More retail, restaurant planned for 5 Points

More retail, restaurant  planned for 5 Points
Site plan proposed for development next to Memorial Park. (NAI Hallmark)

Signage at a highly visible corner in the 5 Points area promotes a grand plan for redevelopment of the site of a former dermatology clinic, but there aren’t many details as yet.

The Resident reached out to two NAI Hallmark associates, Austin Kay and Eric Yi, with questions about the plans and received a short statement indicating NAI Hallmark is currently looking to lease two buildings on Riverside Avenue, formerly used by North Florida Dermatology. Kay indicated there are plans for a new façade and “some work” on the single-story building at 1551 Riverside Ave. 

“We’ve got some renderings for some type of retail use with patio, otherwise we will do a medical or office user on the entrance level. That’s really all I can share at this point,” said Kay, a vice president with NAI Hallmark. 

The working name of the development is Riverside Village, which is adjacent to Memorial Park, and the sales prospectus capitalizes on that proximity, noting the walkability of the highly trafficked area. There are several condominiums and apartment buildings within a half-mile or less.

Dr. Frank Schiavone, who owns the properties at 1541 and 1551 Riverside Ave., 1715 and 1721 Memorial Park Drive, and 1729 Memorial Park Terrace, engaged with NAI Hallmark to redevelop the area for retail, restaurant and/or medical/office uses. Overall, the properties total nearly 1.5 acres.

According to records on the City of Jacksonville Property Appraiser’s website, some of the structures have been part of the fabric of Riverside for a long time. The three-story Mediterranean-style residence at 1541 Riverside was built in 1910 before being converted in the late 1970s for commercial use. The one-story building on Riverside was built in 1971 as an office building. On Memorial Park Drive, a two-story house built in 1909 was also converted to office use, while on Memorial Park Terrace, a two-story office building was built in 1919. The fifth property is a parking lot. 

North Florida Dermatology Associates had served patients out of two buildings on Riverside Avenue for 35 years before closing the office and relocating under a new brand, Advanced Dermatology and Cosmetic Surgery, to San Marco in June.

By Kate A. Hallock
Resident Community News

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