Jacksonville Defers 119 Beaver Redevelopment Agreement | City of Jacksonville | 119 BEAVER ST W LLC

Scope & details

The full contract record, as filed.

Contract amount

REV Grant not to exceed $21,412,000; Completion Grant not to exceed $28,250,000

Contract type

OTHER

Contract term

Estimated completion in June 2030; 17-year REV Grant distribution period; 10-year grocery store lease requirement

Renewal date

2030-06-30

Renewal

Proposed agreement includes a 17-year REV Grant period and requires execution of a 10-year grocery store lease for the first completion-grant installment.

Document type

Minutes

Source document

City of Jacksonville Minutes Finance Committee Meeting Minutes 2026-10-06

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City of Jacksonville Minutes Finance Committee Meeting October 6, 2026

TABLED

City of Jacksonville, FloridaREV Grant not to exceed $21,412,000; Completion Grant not to exceed $28,250,000Oct 6, 2026

City of Jacksonville Minutes Neighborhoods, Community Services, Public Health and Safety Committee Meeting 2026-10-05

APPROVED

Jacksonville Fire and Rescue, FloridaUp to $21,412,000 REV Grant plus $28,250,000 Completion Grant; total potential incentives up to $49,662,000Oct 5, 2026

City of Jacksonville Minutes Neighborhoods, Community Services, Public Health and Safety Committee 2026-10-05

AMENDED

Jacksonville Fire and Rescue, FloridaREV grant not to exceed $21,412,000; Completion grant of $28,250,000Oct 5, 2026

City of Jacksonville Agenda Finance Committee 2026-10-06

PENDING

City of Jacksonville, FloridaREV grant not to exceed $21,412,000; $28,250,000 completion grantSep 29, 2026

City of Jacksonville Agenda October 5, 2026

PENDING

City of Jacksonville, FloridaREV grant not to exceed $21,412,000; $28,250,000 completion grantSep 29, 2026

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the government contract by City of Jacksonville?

119 Beaver St W Llc was awarded this government contract by City of Jacksonville, as recorded on October 6, 2026. The contract value is REV Grant not to exceed $21,412,000; Completion Grant not to exceed $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 not to exceed $28,250,000.

What type of contract is this?

This is a government 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 Minutes Finance Committee Meeting Minutes 2026-10-06 (Minutes), dated October 6, 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.

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