Florida Trend | Florida's Business Authority

Northeast Business Briefs - Feb. 2008

ALACHUA —
» Biotechnology startup AxoGen landed $12 million from four venture capital firms to market its nerve graft to surgeons and develop new nerve-related products.

CLAY COUNTY —
» Officials hope a 3,276-acre proposed community called Governors Park, just south of Green Cove Springs, will bring jobs as well as homes to the county, where 60% of the work-force commutes to Jacksonville. Developer Jackson-Shaw estimated 6,312 jobs at buildout.

GAINESVILLE —
» Former U.S. Sen. Bob Graham and his family donated $1.5 million to the University of Florida to help establish graduate and undergraduate programs in public policy and leadership. It’s the first major endowment to the new Bob Graham Center for Public Service at UF, focused on public service, homeland security and hemispheric relations.

JACKSONVILLE —
» ICS Logistics announced plans for an industrial warehouse complex and transportation terminal on 44 acres in the Imeson International Industrial Park.

» Jacksonville International Airport is undergoing a $170-million facelift that will double the size of two concourses and add two gates.

» The Cascone Family Foundation gave the University of North Florida $350,000 for a study-abroad endowment. The gift is eligible for state matching funds that bring the total to $525,000.

» Firehouse Subs announced plans for 100 new sub shops this year, many in markets the company has never franchised. The Jacksonville-based chain has 300 restaurants.

» A December chemical plant explosion at T2 Laboratories killed four employees, including founder Scott Gallagher. Federal officials say it was the country’s worst since a 2005 blast at a BP plant killed 15 in Texas.

LAKE CITY —
» SUCCEED Florida, established to help educational programs meet the state’s workforce needs, awarded $750,000 to Lake City Community College to expand programs in the Academy of Allied Health and Educator Preparation Institute.

ST. JOHNS COUNTY —
» Jacksonville retail development company Regency Centers bought 24 acres to build a shopping center in Nocatee, the 14,000-acre community that straddles St. Johns and Duval counties. The Florida Times-Union reported home sales in Nocatee are going slower than anticipated, with only 240 homes sold.