FINANCIAL_SERVICESPENDING

Proposed $1M REV Grant for Arlington Housing Redevelopment

The City is considering an economic development agreement with 8000-1 LLC offering a 10-year, 75% Recapture Enhanced Value grant capped at $1 million to support conversion of a vacant office building on Arlington Expressway into 95 market-rate apartments. The ordinance would waive portions of the Public Investment Policy and authorize OED to finalize and administer the incentive contract.

Status
PENDING
Document date
August 3, 2026
Contract type
FINANCIAL_SERVICES
Vendor
8000-1 Llc
Agency
City of Jacksonville · 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
10-year, 75% REV grant not to exceed $1,000,000
Contract type
FINANCIAL_SERVICES
Contract term
10 years
Renewal
Ten-year REV grant incentive; ordinance specifies a deadline for the company to execute the agreement and permits technical amendments by OED, but no renewal beyond the 10-year incentive term is indicated.
Document type
Minutes
Source document
City of Jacksonville Rules Committee Meeting Minutes 2026-08-03

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Jacksonville?

8000-1 Llc was awarded this financial services contract by City of Jacksonville, as recorded on August 3, 2026. The contract value is 10-year, 75% REV grant not to exceed $1,000,000.

How much is the 8000-1 Llc contract with City of Jacksonville worth?

The 8000-1 Llc contract with City of Jacksonville is valued at 10-year, 75% REV grant not to exceed $1,000,000, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a minutes record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in City of Jacksonville Rules Committee Meeting Minutes 2026-08-03 (Minutes), dated August 3, 2026 from City of Jacksonville. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does 8000-1 Llc hold?

8000-1 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 8000-1 Llc's 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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