Newspaper article The Florida Times Union

Area Brewery Considers Uses for Land

Newspaper article The Florida Times Union

Area Brewery Considers Uses for Land

Article excerpt

Byline: Karen Brune Mathis, Times-Union senior business writer

While Anheuser-Busch Inc. said it has no immediate plans for development, company representatives filed an application with the city that outlines a potential 750-acre business park that could create more than 5 million square feet of commercial and warehouse space along Busch Drive next to its North Jacksonville brewery.

The informal concurrency review application, made in December to the Jacksonville Planning and Development Department concurrency management system office, indicates that the potential A-B Business Park could generate about 2,000 permanent jobs, and site development and preparation costs are estimated at $20 million.

The St. Louis-based company, whose products include Budweiser, Busch and Michelob beers and claims at least 48 percent of the domestic beer market, issued a statement yesterday that it was reviewing development possibilities for the site in light of a transfer of 4 acres along Interstate 95 to the state.

In the statement attributed to Busch Properties Inc. Vice President John Martz Jr., the company said that it and the state have not agreed to a value of the transferred acreage that is part of the brewery site.

"To determine the value of the acreage for the purchase, we are reviewing the future development possibilities for the property site, which totals 750 acres. This is part of the normal process for assessing commercial and warehousing property values," the statement said.

"We have no immediate plans to develop the site," it concludes.

Nonetheless, the application outlines what could become one of the area's largest commercial and industrial parks.

The application, reviewed by the concurrency office and issued Jan. 4, shows an estimated 4,889,610 square feet of warehouse and distribution space on 449 acres and another 222,156 square feet of service and commercial buildings on 30 acres, totaling 5,111,766 square feet of space on 479 acres. …

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