OTHERPENDING

Downtown Mixed-Use Redevelopment Incentives Approved

The City is considering a redevelopment agreement with 119 Beaver St W, LLC featuring a 17-year REV grant up to $21,412,000 and a $28,250,000 completion grant to support construction of a mixed-use residential and retail project anchored by a major grocer downtown.

Status
PENDING
Document date
August 3, 2026
Contract type
OTHER
Vendor
119 Beaver St W Llc
Agency
Duval County · FL

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
REV Grant not to exceed $21,412,000; Completion Grant $28,250,000
Contract type
OTHER
Contract term
REV grant term 17 years
Renewal date
2043-09-30
Renewal
REV grant runs for 17 years; completion grant is a one-time incentive paid upon project completion; amendments or extensions would require future council action.
Document type
Agenda
Source document
City of Jacksonville Finance Committee Agenda 2026-08-04

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the government contract by Duval County?

119 Beaver St W Llc was awarded this government contract by Duval County, as recorded on August 3, 2026. The contract value is REV Grant not to exceed $21,412,000; Completion Grant $28,250,000.

How much is the 119 Beaver St W Llc contract with Duval County worth?

The 119 Beaver St W Llc contract with Duval County is valued at REV Grant not to exceed $21,412,000; Completion Grant $28,250,000.

What type of contract is this?

This is a government contract, documented as a agenda record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in City of Jacksonville Finance Committee Agenda 2026-08-04 (Agenda), dated August 3, 2026 from Duval County. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does 119 Beaver St W Llc hold?

119 Beaver St W Llc may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View 119 Beaver St W Llc's profile

What is Duval County currently buying?

Explore Duval County's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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