CONTRACTPENDING

Jacksonville Considers $49.7 Million Redevelopment Incentives

Jacksonville Fire and Rescue logoJacksonville Fire and Rescue
Disclosed value
Up to $21,412,000 REV Grant plus a $28,250,000 Completion Grant
From agenda
Document date
Oct 15, 2026

The 30-second brief

What it covers

Jacksonville is considering a redevelopment agreement with 119 Beaver St W, LLC for a mixed-use project with approximately 259 residential units and 37,000 square feet of retail space. The proposal includes a maximum $21.412 million REV grant and a $28.25 million completion grant.

Who holds it

119 Beaver St W LLC holds this contract with Jacksonville Fire and Rescue. Its other public contracts on record include work for City of Jacksonville.

What happens next

Term as filed: 17-year recaptured enhanced value grant; completion grant payable upon substantial completion.

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Contract details

Amount
Up to $21,412,000 REV Grant plus a $28,250,000 Completion Grant
Document date
October 15, 2026
Term
17-year recaptured enhanced value grant; completion grant payable upon substantial completion
Source document
City of Jacksonville Agenda Finance Committee 2026-10-20 (Agenda)

119 Beaver St W LLC's other public contracts

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Questions about this contract

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 15, 2026. The contract value is Up to $21,412,000 REV Grant plus a $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 Up to $21,412,000 REV Grant plus a $28,250,000 Completion Grant.

What type of contract is this?

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

Where was this contract approved?

This contract appears in City of Jacksonville Agenda Finance Committee 2026-10-20 (Agenda), dated October 15, 2026 from Jacksonville Fire and Rescue. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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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.

What is Jacksonville Fire and Rescue currently buying?

Explore Jacksonville Fire and Rescue's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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