Council grants final approval to incentives for first phase of Gateway Jax development
Ahead of a construction start as early as October, developers of the Gateway Jax mixed-use project in Downtown Jacksonville can now move forward knowing they have $98.58 million in city incentives awaiting them upon the completion of the first phase of the project.
The Jacksonville City Council approved the incentives package Aug. 13 on an 18-0 vote with member Ron Salem abstaining. The funding will be for the $419 million first phase of the project, also known as The Pearl Street District.