Corner Lot's 1st and Main development in Springfield seeking $7.5 million in city incentives - Jacksonville Business Journal

  • 📰 JaxBizJournal
  • ⏱ Reading Time:
  • 28 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 51%

Business News News

Business Business Latest News,Business Business Headlines

1st and Main project near downtown seeking $7.5 million in incentives

A major Springfield mixed-use development is asking for $7.5 million in incentives from the city, with the request being considered by the mayor's office on Monday.$2 million cash grant that will be paid when the project is completed.

"Due to the project's large capital investment, and the support from Springfield Preservation and Revitalization council and the overarching community for the development within the Springfield Historic District and the project's large capital investment, a waiver of the applicable sections of the PIP is being requested," the city's Office of Economic Development said in its request.

Springfield MF Partners LLC, a corporation established by Corner Lot leaders Andy Allen, George Leone and Scott Hobby.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 599. in BUSÄ°NESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Corner Lot secures loan, to start multifamily project in December - Jacksonville Business JournalThe $60 million, 10-acre development called Beachline is located at 13301 Beach Blvd.
Source: JaxBizJournal - 🏆 599. / 51 Read more »

Corner Lot secures loan, to start multifamily project in December - Jacksonville Business JournalThe $60 million, 10-acre development called Beachline is located at 13301 Beach Blvd.
Source: JaxBizJournal - 🏆 599. / 51 Read more »