The Mattress Firm opening Jefferson Highway location: The former Martin Wine Cellar building at the corner of Jefferson and Old Hammond highways has been sold, and a mattress retailer will move in. Commercial Property Ventures of Boca Raton, Fla., bought the 0.388-acre lot and 3,000-square-foot building for $810,000. The group plans to expand the building and lease it to The Mattress Firm, says Tony DeMarco, an agent with NAI/Latter & Blum who brokered the deal.
Adding to the nightlife: Renovations should start in the next few weeks on a 1,500-seat live music club at the intersection of Florida and Third streets. Plans are to open a House of Blues-type club that would bring in national and local performers, says developer Todd Chambers. The club doesn’t have a name yet, but it will feature two stages and a rooftop deck wrapping around the Coca-Cola sign. The downtown building has been the home of several clubs, including The Shelter, Richoux’s, Parrot Beach and Dante’s. Scott Ritter, the architect designing the bar, says the plan is to make big changes to break with the past. “This will be more intimate, more VIP,” he says.
Under new ownership: DOX Apartments purchased 152 units in the Brandywine Condominiums last week, and intends to purchase another 37 units in the next 30 days. When all is said and done, the new owner will have about $6,200 per unit in the project, and intends to completely rehabilitate them. Several months ago, the condominium complex had 16 of its 298 units burned down. Originally, the project on Darryl Drive was designed for apartments, but was converted to condominiums in the 1980s.
