Jacksonville Business News
BUSINESS NEWS
Jacksonville Real Estate Market Sees Significant Rise in Activity
News Summary Recent real estate transactions in Jacksonville reveal a notable increase in activity across several sectors including multifamily housing, healthcare, commercial spaces, and timberland. Key transactions include the sale...
Harveys Supermarket in Jacksonville to Become Aldi
News Summary The Harveys Supermarket location in Downtown Jacksonville will soon be transformed into an Aldi discount grocery store, marking a significant change in the area. The store at 777...
Jacksonville Ranked Best for VA Loan Accessibility
News Summary Jacksonville, Florida, has emerged as the top city in the U.S. for VA loan accessibility, scoring 85% in a recent study. Factors contributing to this ranking include the...
Ameris Bank Appoints Luciano Noir-Jones as Jacksonville Market President
News Summary Ameris Bank has named Luciano “Lou” Noir-Jones as the new market president for Jacksonville, effective May 12. Noir-Jones will oversee the bank’s Commercial Banking team and lead growth...
Infra Pipe Solutions Expands U.S. Operations with Jacksonville Acquisition
News Summary Infra Pipe Solutions Ltd., a Canadian company, has acquired a production facility in Jacksonville for $15 million, enhancing its U.S. operations. The joint venture, FNLR Even Flow LLC,...
Jacksonville Ranks as Top City for VA Loan Accessibility
News Summary Jacksonville has been recognized as the top city in the U.S. for VA loan accessibility, scoring 85% in a recent study. The city’s lack of a state income...
Northeast Florida’s Luxury Real Estate Market Thrives
News Summary Recent real estate transactions in Northeast Florida indicate a booming luxury market, particularly in Jacksonville Beach and surrounding areas. High-end properties, including oceanfront condos and spacious single-family homes,...
New T.J. Maxx Store Opening in Jacksonville Beach
News Summary Jacksonville Beach is set to welcome a new T.J. Maxx store on May 18 at the South Beach Regional shopping center, occupying 25,000 square feet. The grand opening...
Jacksonville’s Economic Boost with Project Bluebird Aviation Facility
News Summary Jacksonville is set to enhance its aviation manufacturing industry as Project Bluebird seeks to invest over $430 million to establish a jet manufacturing facility at Cecil Airport. This...
Finance
Ameris Bank Appoints Luciano Noir-Jones as Jacksonville Market President
News Summary Ameris Bank has named Luciano “Lou” Noir-Jones as the new market president for Jacksonville, effective May 12. Noir-Jones will oversee the bank’s Commercial Banking team and lead growth...
Jacksonville Opens First Entrepreneurship Center in Brentwood
News Summary Jacksonville celebrated the ribbon-cutting of its first Entrepreneurship Workforce Development Center on Golfair Boulevard, aimed at supporting local small businesses and entrepreneurs. The center, born from community demand,...
LISC Jacksonville Receives $450K Grant for Heirs’ Property Issues
News Summary LISC Jacksonville has received a $450,000 grant from Ameris Bank to address heirs’ property issues in the region. This funding is part of the $5.9 million initiative by...
Bank of America Unveils Major Renovation Plans in Jacksonville
News Summary Bank of America is set to invest $6.48 million in renovations for its Jacksonville Operations Center located at 9000 Southside Blvd. The renovations, led by Marand Builders Inc.,...
Jacksonville’s Supermarket Transitions: Southeastern Grocers Restructures
News Summary Southeastern Grocers LLC undergoes significant restructuring amid changes in ownership and store conversions in Jacksonville. The sale of 400 stores to Aldi U.S. heralds a new era, with...
Financial Initiative Boosts Myrtle-Moncrief Corridor
News Summary Pinnacle Financial Partners has initiated a financing program to support commercial property owners in Jacksonville’s Myrtle-Moncrief Avenue B Business Corridor. This new funding initiative aims to alleviate financial...
Jacksonville’s Record Financial Commitment of $74.1 Million
News Summary Jacksonville is facing a significant budget challenge as it prepares to allocate a record $74.1 million in economic development incentives for the next fiscal year. This financial commitment...
Partnership Aims to Revitalize Jacksonville’s Commercial Properties
News Summary A new partnership between Jacksonville and Pinnacle Financial Partners aims to provide essential support to commercial property owners, particularly in Northwest Jacksonville. This initiative focuses on short-term financing...
Fidelity National Financial’s Stock Soars in Jacksonville
News Summary Fidelity National Financial Inc. has seen a remarkable stock increase of 16%, diverging from a generally declining market. Analysts predict continued growth due to improved housing outlooks, positioning...
CONSTRUCTION
Jacksonville Jaguars Receive Permit for New Headquarters
News Summary The Jacksonville Jaguars have been granted a $12.21 million permit for constructing their new headquarters at One Shipyards Place, set to enhance downtown Jacksonville. The development will occupy...
Richmond American Homes Expands in St. Johns County
News Summary Richmond American Homes of Florida has made a significant investment by acquiring 197 residential lots for $38.45 million in St. Johns County. This acquisition, finalized on April 30,...
Gateway Jax Pearl Square Project to Revitalize Downtown Jacksonville
News Summary Downtown Jacksonville is set for transformation with the Gateway Jax Pearl Square project, a $145 million development featuring residential units, short-term rentals, and commercial spaces. The proposed project...
Richmond American Homes Acquires Lots in St. Johns County
News Summary Richmond American Homes of Florida has acquired 197 residential lots in the TrailMark community of St. Johns County for $38.45 million. Spanning 67.47 acres, this transaction, finalized on...
Jacksonville’s New 8-Point Plan to Streamline Civil Plan Review
News Summary The City of Jacksonville has introduced an 8-point plan to enhance its civil plan review process, led by Mayor Donna Deegan. Targeting reductions in review times and complexities,...
Controversy Erupts Over New Chick-fil-A in North Jacksonville
News Summary North Jacksonville is buzzing with discussions over the planned construction of a new Chick-fil-A restaurant. While some residents are excited about the quick-service dining option, others raise concerns...
RiversEdge Development Transforms Jacksonville Riverfront
News Summary Jacksonville’s RiversEdge development is making waves as it transforms the former JEA power station site into a lively mixed-use area. With the first residents now settling in, the...
New Affordable Housing Development Announced in Jacksonville
News Summary Jacksonville welcomes Gavin Point Apartments, a new affordable housing project by WRH Realty Services and The Vestcor Companies. Offering 105 apartment homes, this development aims to cater to...
Bank of America Unveils Major Renovation Plans in Jacksonville
News Summary Bank of America is set to invest $6.48 million in renovations for its Jacksonville Operations Center located at 9000 Southside Blvd. The renovations, led by Marand Builders Inc.,...
Marketing
C&S Wholesale Grocers to Close Baldwin Distribution Center
News Summary C&S Wholesale Grocers will close its 1.2 million-square-foot distribution center in Baldwin, Florida, leading to 490 job losses. The closure will begin in July. This facility, developed by...
Recycling Progress in Jacksonville: Common Pitfalls Identified
News Summary Jacksonville residents are improving their recycling practices, resulting in a decrease in the city’s recycling contamination rate. Experts highlight common mistakes such as throwing plastic bags in curbside...
GOGO Charters to Launch New Routes in Jacksonville
News Summary Residents of Jacksonville can look forward to GOGO Charters arriving in late 2025, providing two daily bus service routes from Atlanta and Orlando. Featuring amenities like reclining seats...
Jacksonville Transportation Authority Welcomes New Leader
News Summary The Jacksonville Transportation Authority (JTA) has appointed Andrew C. Rodgers as its new Vice President – Chief Infrastructure Officer. With extensive experience in the region, Rodgers will oversee...
Jacksonville International Airport Expands Flight Offerings
News Summary Jacksonville International Airport (JIA) is expanding its flight offerings to meet growing passenger demand. This includes new domestic destinations such as Kansas City, as well as international routes...
Real Estate
Jacksonville Real Estate Market Sees Significant Rise in Activity
News Summary Recent real estate transactions in Jacksonville reveal a notable increase in activity across several sectors including multifamily housing, healthcare, commercial spaces, and timberland. Key transactions include the sale...
Jacksonville Ranked Best for VA Loan Accessibility
News Summary Jacksonville, Florida, has emerged as the top city in the U.S. for VA loan accessibility, scoring 85% in a recent study. Factors contributing to this ranking include the...
Jacksonville Ranks as Top City for VA Loan Accessibility
News Summary Jacksonville has been recognized as the top city in the U.S. for VA loan accessibility, scoring 85% in a recent study. The city’s lack of a state income...
Northeast Florida’s Luxury Real Estate Market Thrives
News Summary Recent real estate transactions in Northeast Florida indicate a booming luxury market, particularly in Jacksonville Beach and surrounding areas. High-end properties, including oceanfront condos and spacious single-family homes,...
Jacksonville Initiates $34 Million Northbank Marina Project
News Summary Jacksonville is set to develop the Hans Tanzler Marina, a $34 million project divided into three phases. The first phase, estimated at $12 million, involves floating docks and...
LISC Jacksonville Receives $450K Grant for Heirs’ Property Issues
News Summary LISC Jacksonville has received a $450,000 grant from Ameris Bank to address heirs’ property issues in the region. This funding is part of the $5.9 million initiative by...
Jacksonville Jaguars Receive Permit for New Headquarters
News Summary The Jacksonville Jaguars have been granted a $12.21 million permit for constructing their new headquarters at One Shipyards Place, set to enhance downtown Jacksonville. The development will occupy...
Richmond American Homes Expands in St. Johns County
News Summary Richmond American Homes of Florida has made a significant investment by acquiring 197 residential lots for $38.45 million in St. Johns County. This acquisition, finalized on April 30,...
Gateway Jax Pearl Square Project to Revitalize Downtown Jacksonville
News Summary Downtown Jacksonville is set for transformation with the Gateway Jax Pearl Square project, a $145 million development featuring residential units, short-term rentals, and commercial spaces. The proposed project...
