FINANCIAL_SERVICESPENDING

Major REV Grant For Downtown Mixed-Use With Publix

The City of Jacksonville and the DIA propose a redevelopment agreement with 119 Beaver St W, LLC to build a 259-unit mixed-use project anchored by a major grocer. The deal includes a 17-year REV grant up to $21.4 million and a $28.25 million completion grant, with oversight by the DIA.

Status
PENDING
Document date
August 3, 2026
Contract type
FINANCIAL_SERVICES
Vendor
119 Beaver St W 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
REV Grant not to exceed $21,412,000; Completion Grant $28,250,000
Contract type
FINANCIAL_SERVICES
Contract term
17-year, 75% RECOVERED ENHANCED VALUE (REV) grant
Renewal
Single 17-year REV grant term; completion grant paid in two installments upon project completion; no renewals specified.
Document type
Agenda
Source document
City of Jacksonville Agenda - Revised Marked 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?

119 Beaver St W Llc was awarded this financial services contract by City of Jacksonville, 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 City of Jacksonville worth?

The 119 Beaver St W Llc contract with City of Jacksonville is valued at REV Grant not to exceed $21,412,000; Completion Grant $28,250,000, covering financial services work.

What type of contract is this?

This is a Financial Services 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 Agenda - Revised Marked 2026-08-03 (Agenda), dated August 3, 2026 from City of Jacksonville. 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 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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