Jacksonville Considers $49.7 Million Beaver Street Development Incentives | Jacksonville Fire and Rescue | 119 BEAVER ST W LLC

Scope & details

The full contract record, as filed.

Contract amount

75% recaptured enhanced value grant, maximum $21,412,000; $28,250,000 completion grant

Contract type

CONSTRUCTION

Contract term

17-year recaptured enhanced value grant; completion grant payable in two installments upon project completion

Renewal

The recaptured enhanced value grant would run for 17 years; the completion grant would be paid in two installments after project completion.

Document type

Agenda

Source document

City of Jacksonville Agenda Finance Committee Meeting October 20, 2026

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City of Jacksonville Agenda Finance Committee 2026-10-20

PENDING

Jacksonville Fire and Rescue, FloridaUp to $21,412,000 REV Grant plus a $28,250,000 Completion GrantOct 15, 2026

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 Finance Committee Meeting Minutes 2026-10-06

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

City of Jacksonville, 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

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

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the construction contract by Jacksonville Fire and Rescue?

119 Beaver St W Llc was awarded this construction contract by Jacksonville Fire and Rescue, as recorded on October 15, 2026. The contract value is 75% recaptured enhanced value grant, maximum $21,412,000; $28,250,000 completion grant.

How much is the 119 Beaver St W Llc contract with Jacksonville Fire and Rescue worth?

The 119 Beaver St W Llc contract with Jacksonville Fire and Rescue is valued at 75% recaptured enhanced value grant, maximum $21,412,000; $28,250,000 completion grant, covering construction work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in City of Jacksonville Agenda Finance Committee Meeting October 20, 2026 (Agenda), dated October 15, 2026 from Jacksonville Fire and Rescue. 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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