A significant transformation is set to take place in Jacksonville's Five Points area, as a new live music venue named FIVE prepares to open its doors. The establishment, which will occupy the former Sun-Ray Cinema building at 1028 Park Street, aims to breathe new life into this historic space with a series of upcoming performances. To facilitate this transition, FIVE has submitted applications for zoning exceptions and waivers that would allow it to serve alcohol on its premises.

The renovation plans for this two-story, 13,320-square-foot theater are ambitious, estimated to cost around $1.2 million. Built in 1927, the building boasts a rich history as the Riverside Theatre, one of Jacksonville's first venues for both film screenings and live performances. Now, under the ownership of Union South Partners, the structure will be adapted to accommodate modern entertainment needs while preserving its architectural heritage. The new venue will offer food but will not operate as a full-service restaurant according to zoning regulations. Public hearings have been scheduled to discuss the necessary approvals, including reducing the minimum distance between the liquor license location and nearby institutions from 1,500 to 325 feet.

This project represents more than just a change in business operations; it symbolizes the ongoing revitalization of the Five Points neighborhood. By converting an iconic cinema into a vibrant live music venue, FIVE intends to foster community engagement and cultural enrichment. The introduction of such amenities can stimulate economic growth and enhance the quality of life for residents and visitors alike. As the city council and planning commission review these proposals, they are considering not only the immediate benefits but also the long-term impact on the community's development and prosperity.