ORD Expressing the Council’s Support for the Estab of a Culinary Institute of America SE Campus in Downtown Jax to Include Dev of an Approx 50,000 Sq Ft Facility to Support Related Workforce Dev, Educational, & Economic Dev Activities; Auth Negotiation of a Final Term Sheet & Economic Dev Incentive Package of Up to $35,000,000 to Support Capital Improvements & Workforce Dev Activities for the Project, Subj to Council Appvl of an Economic Dev or Similar Agrmt & the Lawful Approp of Funds for the Project; Req 1 Cycle Emerg Passage (Teal) (Introduced by CM Carrico) 5/12/26 CO Introduced: NCSPHS, F Public Hearing Pursuant to Ch 166, F.S. & C.R. 3.601 - 5/26/26 — 2026-419 Exhibit 1 — Neighborhoods, Community Services, Public Health and Safety Committee (2026-05-18)
Jacksonville city, Duval County, Florida
AI Summary
The City of Jacksonville proposes a $35 million, six-year Economic Development Agreement ("Project Caymus") with a developer/non-profit to redevelop the Ford on Bay site into an educational and mixed-use campus. The city commits workforce development funds from fiscal years 2026/2027 through 2031/2032, with the developer committing to deliver 12+ educational programs, establish a Department of Education-approved campus, and develop public spaces and a marina. The city will facilitate permitting, coordinate funding sources, and provide property access; the developer will maintain a downtown presence and provide quarterly progress updates through the Downtown Special Committee...
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