JTA Defers Corner Lot ARTEA Ground Lease Amendment

The Jacksonville Transportation Authority deferred consideration of an amendment to its 99-year ARTEA ground lease with Corner Lot. The proposed amendment would adjust rent based on economic occupancy, expand workforce housing to 50 percent, and reinstate scheduled payments beginning in January 2028 while negotiations continue.

Document date · March 26, 2026

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Scope & details

The full contract record, as filed.

Contract type

FACILITIES

Contract term

99-year ground lease; proposed amended payment terms through December 2027, with payments reinstated from January 2028 and beyond

Renewal

Proposed amendment under negotiation; the Board requested consideration of a true-up provision and directed staff to revise the recommendation before returning it for approval.

Document type

Minutes

Source document

Jacksonville Transportation Authority Minutes Board Work Session 2026-03-26

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the facilities contract by Jacksonville Transportation Authority?

Corner Lot was awarded this facilities contract by Jacksonville Transportation Authority, as recorded on March 26, 2026.

What type of contract is this?

This is a Facilities contract, documented as a minutes record.

Where was this contract approved?

This contract appears in Jacksonville Transportation Authority Minutes Board Work Session 2026-03-26 (Minutes), dated March 26, 2026 from Jacksonville Transportation Authority. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Corner Lot hold?

Corner Lot 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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