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FACILITIESPENDING

City of Jacksonville Finance Committee Agenda 2026-06-02

Former JEA HQ to be sold to Jewel at 21 West

$1,000,000 purchase price (vs. appraised value $14,975,000)City of JacksonvilleJEWEL AT 21 WEST LLCJune 2, 2026

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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

Description

JEA received City approval to sell its former headquarters complex at 21 West Church and 421 Laura Streets, appraised at nearly $15 million, to Jewel at 21 West, LLC for $1 million. The buyer intends to pursue City and DIA incentives as part of a downtown redevelopment plan.

Contract Details

Contract Amount

$1,000,000 purchase price (vs. appraised value $14,975,000)

Vendor

JEWEL AT 21 WEST LLC

Agency

City of Jacksonville, FL

Contract Type

FACILITIES

Document Date

June 2, 2026

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