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New page: thumb|right|250px|[[Spencer Maxwell Bullock architectural rendering of The Floridian]] '''The Floridian''' was a proposed condominium project slated to occu...
[[Image:TheFloridianCondo.jpg|thumb|right|250px|[[Spencer Maxwell Bullock]] architectural rendering of The Floridian]]
'''The Floridian''' was a proposed condominium project slated to occupy the southeast block of the [[Palafox Street|Palafox]] and [[Main Street|Main]] intersection in [[downtown Pensacola]]. It was designed by the [[Spencer Maxwell Bullock]] architectural firm and developers [[Adrian Lovell]] and [[Ed Carson]]. Sales were to be handled by [[John S. Carr & Company]] and construction by [[Mobile]]-based [[White-Spunner Construction]].
Plans called for an eight-story building with around 60 upscale units on the top five levels. The ground level would be reserved for commercial use.<ref>"Downtown eyes progress for success." ''Pensacola Business Journal'', January 23, 2006.</ref> The units ranged in size from 790 to 2,600 square feet and in price from $260,000 to $900,000.<ref>http://adventureinvestinggroup.com/?action=article_detail&article_id=4</ref> According to principal architect [[Brian Spencer]], "The main amenity I think is the location."<ref name="stepcloser"/>
The 0.7-acre property at Palafox and Main was previously home to a row of buildings (including businesses [[Fairchild & Baniakas]] and the [[Daily Grind]]) that were severely damaged by [[Hurricane Ivan]]. Plans to renovate the buildings were scrapped after a fire erupted on [[October 10]], [[2004]].<ref>"Fire finishes off what's left of Palafox Street building." ''Pensacola News Journal'', October 11, 2004.</ref> Owner [[George Overby]], whose [[Overby Enterprises]] office was destroyed in the fire, sold the property to The Floridian's developers for $1.5 million.<ref name="stepcloser">"Palafox condos a step closer." ''Pensacola News Journal'', May 21, 2005.</ref> The project was granted a zoning variance by the City's [[City of Pensacola Architectural Review Board|Architectural Review Board]] on [[May 19]], [[2005]], increasing the density cap from 35 units per acre to 80 units.<ref name="stepcloser"/> Crews from [[Carson Construction]] demolished the ravaged damaged buildings on [[June 20]].<ref>"Downtown housing complex starts." ''Pensacola News Journal'', June 21, 2005.</ref>
The condominium project was widely cited as an example of the downtown revitalization sparked by the [[Community Maritime Park]]. However, development stalled in [[2007]] with an overall declining trend in the [[housing market]]. [[As of 2008]], the project had still not broken ground. The project is no longer listed as an active development by real estate team [[John S. Carr & Company]]<ref>http://johnscarr.com/developments.php</ref>, and its official website, [http://www.floridiandowntown.com floridiandowntown.com], is offline.
==See also==
*[[Jefferson Place]]
*[[The Tarragona]]
*[[111 Spring]]
==References==
{{reflist}}
[[Category:Condominiums]] [[Category:Housing developments]]
'''The Floridian''' was a proposed condominium project slated to occupy the southeast block of the [[Palafox Street|Palafox]] and [[Main Street|Main]] intersection in [[downtown Pensacola]]. It was designed by the [[Spencer Maxwell Bullock]] architectural firm and developers [[Adrian Lovell]] and [[Ed Carson]]. Sales were to be handled by [[John S. Carr & Company]] and construction by [[Mobile]]-based [[White-Spunner Construction]].
Plans called for an eight-story building with around 60 upscale units on the top five levels. The ground level would be reserved for commercial use.<ref>"Downtown eyes progress for success." ''Pensacola Business Journal'', January 23, 2006.</ref> The units ranged in size from 790 to 2,600 square feet and in price from $260,000 to $900,000.<ref>http://adventureinvestinggroup.com/?action=article_detail&article_id=4</ref> According to principal architect [[Brian Spencer]], "The main amenity I think is the location."<ref name="stepcloser"/>
The 0.7-acre property at Palafox and Main was previously home to a row of buildings (including businesses [[Fairchild & Baniakas]] and the [[Daily Grind]]) that were severely damaged by [[Hurricane Ivan]]. Plans to renovate the buildings were scrapped after a fire erupted on [[October 10]], [[2004]].<ref>"Fire finishes off what's left of Palafox Street building." ''Pensacola News Journal'', October 11, 2004.</ref> Owner [[George Overby]], whose [[Overby Enterprises]] office was destroyed in the fire, sold the property to The Floridian's developers for $1.5 million.<ref name="stepcloser">"Palafox condos a step closer." ''Pensacola News Journal'', May 21, 2005.</ref> The project was granted a zoning variance by the City's [[City of Pensacola Architectural Review Board|Architectural Review Board]] on [[May 19]], [[2005]], increasing the density cap from 35 units per acre to 80 units.<ref name="stepcloser"/> Crews from [[Carson Construction]] demolished the ravaged damaged buildings on [[June 20]].<ref>"Downtown housing complex starts." ''Pensacola News Journal'', June 21, 2005.</ref>
The condominium project was widely cited as an example of the downtown revitalization sparked by the [[Community Maritime Park]]. However, development stalled in [[2007]] with an overall declining trend in the [[housing market]]. [[As of 2008]], the project had still not broken ground. The project is no longer listed as an active development by real estate team [[John S. Carr & Company]]<ref>http://johnscarr.com/developments.php</ref>, and its official website, [http://www.floridiandowntown.com floridiandowntown.com], is offline.
==See also==
*[[Jefferson Place]]
*[[The Tarragona]]
*[[111 Spring]]
==References==
{{reflist}}
[[Category:Condominiums]] [[Category:Housing developments]]
