Business Briefs 1/19/17

Clay Today
Posted 1/18/17

Fresh Market back on trackFLEMING ISLAND – O’Connor Development Corp. has reached an agreement with The Fresh Market to begin interior build-out of its store on Fleming Island. The store …

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Business Briefs 1/19/17

Posted

Fresh Market back on track
FLEMING ISLAND – O’Connor Development Corp. has reached an agreement with The Fresh Market to begin interior build-out of its store on Fleming Island. The store is located on County Road 220 & East West Parkway at the Island Walk North Shopping Center in front of Kohl’s.
Completion is scheduled for April with a store opening date of May 17, 2017.
After being announced in 2015, the Fleming Island store got delayed when private equity firm Apollo Global Management of New York City purchased The Fresh Market for $1.36 billion. Shortly after the purchase, Apollo began some belt tightening, which included closing 13 stores in four states, while other Fresh Markets under construction at the time of purchase, were paused.
Other tenants at the Island Walk North Shopping Center are open and have received warm welcomes from the community include Maple Street Biscuit, Arlette’s Place, Williams Jewelry, Woof Gang Bakery, Exit Realty, Huntington Learning Center, Sola Salon, Jimmy John’s and Pure Barre. The Loop, which is currently under construction, plans to open in March.

Superior Fireworks announces new $2.8 million HQ
ORANGE PARK – Superior Fireworks, a consumer fireworks importer, wholesaler and retailer, announced it will soon begin construction on a new $2.8 million headquarters near Orange Park. The 24,500-square-foot building will serve as the company’s main office and distribution center and feature a 5,000-square-foot retail store.
Matt Pappas, the company’s president, said the new facility will be almost four times the size of the current location at 20 Knight Boxx Rd. and is necessary to keep up with recent growth.
“Our business has nearly tripled in size over the past few years,” he said. “It would be impossible to continue that kind of growth without investing in new infrastructure, and we're happy to reinvest in our community as we expand and plan for the future.”
The new facility will be at 1425 Blanding Blvd., less than a mile from the current location.
Construction is expected to begin in mid-to-late January and finish in the fall.
Founded in 2001, Superior Fireworks was featured in the Inc. 5000 as one of the nation’s fastest-growing, privately-held companies.

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