CONSTRUCTIONTABLED

Committee Defers Springfield Lofts Redevelopment Financing

The Finance Committee deferred a redevelopment package with Springfield Lofts, LLC for a 2.12-acre site at 1335 North Pearl Street and 205 West 3rd Street. The package includes a $3 million completion grant and a $3 million, 20-year development loan.

Document date · October 6, 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

Scope & details

The full contract record, as filed.

Contract amount
Redevelopment Completion Grant of $3,000,000; Development Loan of $3,000,000
Contract type
CONSTRUCTION
Contract term
Development loan term of 20 years
Renewal
The proposed development loan has a 20-year term; no separate renewal option was stated.
Document type
Minutes
Source document
City of Jacksonville Minutes Finance Committee Meeting October 6, 2026

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the construction contract by City of Jacksonville?

Springfield Lofts Llc was awarded this construction contract by City of Jacksonville, as recorded on October 6, 2026. The contract value is Redevelopment Completion Grant of $3,000,000; Development Loan of $3,000,000.

How much is the Springfield Lofts Llc contract with City of Jacksonville worth?

The Springfield Lofts Llc contract with City of Jacksonville is valued at Redevelopment Completion Grant of $3,000,000; Development Loan of $3,000,000, covering construction work.

What type of contract is this?

This is a Construction contract, documented as a minutes record.

Where was this contract approved?

This contract appears in City of Jacksonville Minutes Finance Committee Meeting October 6, 2026 (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 Springfield Lofts Llc hold?

Springfield Lofts 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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