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City Council to introduce $10 1 million incentives package for Paysafe headquarters | Jax Daily Record | Jacksonville Daily Record

Legislation shows the company will bring 600 jobs to Jacksonville but generate a near-term negative return on investment for the city.

United statesDuval countyNew providenceBill foleyAnthony jabbourKirk wendlandBruce lowthersAaron bowmanLas vegasJacksonville city councilFidelity national information servicesCity councilPaysafe ltdCouncil finance committeeDun bradstreetCity office of economic development

City weighing $7 5 million incentives deal for 1st and Main in Springfield | Jax Daily Record | Jacksonville Daily Record

Corner Lot is requesting a property tax refund and cash grant for the historic rehabilitation and new construction project.

Kirk wendlandWilliam billy zeitsCity councilCorner lot development groupBudget review committeeOffice of economic developmentEconomic developmentRecapture enhanced value grantCorner lotNorth mainCorner lot senior project manager williamHistoric springfieldPetra managementEarl horne buildingSpringfield preservationRevitalization council

City Council approves $5 million loan for 240-unit Vestcor affordable housing project | Jax Daily Record | Jacksonville Daily Record

The developer says the public financing would help offset cost increases not covered by state low-income housing tax credits.

United statesBryan hooverKirk wendlandFlorida housing finance corpCouncil landChristian ministry center incVestcor companies incJacksonville city councilBold line designElementary schoolZoning committeeBaptist churchLakeview christian fellowship incOffice of economic developmentVestcor companiesMadison palms

City Council extends timeline for historic Armory renovation | Jax Daily Record | Jacksonville Daily Record

REVA Development Corp. said costs to retrofit the building into a creative arts facility have risen $15 million since 2020.

Kirk wendlandAl ferraroDon pattersonDevelopment sectionLoan guarantee programDepartment of housingJacksonville city councilArmory redevelopment associatesNational guard armoryOffice of economic developmentDevelopment corpFort lauderdale basedEconomic developmentHogans creekUrban development sectionGuarantee program

Incentives for scaled-back Project Fender headed to Council after 1-year delay | Jax Daily Record | Jacksonville Daily Record

The unnamed U.S.-based marine products maker’s plans to consolidate an international HQ in Jacksonville is a $2.5 million project.

United statesKirk wendlandCity councilBudget review committeeOffice of economic developmentJacksonville economic development fundProject fenderEconomic developmentNorthwest jacksonville economic development fund

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