{"id":387460,"date":"2025-11-18T11:44:12","date_gmt":"2025-11-18T11:44:12","guid":{"rendered":"https:\/\/www.europesays.com\/us\/387460\/"},"modified":"2025-11-18T11:44:12","modified_gmt":"2025-11-18T11:44:12","slug":"deal-to-buy-casa-marina-hotel-in-jacksonville-beach-falls-through-jdr","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/us\/387460\/","title":{"rendered":"Deal to buy Casa Marina Hotel in Jacksonville Beach falls through: JDR"},"content":{"rendered":"<p class=\"dist__Box-sc-1fnzlkn-0 dist__TextBase-sc-1fnzlkn-3 bYFsJw cuqaEv article-text\"><strong>JACKSONVILLE BEACH, Fla.<\/strong> \u2013 A planned sale of Casa Marina Hotel &amp; Restaurant in Jacksonville Beach to real estate development firm Corner Lot has fallen through,<a href=\"https:\/\/www.jaxdailyrecord.com\/news\/2025\/nov\/17\/corner-lot-deal-to-buy-casa-marina-hotel-in-jacksonville-beach-falls-through\/\" target=\"_blank\" rel=\"noopener\" title=\"https:\/\/www.jaxdailyrecord.com\/news\/2025\/nov\/17\/corner-lot-deal-to-buy-casa-marina-hotel-in-jacksonville-beach-falls-through\/\"> according to News4JAX partners at the Jacksonville Daily Record.<\/a><\/p>\n<p class=\"dist__Box-sc-1fnzlkn-0 dist__TextBase-sc-1fnzlkn-3 bYFsJw cuqaEv article-text\">According to the JDR, Elias Hionides of the Petra real estate, which owns the popular hotel and the 0.9-acre property across the street, said on Monday that the hotel was no longer for sale. However, he gave no reason for the deal not closing.<\/p>\n<p class=\"dist__Box-sc-1fnzlkn-0 dist__TextBase-sc-1fnzlkn-3 bYFsJw cuqaEv article-text\">\u201cThe deal fell apart as sometimes deals do. It is disappointing because a lot of work went into it,\u201d he said.<\/p>\n<p class=\"dist__Box-sc-1fnzlkn-0 dist__TextBase-sc-1fnzlkn-3 bYFsJw cuqaEv article-text\"><b>RELATED | <\/b><a href=\"https:\/\/www.news4jax.com\/news\/local\/2025\/06\/16\/casa-marina-hotel-in-jacksonville-beach-set-to-be-sold-renovated-some-reservations-canceled-for-2026\/\" target=\"_blank\" rel=\"noopener\" title=\"https:\/\/www.news4jax.com\/news\/local\/2025\/06\/16\/casa-marina-hotel-in-jacksonville-beach-set-to-be-sold-renovated-some-reservations-canceled-for-2026\/\"><b>Casa Marina Hotel in Jacksonville Beach set to be sold, renovated; some reservations canceled for 2026<\/b><\/a><\/p>\n<p class=\"dist__Box-sc-1fnzlkn-0 dist__TextBase-sc-1fnzlkn-3 bYFsJw cuqaEv article-text\">In June, <a href=\"https:\/\/www.news4jax.com\/news\/local\/2025\/06\/25\/jacksonville-based-real-estate-developer-announces-plans-to-redevelop-100-year-old-casa-marina-hotel-jdr\/\" target=\"_blank\" rel=\"noopener\" title=\"https:\/\/www.news4jax.com\/news\/local\/2025\/06\/25\/jacksonville-based-real-estate-developer-announces-plans-to-redevelop-100-year-old-casa-marina-hotel-jdr\/\">Jacksonville-based firm Corner Lot announced its plans to redevelop the century-old Casa Marina Hotel<\/a>, in addition to building either a retail and residential space or a hotel across the street.<\/p>\n<p class=\"dist__Box-sc-1fnzlkn-0 dist__TextBase-sc-1fnzlkn-3 bYFsJw cuqaEv article-text\">\u201cOur goal is to preserve its legacy while enhancing the surrounding area in a way that reflects the energy, character, and potential of Jacksonville Beach. I\u2019d also like to thank the Hionides family for seeing eye to eye with us in making this vision one step closer to reality,\u201d Corner Lot said in a news release when the plans were announced.<\/p>\n<p>A rendering of the mixed-use building Corner Lot plans to build at 102 Sixth Ave. N. in the Town Center district of Jacksonville Beach. It is across the street from the Casa Marina Hotel. (Jacksonville Daily Record)<\/p>\n<p class=\"dist__Box-sc-1fnzlkn-0 dist__TextBase-sc-1fnzlkn-3 bYFsJw cuqaEv article-text\">But on Monday, Corner Lot issued a news release announcing that the deal was off. <\/p>\n<p class=\"dist__Box-sc-1fnzlkn-0 dist__TextBase-sc-1fnzlkn-3 bYFsJw cuqaEv article-text\">\u201cWhile the team remains deeply committed to investing in vibrant, community-centered projects across Northeast Florida, the Casa Marina site will not move forward at this time,\u201d Corner Lot said in the release.<\/p>\n<p class=\"dist__Box-sc-1fnzlkn-0 dist__TextBase-sc-1fnzlkn-3 bYFsJw cuqaEv article-text\">Hionides said Petra now intends to refurbish the hotel starting in the first quarter of 2026. The interior design is being developed.<\/p>\n<p class=\"dist__Box-sc-1fnzlkn-0 dist__TextBase-sc-1fnzlkn-3 bYFsJw cuqaEv article-text\">He also said renovation and rebranding details will come early next year.<\/p>\n<p class=\"dist__Box-sc-1fnzlkn-0 dist__TextBase-sc-1fnzlkn-3 bYFsJw cuqaEv article-text\"><a href=\"https:\/\/www.jaxdailyrecord.com\/news\/2025\/nov\/17\/corner-lot-deal-to-buy-casa-marina-hotel-in-jacksonville-beach-falls-through\/\" target=\"_blank\" rel=\"noopener\" title=\"https:\/\/www.jaxdailyrecord.com\/news\/2025\/nov\/17\/corner-lot-deal-to-buy-casa-marina-hotel-in-jacksonville-beach-falls-through\/\"><b>Read more at the Jacksonville Daily Record.<\/b><\/a><\/p>\n<p>Copyright 2025 by WJXT News4JAX &#8211; All rights reserved.<\/p>\n","protected":false},"excerpt":{"rendered":"JACKSONVILLE BEACH, Fla. \u2013 A planned sale of Casa Marina Hotel &amp; Restaurant in Jacksonville Beach to real&hellip;\n","protected":false},"author":3,"featured_media":387461,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5136],"tags":[5229,184782,3188,723,7310,10765,67,586,132,5230,68,2969],"class_list":{"0":"post-387460","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-jacksonville","8":"tag-america","9":"tag-casa-marina","10":"tag-fl","11":"tag-florida","12":"tag-jacksonville","13":"tag-jacksonville-beach","14":"tag-united-states","15":"tag-united-states-of-america","16":"tag-unitedstates","17":"tag-unitedstatesofamerica","18":"tag-us","19":"tag-usa"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@us\/115570531755156901","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/387460","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/comments?post=387460"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/387460\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/387461"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=387460"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=387460"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=387460"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}