If approved, the city would owe nearly $100 million in cash incentives to a raft of economic development projects by 2032, a total that has given some council members pause while they must simultaneously weigh tens of millions in cuts to city spending over the next several years.
Tag: downtown
Posted inFlorida News Articles & Reporting
Multi-million dollar land swap would make once-obscure developer major downtown player
A new proposal, which city officials will weigh in the coming weeks, could make Alex Sifakis and a joint venture he backs, Gateway Jax, among the most crucial players in downtown Jacksonville’s future.