St. Johns County approves $621,031 in incentives for cancer prevention center

The $20.5 million TyMe Institute is planned at mixed-use development The Fountains at St. Johns.

The Fountains at St. Johns plans to build a 30,000-square-foot medical offices facility at the site to complement anchor tenant Ascension St. Vincent’s Health Center – St. Johns.
The Fountains at St. Johns plans to build a 30,000-square-foot medical offices facility at the site to complement anchor tenant Ascension St. Vincent’s Health Center – St. Johns.
  • Government
  • Share

The St. Johns County Board of County Commissioners unanimously approved a $621,031 incentives package July 16 for the development of the TyMe Institute, a cancer prevention clinic.

The incentives deal represents 100% of all impact fees, four years of ad valorem tax paid on capital improvements and four years of tangible personal property tax. The project is eligible for expedited permitting.

The application says the total investment for land, building and equipment is about $20.5 million. It estimates the project will create 54 high-wage jobs.

Your Business News. Your Way.

Subscribe today. Cancel anytime.

 

×

Special Offer: $5 for 2 Months!

Your free article limit has been reached this month.
Subscribe now for unlimited digital access to our award-winning business news.