Jacksonville Business News
BUSINESS NEWS
Jacksonville’s Fish Store Community Thrives
News Summary Jacksonville is experiencing a vibrant transformation in its fish store scene, highlighted by Floating Sea Aquatics, Orange Park Aquatics, and other local businesses fostering community through education and...
Jacksonville Launches New Residential and Retail Project
News Summary Jacksonville has officially begun the development of a new residential and retail project in downtown, featuring 286 multifamily units and 20,000 square feet of retail space in the...
Jacksonville Named Second Hottest Job Market in the U.S.
News Summary Jacksonville has emerged as the second hottest job market in the United States for 2025, driven by significant economic growth and a robust job creation environment. The city...
Jacksonville’s Thriving Aquatic Community and Unique Fish Stores
News Summary Jacksonville is home to a thriving aquatic community, supported by unique fish stores that emphasize local connections and educational efforts. Floating Sea Aquatics leads with a nonprofit model...
Lifted Riffs: Jacksonville’s Rising Pop-Punk Band
News Summary Lifted Riffs, a three-piece pop-punk band from Jacksonville, has been gaining attention since their formation in 2020. Influenced by genre legends, they are set to release their debut...
Fidelity’s CEO Stephanie Ferris Remains Jacksonville’s Highest-Paid
News Summary Stephanie Ferris, CEO of Fidelity National Information Services Inc. (FIS), has been named Jacksonville’s highest-paid CEO for the second consecutive year, with a total compensation of $21.2 million...
6S Development Proposes Tesla Collision Center in Jacksonville
News Summary 6S Development is moving forward with plans to establish a Tesla Collision Center in Southwest Jacksonville, aiming to cover 3.85 acres at 6655 Blanding Blvd. The facility will...
Jacksonville City Council Rejects Costco Gas Station Proposal
News Summary The Jacksonville City Council has voted 15-3 to deny a rezoning request from Costco for a proposed gas station at the St. Johns Town Center. This decision follows...
New Grant Supports Jacksonville Families in Property Ownership
News Summary A $450,000 grant awarded to the Local Initiatives Support Corporation aims to help Jacksonville families secure legal ownership of inherited homes and generational land. Many families have faced...
Finance
Jacksonville Named Second Hottest Job Market in the U.S.
News Summary Jacksonville has emerged as the second hottest job market in the United States for 2025, driven by significant economic growth and a robust job creation environment. The city...
Fidelity’s CEO Stephanie Ferris Remains Jacksonville’s Highest-Paid
News Summary Stephanie Ferris, CEO of Fidelity National Information Services Inc. (FIS), has been named Jacksonville’s highest-paid CEO for the second consecutive year, with a total compensation of $21.2 million...
Jacksonville Proposes $20 Million Incentive for Otto Aviation Plant
News Summary Jacksonville is considering a $20 million incentive package to attract Otto Aviation to establish a manufacturing plant for its Phantom 3500 corporate jet at Cecil Airport. The proposal,...
Jacksonville Unemployment Rate Decreases in April
News Summary Jacksonville’s unemployment rate decreased from 3.6% in March to 3.5% in April, according to the Florida Department of Commerce. The local labor force remains stable at 855,862 individuals,...
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...
CONSTRUCTION
Haskell to Relocate Headquarters in Jacksonville
News Summary Haskell, a Jacksonville-based global building services company, is set to relocate its headquarters to 701 San Marco Blvd. to accommodate growth and celebrate its 60th anniversary. The move,...
Renovation of The Pondry in Jacksonville to Create New Office Suites
News Summary Jacksonville has approved a $679,656 renovation project at The Pondry to develop new office suites. Covering nearly 11,000 square feet, the private suites will be leased by JLL....
Jacksonville’s Gateway Jax Development Breaks Ground
News Summary Groundbreaking for the Gateway Jax mixed-use project at 425 Beaver Street is scheduled for May 29. This development will include 286 residential units, 20,000 square feet of retail...
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...
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 Launches New Residential and Retail Project
News Summary Jacksonville has officially begun the development of a new residential and retail project in downtown, featuring 286 multifamily units and 20,000 square feet of retail space in the...
6S Development Proposes Tesla Collision Center in Jacksonville
News Summary 6S Development is moving forward with plans to establish a Tesla Collision Center in Southwest Jacksonville, aiming to cover 3.85 acres at 6655 Blanding Blvd. The facility will...
New Grant Supports Jacksonville Families in Property Ownership
News Summary A $450,000 grant awarded to the Local Initiatives Support Corporation aims to help Jacksonville families secure legal ownership of inherited homes and generational land. Many families have faced...
Haskell to Relocate Headquarters in Jacksonville
News Summary Haskell, a Jacksonville-based global building services company, is set to relocate its headquarters to 701 San Marco Blvd. to accommodate growth and celebrate its 60th anniversary. The move,...
Jacksonville’s Industrial Market Experiences Cooling Effect
News Summary Jacksonville’s industrial market is showing signs of cooling in Q1 2025, attributed to uncertainty over tariffs and a decline in leasing activity. The average vacancy rate remains stable...
Jacksonville Industrial Market Shows Signs of Cooling
News Summary The industrial market in Jacksonville has started to cool down in early 2025, attributed to tariff uncertainties and other market challenges. Reports from major real estate firms indicate...
Jacksonville Sees Major Land Acquisition for Development
News Summary Meritage Homes has acquired 945.76 acres of timberland in Northwest Jacksonville for $13.475 million, marking a significant step in the region’s residential development. This acquisition aligns with the...
Meritage Homes Expands Florida Operations with Timberland Acquisition
News Summary Meritage Homes, a major homebuilder from Arizona, has purchased 945.76 acres of timberland in Northwest Jacksonville for $13.475 million. This acquisition, finalized on May 15, enhances its presence...
Renovation of The Pondry in Jacksonville to Create New Office Suites
News Summary Jacksonville has approved a $679,656 renovation project at The Pondry to develop new office suites. Covering nearly 11,000 square feet, the private suites will be leased by JLL....
