CONTRACTPENDING

Jacksonville Considers $1.62 Million Historic Building Redevelopment

City of Jacksonville logoCity of Jacksonville
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

What it covers

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.

Who holds it

Historic Urban Core LLC holds this construction contract with City of Jacksonville.

What happens next

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
Source document
City of Jacksonville Agenda Finance Committee 2026-04-21 (Agenda)

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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.

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