Latest Fleet Landing Seeks Tax Breaks for Downtown Tower in Jacksonville
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JACKSONVILLE, FL · NORTHEAST FLORIDA EDITION · FRIDAY, OCTOBER 16, 2026
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Fleet Landing Seeks Tax Breaks for Downtown Tower in Jacksonville

Published October 16, 2026 at 6:39 am | By Connor Rendon, Staff Reporter

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JACKSONVILLE, Fla. — A Jacksonville senior living nonprofit is asking downtown officials for a long tax-rebate package tied to a riverside high-rise on the old Haskell campus.

Fleet Landing wants the Downtown Investment Authority board to back, on Oct. 21, a 20-year Recapture Enhanced Value grant capped near $49.27 million for Fleet Landing Riverside at 111 Riverside Ave. The ask skips any lump-sum completion grant. Jacksonville City Council would still have to bless the deal afterward.

Blueprints describe a 31-story building with no fewer than 275 homes, split as 238 independent-living apartments plus 46 rooms for assisted care, memory support or skilled nursing. Ground-floor plans show a restaurant opening onto the St. Johns Riverwalk and about 3,200 square feet of storefront space along Riverside Avenue. Fleet Landing is buying 7.39 riverfront acres for $24 million, putting the tower on 3.71 acres and holding the rest for later phases. The empty office tower would be demolished.

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DIA staff put hard costs near $381.56 million and figure the city recovers about $1.35 for each incentive dollar. The campus is expected to support more than 130 full-time jobs. The Downtown Development Review Board floated conceptual approval in March for a design once labeled 32 floors; the incentive paper now lists 31.

Haskell left the Northbank offices in 2025 for a Southbank headquarters. Fleet Landing already runs its Atlantic Beach campus and is building another community in Nocatee, extending its age-62-plus model deeper into Jacksonville’s urban core if the rebate vote lands.

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Section: More Jacksonville FL business news

What's Happening
What is up for a vote?
Up to $49.27 million in 20-year tax rebates at the Oct. 21 DIA board meeting.
What would be built?
A 31-story senior living tower with 238 independent and 46 care units.
Where?
111 Riverside Ave., the former Haskell headquarters tract.
Connor Rendon
HERE Jacksonville · BUSINESS

Connor is a staff reporter for HERE Jacksonville covering local news, community stories, and developments across Duval County. Connor is committed to accurate, community-first journalism.

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