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Springfield Lofts gets $3M for redevelopment

City of Jacksonville logoCity of Jacksonville
Disclosed value
$1,500,000
From minutes
Document date
Nov 20, 2023
Term
20 Yrs

The 30-second brief

What it covers

City authorizes a $1.5 million redevelopment completion grant and a $1.5 million development loan to Springfield Lofts, LLC for a project at 1341 Pearl St, 235 W 3rd St & 205 W 3rd St.

Who holds it

Springfield Lofts holds this loan contract with City of Jacksonville. Its other public contracts on record include work for Duval County.

What happens next

Term as filed: 20 Yrs.

See who signed off on this $1.5M contract.

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Contract details

Contract type
Loan
Amount
$1,500,000
Document date
November 20, 2023
Term
20 Yrs
Vendor
Springfield Lofts
Agency
City of Jacksonville
Source document
city_of_jacksonville_rules_committee_meeting_minut.pdf (Minutes)

Springfield Lofts's other public contracts

Duval County, FloridaJacksonville considers $1.5M loan for Springfield Lofts · May 15, 2023$1.5MDuval County, FloridaSpringfield Lofts Could Receive $1.5M Loan · Dec 5, 2022$1.5MCity of Jacksonville, FloridaSpringfield Lofts Receives $3M for Redevelopment Project · Nov 14, 2022$1.5MCity of Jacksonville, FloridaSpringfield Lofts Secures $3M for Redevelopment Project · Nov 1, 2022$1.5MDuval County, Florida$3M approved for Springfield Lofts redevelopment · Nov 1, 2022$1.5MAll Springfield Lofts contractsVendor profile

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Questions about this contract

Who was awarded the loan contract by City of Jacksonville?

Springfield Lofts was awarded this loan contract by City of Jacksonville, as recorded on November 20, 2023. The contract value is $1,500,000.

How much is the Springfield Lofts contract with City of Jacksonville worth?

The Springfield Lofts contract with City of Jacksonville is valued at $1,500,000, covering loan work.

What type of contract is this?

This is a Loan 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 Springfield Lofts hold?

Springfield Lofts 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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