Florida Record
Jacksonville
High PriorityDevelopmentopen

Springfield Lofts redevelopment deal

Summary

The city would give the Springfield Lofts project a $3 million completion grant and a $3 million, 20-year development loan, plus waive code enforcement liens, to redevelop a 2.12-acre site at 1335 N Pearl St. Supports revitalization of the Springfield historic neighborhood.

At a glance

Total mentions
0
Last 30 days
0

Impact analysis

💰Financial impact

Up to $6 million in city grant and loan commitments, appropriated by later legislation.

✅Who benefits

Springfield residents and the developer revitalizing the Pearl Street site.

⚠️Who could be affected

Code enforcement liens on the property would be waived upon project completion.

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