City Considers REV Grant for Arlington Redevelopment

The City of Jacksonville is considering an economic development agreement with 8000-1 LLC that would provide a 10-year, 75% REV grant capped at $1,000,000 to support redevelopment of a vacant office building into about 95 market-rate housing units. The mayor would be authorized to execute the agreement, with oversight by the Office of Economic Development and a waiver of the existing Public Investment Policy.

Scope & details

The full contract record, as filed.

Contract amount

Not to exceed $1,000,000 (75% REV grant over 10 years)

Contract type

FINANCIAL_SERVICES

Contract term

10 years

Renewal

Initial term is 10 years for the REV grant; no renewal or extension provisions are specified in the agenda summary.

Document type

Agenda

Source document

City of Jacksonville Rules Committee Agenda 2026-08-17

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 17, 2026. The contract value is Not to exceed $1,000,000 (75% REV grant over 10 years).

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 Not to exceed $1,000,000 (75% REV grant over 10 years), 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 Rules Committee Agenda 2026-08-17 (Agenda), dated August 17, 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?

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