Jacksonville Considers $1.62 Million Historic Building Redevelopment
- Disclosed value
- $1,620,655 aggregate; $1,296,555 forgivable and $324,100 repayable with interest
- From agenda
- Document date
- Apr 21, 2026
The 30-second brief
Jacksonville considered a redevelopment agreement with Historic Urban Core, LLC supported by up to $1,620,655 in Downtown Preservation and Revitalization Program loans. The project would convert the historic building at 38-44 W. Monroe Street into retail, restaurant, and residential space.
Historic Urban Core LLC holds this construction contract with City of Jacksonville.
Term as filed: Construction to commence within 6 months of agreement effective date and be completed within 18 months of commencement; repayment conditions apply for 5 years after disbursement.
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Contract details
- Contract type
- Construction
- Amount
- $1,620,655 aggregate; $1,296,555 forgivable and $324,100 repayable with interest
- Document date
- April 21, 2026
- Term
- Construction to commence within 6 months of agreement effective date and be completed within 18 months of commencement; repayment conditions apply for 5 years after disbursement
- Vendor
- Historic Urban Core LLC
- Agency
- City of Jacksonville
- Source document
- City of Jacksonville Agenda Finance Committee 2026-04-21 (Agenda)
Historic Urban Core LLC's other public contracts
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Questions about this contract
Who was awarded the construction contract by City of Jacksonville?
Historic Urban Core LLC was awarded this construction contract by City of Jacksonville, as recorded on April 21, 2026. The contract value is $1,620,655 aggregate; $1,296,555 forgivable and $324,100 repayable with interest.
How much is the Historic Urban Core LLC contract with City of Jacksonville worth?
The Historic Urban Core LLC contract with City of Jacksonville is valued at $1,620,655 aggregate; $1,296,555 forgivable and $324,100 repayable with interest, covering construction work.
What type of contract is this?
This is a Construction contract, documented as a agenda record, structured as a not-to-exceed (ceiling) agreement.
Where was this contract approved?
This contract appears in City of Jacksonville Agenda Finance Committee 2026-04-21 (Agenda), dated April 21, 2026 from City of Jacksonville. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Historic Urban Core LLC hold?
Historic Urban Core 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 City of Jacksonville currently buying?
Explore City of Jacksonville's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.