Skip to main content Skip to footer

Colliers Urban Division representing One Riverside’s retail leasing

OneRiverside_1536x1040 Hero Image

The 18.8-acre Northbank site will comprise apartments, a grocer and shops.

Matthew Clark, senior director of Colliers, will be the tenant leasing representative for One Riverside along with the real estate company’s associates Sam Middlekauff and Olivia Steinemann.

Clark posted on LinkedIn that Colliers’ Urban Division is the exclusive leasing team for the retail part of the riverfront project at 1 Riverside Ave., the former campus of The Florida Times-Union.

“Located in Jacksonville’s ever-evolving Brooklyn neighborhood, the newly reimagined mixed-use One Riverside project will bring riverfront modern retail and dining options coupled with a 43,000 SF lifestyle grocer and 270 residential units,” says the post.

The identity of the grocer has not been announced.

“At the intersection of connectivity, this epicenter will offer direct access to the Emerald Trail and Riverwalk, offering heavy pedestrian activity throughout the day.” Clark posted. 

The Emerald Trail network of parks and pathways will connect Jacksonville’s Downtown neighborhoods

Clark said the first phase will include 15,000 square feet of retail and restaurant space and the second phase will add 15,000 square feet on McCoys Creek. It also will add more apartments.

Atlanta-based Fuqua Development paid $25 million on Feb. 4  for the 18.84-aces site. It sold 4.3 acres to TriBridge Residential for $15.5 million and 4.95 acres to the city for $6.04 million. 

TriBridge Residential is Fuqua’s partner in the apartment development. The city will restore McCoys Creek and develop a park. 

Fuqua will develop the retail and restaurant portion.

The site is on the Northbank of the St. Johns River and along the Riverwalk.

“Fronting the St. Johns River, these retail and restaurant opportunities will be a gathering place to dine and lounge while taking in the sites of the Riverwalk and frontage on the Emerald Trail – an amenity no other retail in Jacksonville can match,” Clark said in an email March 27.

Atlanta-based Fuqua Development paid $25 million on Feb. 4 for the 18.84-acre former Times-Union campus that it will redevelop into the mixed-use One Riverside.

The Times-Union newsroom and operations moved in April 19 to Wells Fargo Center.

Jeff Fuqua, principal of Fuqua Development, said Feb. 27 the demolition and clearing of the site should be completed in July. 

 

Source: Jax Daily Record



Related Experts

Matthew Clark

Senior Director

Jacksonville

Matthew has experience with a broad spectrum of retail and office real estate product types, including urban retail streets and districts, New Urbanism developments, mixed-use developments, traditional strip malls, and grocery-anchored community centers. From multi-level marketing campaigns for retail and office assets to detailed operational analyses and strategic repositioning of underperforming assets, Matthew provides professional services that enable landlords to realize the highest value for their office or retail properties.

Prior to joining Colliers International, Matthew served for more than a decade as Senior Vice President at Jacksonville-based Prime Realty. There he oversaw combined sales and leasing transactions of more than $250 million over an aggregate 1.5 million square feet.

Matthew’s office portfolio at Prime encompassed some 330,000 square feet with a focus on urban-infill opportunities. There he worked with landlords to reposition and rebrand office assets for growth in occupancy rates and market value. He also helped tenants spanning multiple industries negotiate leases and prepare for acquisitions.

Likewise, in retail settings, Matthew was instrumental in repositioning markets and assets to garner higher rental rates. In Jacksonville’s Five Points submarket, his work with new local and regional tenants realized a 167 percent rent increase over a five-year period. He also assisted in site selection on behalf of a diverse portfolio of regional- and national-name tenants.

Before joining Prime, Matthew served as Program Manager at Ponte Vedra Beach-based MarketingExperiments, the first internet-based marketing research lab. There, he and his team optimized marketing and sales processes on behalf of companies such as Royal Bank of Canada, Reuters, the New York Times and Schlumberger. Prior to that, he developed and implemented marketing strategies and digital tools to showcase residential properties for The Vestcor Companies.

View expert

Olivia Steinemann

Associate

Jacksonville

Olivia graduated from Florida State University's College of Business. Following graduation, she moved to Jacksonville to build her career in commercial real estate.  Over the past couple of years, Olivia has worked as a Sales Associate at Steinemann & Company. During her time in this position, she focused on generating sales and leasing leads for office, mixed-use, and land development. In addition, Olivia had the opportunity to collaborate with developers in the Jacksonville area and work on large-scale projects such as World Commerce Center, San Pablo Place, and Sutton Place at Windsor Parke. As a Colliers associate, Olivia strives to bring creative concepts to the Jacksonville area and set the stage for future generations to thrive.

View expert

Sam Middlekauff

Associate

Jacksonville

Sam joined Colliers International in June of 2021 as an Associate. As a life long resident of Jacksonville, Sam has a vast knowledge of the local market along with deep connections in the community that allow him to navigate through the complexities within this industry. He brings experience in sales, acquisitions, and financial analysis as he works alongside Matthew Clark and continues to develope and grow as an Associate.

View expert