OTHERDEFERRED

Downtown Mixed-Use Deal With 119 Beaver St W Deferred

Jacksonville’s Finance Committee deferred an ordinance to enter a redevelopment agreement with 119 Beaver St W, LLC for a downtown mixed-use project featuring 259 residential units and significant retail, backed by a 75%, 17-year REV grant up to $21,412,000 and a $28,250,000 completion grant. The proposal will return for further review at a later meeting.

Status
DEFERRED
Document date
August 4, 2026
Contract type
OTHER
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
OTHER
Contract term
REV Grant 75% for 17 years
Renewal
The REV grant would run for 17 years from project completion; the completion grant would be appropriated by subsequent legislation in two installments.
Document type
Minutes
Source document
City of Jacksonville Finance Committee Meeting Minutes 2026-08-04

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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 August 4, 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.

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 Finance Committee Meeting Minutes 2026-08-04 (Minutes), dated August 4, 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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