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.
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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.
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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.
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Corner Lot's 1st and Main development in Springfield seeking $7.5 million in city incentives - Jacksonville Business JournalThe project would bring apartments, retail space and a parking garage to the edge of downtown.
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