The solid recognition prompted St. Joe Commercial vice presidentFrank W. Herring to explain the strategy behind thecommendation.
"We changed an exterior shell that was largely cosmetic intoload-bearing structural walls with window spaces, and offsetfacades that are visually appealing from the outside," saysHerring. "That was a major concern for all of us, especiallyRollins College" which owns the building's land.
The one-year-old asset offers an 849-space parking garage "thatlooks more like a row of elegant townhomes and more in keeping withthe chic Park Avenue environment," Herring says.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
*May exclude premium content
Already have an account?
Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
