Author Topic: Plan to sell Cecil megasite to Spanish manufacturer Cosentino headed to Council  (Read 3366 times)

thelakelander

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Plan to sell 330 acres of Cecil megasite to Spanish manufacturer Cosentino headed to City Council

A plan to sell an initial 330 acres of the Cecil Commerce Center megasite in West Jacksonville to Spanish sustainable surfaces company Cosentino Group for a multiphase manufacturing facility is headed to City Council.

The Mayor’s Budget Review Committee voted 6-0 on April 24 to file legislation to approve the sale of the land to Cosentino for $20.5 million to build a $270 million first phase that city economic development officials say could top $440 million with future investment.

According to an April 19 project summary and term sheet by the city Office of Economic Development, the initial phase of the project is an estimated $270 million.

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Cosentino will be a primary user of a planned CSX Corp. rail line extension into the megasite.

According to the project summary, the city will need to spend $3 million to extend Logistics Lane, a road that will service the site; $2.5 million on the city’s portion of the rail extension; and $2.5 million for water and sewer connection.

https://www.jaxdailyrecord.com/news/2023/apr/24/plan-to-sell-330-acres-of-cecil-megasite-to-spanish-manufacturer-cosentino-headed-to-city-council/
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Jax_Developer

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City dollars on these projects feel so much more meaningful. Hopefully this project all comes together.

jaxlongtimer

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This company has a 21 MILLION square foot building complex in Spain.  Google Mapped it and it's massive.  I have to wonder how they will be happy with our "little" mega site.   ::)