The Jacksonville City Council signed off April 16 on a five-year, $1.1 million Recapture Enhanced Value Grant for FlexCold LLC to build a processing and distribution facility near Blount Island Marine Terminal in North Jacksonville.
Council voted 19-0 to approve Ordinance 2021-0187 to authorize the property tax incentive for FlexCold subsidiary 11180 Blasius Road LLC’s planned 150,000-square-foot facility.
An amended Economic Development Agreement approved with the bill shows a $47 million investment in the warehouse at 11180 Blasius Road by the FlexCold company
This is down from the $47.3 million stated in a city fact sheet dated March 23 and filed with the legislation.
The deal states that South Carolina-based FlexCold chose Jacksonville rather than other port cities on the U.S. East Coast and commits to creating 20 jobs by Dec. 31, 2023.
The Jacksonville Planning and Development Department is reviewing plans for the project on 12.06 acres at 11180 Blasius Road at southwest Faye and Blasius roads.
The site is about 3 miles from JaxPort’s Blount Island and Dames Point marine terminals.
The application describes the structure as 151,068 square feet with parking spaces for 29 cars and 52 trucks.
ARCO Design/Build LLC of Atlanta is the developer. Jacksonville-based England-Thims & Miller Inc. is the civil engineer.
England-Thims & Miller filed civil engineering plans with the city Feb. 26.
The firm also applied to the city for an administrative deviation to reduce the minimum number of parking spaces from 86 to 29 on behalf of the owner, Flexspace Ventures LLC.
That plan shows a 149,635-square-foot warehouse and a future building of 23,000 square feet.
FlexCold.com lists the planned cold storage facility at 149,000 square feet with more than 25,000 pallet positions.
Flexspace Ventures registered FlexCold LLC and 11180 Blasius Road LLC with the state Feb. 24.
Editor Karen Brune Mathis contributed to this report.