OTHERAMENDED

Jacksonville Approves Amended 119 Beaver Redevelopment Agreement

Jacksonville approved an amended redevelopment agreement with 119 Beaver St W, LLC for a mixed-use residential and retail project. The agreement authorizes up to $21.412 million in REV incentives over 17 years and a $28.25 million completion grant.

Document date · October 5, 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
REV grant not to exceed $21,412,000; Completion grant of $28,250,000
Contract type
OTHER
Contract term
17-year REV grant distribution period; completion grant payable in two installments
Renewal
Amended redevelopment agreement includes a 17-year REV grant distribution period, a 10-year initial grocery-store lease requirement, and revised completion-grant clawback and cure provisions.
Document type
Minutes
Source document
City of Jacksonville Minutes Neighborhoods, Community Services, Public Health and Safety Committee 2026-10-05

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Frequently asked questions

Common questions about this contract, answered from the record.

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

119 Beaver St W Llc was awarded this government contract by Jacksonville Fire and Rescue, as recorded on October 5, 2026. The contract value is REV grant not to exceed $21,412,000; Completion grant of $28,250,000.

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 REV grant not to exceed $21,412,000; Completion grant of $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 Neighborhoods, Community Services, Public Health and Safety Committee 2026-10-05 (Minutes), dated October 5, 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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