Westside institution Edgewood Bakery has been sold by Stache Investments to restaurateur John Valentino, who will convert the property into a second French Pantry location.
The bakery opened in 1947 and was purchased in 2015 by Stache Investments, owned by Jacksonville Jaguars owner Shad Khan.
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A complete renovation followed, which included a new roof, exterior and interior paint, showcases, espresso machines, awnings and signage.
Valentino purchased the original French Pantry in 2015.
In a statement, Stache Investments said the goal last year was to ensure the bakery continued to be a part of the Murray Hill neighborhood. However, after a successful opening, the market shifted with consumers making their bakery purchases elsewhere.
“While the closing of the Edgewood Bakery is bittersweet, introducing a French Pantry at the same location will prove to be a major win for the Murray Hill residents and entire Jacksonville community,” the statement said.
The final day of business will be March 12.