigo Road’s dedication to excellence in food and beverage has been recognized the past three consecutive years (’18,’19, & ’20) by Palmer being named a semi-finalist by the James Beard Foundation’s award for Outstanding Restaurateur-US. For more information on the portfolio, team, core values and services, visit theindigoroad.com.
Media Coverage
O-ku Coming to Jacksonville Beach
O-Ku bringing sushi, rooftop bar to Jacksonville Beach
Trevato Development Group Announces Purchase of Jacksonville Beach Property
JACKSONVILLE BEACH, Fla. — October 8, 2021 — Trevato Development Group announced the purchase of the property located at 704 1st Street N. in Jacksonville Beach. The 1.36-acre vacant property is the former site of the Dolphin Depot restaurant and directly across First Street from the recently opened Margaritaville Beach Hotel. The $8.5 million purchase closed today.
TREVATO DEVELOPMENT GROUP PRESS RELEASE
PRIMARY CONTACT: Nan Kavanaugh, 904.415.0051 or nan@wearewingard.com
FOR IMMEDIATE RELEASE
JACKSONVILLE BEACH, Fla. — October 8, 2021 — Trevato Development Group announced the purchase of the property located at 704 1st Street N. in Jacksonville Beach. The 1.36-acre vacant property is the former site of the Dolphin Depot restaurant and directly across First Street from the recently opened Margaritaville Beach Hotel. The $8.5 million purchase closed today.
The property is located in the Jacksonville Beach Central Business District on the block between First and Second Streets North, and Sixth and Seventh Avenues North. Trevato plans to redevelop the property to include a vibrant, pedestrian-friendly, mixed-use development featuring 180 parking spaces.
This development will be Trevato’s fifth project in Northeast Florida’s coastal community in which they are headquartered. Other projects by the Jacksonville Beach-based group include the multimillion dollar renovation and repurpose of the former Freebird Live building at 200 1st Street N., now home to Surfer the Bar and Rip Curl; The Gallery, a mixed-use development that reactivated the former J. Johnson Gallery along the First Street North and Fourth Avenue corridor; as well as a property at 502 1st Street N., which will feature an upscale restaurant and rooftop dining operated by an experienced hospitality group new to the N. Florida market. Currently, Trevato is seeking approvals to redevelop Adventure Landing, which was acquired pursuant to bankruptcy proceedings.
“Trevato is dedicated to investing in its community,” said Steve Diebenow, attorney for Trevato Development Group. “This project, like all of their initiatives, is driven by a passion for placemaking in dynamic neighborhoods.”
About Trevato Development Group
Founded in 2016, Trevato Development Group is a privately held real estate investment and development company that is dedicated to creating high-quality projects with a focus inspired by successful comparables in larger up-and-coming cities. Based in Jacksonville Beach, Florida, Trevato embraces local character combined with new and innovative experiences that promote walkability and a vibrant sense of place. To learn more, visit trevatogroup.com.
Construction Underway for Mixed-Use Development Near Mayo Clinic
JACKSONVILLE, Fla. (July 9, 2021) – Construction is underway on the first phase of a mixed-use development on 40 acres near Mayo Clinic. The multi-structure property is situated between San Pablo Parkway and San Pablo Road, near J Turner Butler Blvd. and Beach Blvd. The property will bring a unique, community-focused combination of residential, office, retail and hospitality to the Jacksonville area, all within walking distance of Mayo Clinic and with easy access to both the beaches and downtown.
TREVATO DEVELOPMENT GROUP PRESS RELEASE
PRIMARY CONTACT: Nan Kavanaugh, 904.415.0051 or nan@wearewingard.com
FOR IMMEDIATE RELEASE
JACKSONVILLE, Fla. (July 9, 2021) – Construction is underway on the first phase of a mixed-use development on 40 acres near Mayo Clinic. The multi-structure property is situated between San Pablo Parkway and San Pablo Road, near J Turner Butler Blvd. and Beach Blvd. The property will bring a unique, community-focused combination of residential, office, retail and hospitality to the Jacksonville area, all within walking distance of Mayo Clinic and with easy access to both the beaches and downtown.
The San Pablo Apartments, comprised of 304 multi-family units, will include 1-, 2- and 3-bedroom units and carriage houses ranging in size from 669 SF up to 1,599 SF. The four-story exterior will feature beautiful color accents amid clean lines, giving it a sophisticated, timeless look. The property will offer premium balcony units, an 8,000-square foot clubhouse, state-of-the-art 24-hour fitness center, a resort-inspired pool and walking/running nature trails. It also will offer a fenced-in playground, dog park, spa and lush common areas all within walking distance to nearby dining and shopping options.
The second phase of the development, facing San Pablo Parkway, currently is designed to include 59,000 square feet of high-end retail and office space. The property will include a highly programmed interactive park-like area for yoga, live music, food festivals and other community activities with extensive landscaping. Residents of the San Pablo Apartments may access this area via a pedestrian bridge. Future plans also include a hotel to complement the mixed use.
Designed by the Atlanta-based firm Dynamik Design, the first phase of the project will begin pre-leasing in 2022, and is being developed by Trevato Development Group, an affiliate of Block One Ventures. Jacksonville firms Prosser and Miranda Contracting Group are providing engineering and sitework services, respectively.
Trevato Development Group is a privately held real estate investment and development company. Located in Jacksonville, Florida, its objective is to produce high quality projects, importing features from successful comparables in larger up-and-coming cities. Trevato embraces local character while creating new and innovative experiences allowing for walkability and sense of place.
For more information on retail availability, please contact CBRE Associate Lara Bahri, 904.630.6360.
Rendering: Dynamik Design
Historic Jacksonville Beach Building Transformed for Mixed Use
JACKSONVILLE BEACH, Fla. (Jan. 15, 2017) – The iconic building located at 200 1st St., North in Jacksonville Beach underwent a complete multi-million-dollar transformation. What was once the concert venue Freebird Live has transformed to a reimagined mixed-use space where Surfer the Bar and Rip Curl now call home. The 1920s-era structure was purchased by Jacksonville-based Trevato Development Group who leases it to the current occupants.
TREVATO DEVELOPMENT GROUP PRESS RELEASE
PRIMARY CONTACT: Nan Kavanaugh, 904.415.0051 or nan@wearewingard.com
FOR IMMEDIATE RELEASE
JACKSONVILLE BEACH, Fla. (Jan. 15, 2017) – The iconic building located at 200 1st St., North in Jacksonville Beach underwent a complete multi-million-dollar transformation. What was once the concert venue Freebird Live has transformed to a reimagined mixed-use space where Surfer the Bar and Rip Curl now call home. The 1920s-era structure was purchased by Jacksonville-based Trevato Development Group who leases it to the current occupants.
With a two-story layout in sight of the beach and across the street from the SeaWalk Pavilion, the 10,000-square-foot restaurant and retail space offer patrons unique beach-themed experiences – from live music and balcony seating to food truck fare and cocktails to surf gear and clothing.
Developed by Surf Concepts, LLC, and inspired by Surfer Magazine, Surfer the Bar offers a coastal vibe, surf media and live entertainment much like its namesake at the Turtle Bay Resort in Kahuku, Oahu. It features two main bars inside and as well as a 1962 Airstream inside the venue offering a surfer-inspired menu. The décor includes award-winning photography unique to its locale, and in partnership with the magazine, offers high-profile events with surf legends. Surfer Magazine, owned by a360media (previously American Media, Inc.) is known as the “bible of the sport” and is considered the foremost authority on surf culture since 1960. Rip Curl was founded in 1969 and is one of the world’s most recognized and respected brands. It has been at the forefront of the surf and snow scenes since its creation. Rip Curl specializes in surf gear including wetsuits, backpacks, board bags and other surf merchandise.
The building was designed by the award-winning firm Cronk Duch Architecture who has also been involved in numerous projects throughout the beaches area including Atlantic Beach’s Town Square and the mixed-use center featuring Salt Life.
Trevato Development Group is a privately held real estate investment and development company. Located in Jacksonville, Fla., its objective is to produce high-quality projects, importing features from successful comparables in larger up-and-coming cities. Trevato embraces local character while creating new and innovative experiences allowing for walkability and sense of place.
For more information about Surfer the Bar, please contact General Manager Billy Crawford, 904.372.9756.
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