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Shipyards Hotel Receives $50.5M REV Grant

City of Jacksonville logoCity of Jacksonville
Disclosed value
$50,581,200
From minutes
Document date
Nov 20, 2023
Term
20 years

The 30-second brief

What it covers

Shipyards Hotel, LLC will receive a REV, 75%, 20 Yr REV Grant in the Max Amt Not to Exceed $50,581,200 in Connection with the Construction of the Hotel Improvements, Which Increases the Max Amt Thereof by $2,897,245.

Who holds it

Shipyards Hotel holds this rev grant contract with City of Jacksonville. Its other public contracts on record include work for Duval County.

What happens next

Term as filed: 20 years.

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Contract details

Contract type
Rev Grant
Amount
$50,581,200
Document date
November 20, 2023
Term
20 years
Vendor
Shipyards Hotel
Agency
City of Jacksonville
Source document
city_of_jacksonville_rules_committee_meeting_minut.pdf (Minutes)

Shipyards Hotel's other public contracts

Duval County, FloridaJacksonville approves $50.5M REV Grant for Shipyards Hotel · Jan 4, 2023$50.6MCity of Jacksonville, FloridaShipyards Hotel Receives $50.5M Grant · Dec 6, 2022$50.6MCity of Jacksonville, FloridaShipyards Hotel LLC gets $50.5M REV grant · Dec 6, 2022$50.6MDuval County, FloridaShipyards Hotel Could Receive $50.5M REV Grant · Dec 5, 2022$50.6MAll Shipyards Hotel contractsVendor profile

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Questions about this contract

Who was awarded the rev grant contract by City of Jacksonville?

Shipyards Hotel was awarded this rev grant contract by City of Jacksonville, as recorded on November 20, 2023. The contract value is $50,581,200.

How much is the Shipyards Hotel contract with City of Jacksonville worth?

The Shipyards Hotel contract with City of Jacksonville is valued at $50,581,200, covering rev grant work.

What type of contract is this?

This is a Rev Grant contract, documented as a minutes record.

Where was this contract approved?

This contract appears in city_of_jacksonville_rules_committee_meeting_minut.pdf (Minutes), dated November 20, 2023 from City of Jacksonville. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Shipyards Hotel hold?

Shipyards Hotel may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

What is City of Jacksonville currently buying?

Explore City of Jacksonville's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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