Search
YouTube Instagram
  • Jacksonville,
  • FL
  • (2022)

College Park

District: John Rutherford (R-FL05)

The $18 million rejuvenation of a shopping center creates over 100 jobs in Jacksonville, FL

Investment

  • NMTC Amount: $15,000,000
  • Total Project Cost: $18,154,910

IMPACT

  • 96 FTE jobs
  • 50 construction jobs
  • The expected impact on the racial equity on the College Park project is threefold - job creation, blight removal and healthy foods. The project and the new anchor tenant have committed to hiring community based LIP for the new jobs to be created by this p
  • 183,421 sq. ft. of real estate

CDEs

,

Investor

Project Description

RBC and LISC provided $15 million in NMTC financing toward the $18 million rejuvenation of a shopping center. The project addresses community needs identified in Jacksonville’s Renew Arlington Community plan.

A second phase of the project will involve the development of housing and a food court with alternative financing.

External Profile

MAP

Address: 903 University Boulevard North, Jacksonville, FL 32211

Missing information? Submit an update or correction.

Other Florida Projects

Medline Industries, Inc.
  • Auburndale,
  • FL
  • (2018)
  • CDE(s): BBIF
Development of medical device and supply distribution center.
Learn more..
Duval County Armory Redevelopment
  • Jacksonville,
  • FL
  • (2023)
  • CDE(s): USBCDE

The project will be turned into an entrepreneurship center operated by the borrower that provides temporary co-working and events space, a shared commercial kitchen, and workforce development consulting and training

Learn more..
HostDime
  • Eatonville,
  • FL
  • (2021)
  • CDE(s): Mid-City Community CDE
A new $35 million-dollar, 95,000 square foot data center facility and global headquarters in historic Eatonville, Florida.
Learn more..
Armature Works
  • Tampa,
  • FL
  • (2017)
  • CDE(s): Florida Community Loan Fund
The Armature Works building was originally built in 1910 as a streetcar maintenance facility.
Learn more..