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Community Investment Portfolio

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Community Investment Portfolio Community Investment Portfolio Catalytic Projects in Jacksonville’s Urban Core URBAN CORE ECONOMIC DEVELOPMENT FORUM 2020 Jacksonville’s Urban Core Neighborhood Leadership Group Jacksonville’s Urban Core Neighborhood Leadership Group Neighborhood Partners Civic Partners Groundwork Jacksonville First Coast APA Historic Eastside CDC Jacksonville Transit Authority New Town Success Zone Nonprofi t Center of Northeast Florida Northwest Jacksonville CDC Petra Rail Yard Districk Business Council SelfHelp Credit Union Revitalize Arlington TIAA Bank Visit Jacksonville Vystar Credit Union Sponsors Community Investment Portfolio Investment is key to healthy cities, vibrant communities, living wage jobs, and affordable housing. Assembled here is a portfolio of Jacksonville’s next great investment opportunities. These projects are the most investment-ready of dozens to emerge from a series of meetings held by Jacksonville’s Urban Core Neighborhood Leadership Group – leaders of local organizations convened by LISC Jacksonville who have been supporting inclusive development in their communities. Some of these projects call for substantial residential and commercial development. Project values exceed $85 million in the aggregate. Many have key partners in place, while others are looking for developers or tenants. Some are under construction. Others are seeking financing. All have the potential to improve our communities in many ways. And they are just the beginning. Check out what these neighborhoods have to offer. You may agree – it makes sense to invest in Jacksonville’s Urban Core. Arlington Woodland Acres I.M.P.A.C.T.Dream Center Adaptive reuse of vacant and blighted public buildings into an economic mobility and family strengthening hub. FOR MORE INFORMATION CONTACT: The Dream Center will provide financial and employment coaching, Dr. Joy Hervey, CEO Arlington 20/20 homeownership and entrepreneurship supports, a neighborhood [email protected] health center, and youth programs in technology and trades. Arlington 20/20, Revitalize Arlington, Inc., and the COJ are working together www.arlington2020jax.org 904-339-5125 to repurpose two unused public buildings totaling over 6,000 SF to address economic mobility in Arlington’s Woodland Acres neighborhood. Since 2015, Arlington 20/20 has engaged neighbors in assessing community needs and visioning solutions, resulting in the Woodland Acres Integrated Model for Prevention, Access, and Community Transformation (I.M.P.A.C.T.) Dream Center. Renovation is underway and concurrent programming is in operation at the adjacent park, elementary school, and apartment complexes. BENEFITS. The Dream Center will target wealth-building supports such as financial coaching, entrepreneurship, health and wellness, and preparation for high-demand careers. The project is reducing blight, creating public art, and connecting neighbors. Woodland Acres LOCATION ▸ 465 Acme St. and 8200 Kona Ave. ▸ (Adjacent to Warrington Park and ▸ Woodland Acres Elementary School) INVESTMENT OPPORTUNITY ▸ $600,000 redevelopment ▸ $500,000 leveraged annually ECONOMIC IMPACT ▸ 10+ jobs and contractor opportunities created and retained ▸ 1,000 low- to moderate-income neighbors per year increasing economic mobility ▸ Increased rates of homeownership and contribution to the area’s tax base TIMELINE ▸ 2016-2017 Site Control and Planning ▸ 2018-2019 Fundraising ▸ 2020 Phase 1 Construction (Multipurpose Building) ▸ 2021 Phase 2 Construction (Clinic Building) PARTNERS ▸ Revitalize Arlington (Arlington 20/20) ▸ Impact Church ▸ City of Jacksonville ▸ The Community Foundation of Northeast Florida ▸ LISC Jacksonville ▸ Jacksonville University SUPPORTING ORGANIZATIONS Th e Arlington 20/20 initiative, led by Impact Church and Revitalize Arlington, brings MAP together government, faith-based, nonprofi t, and corporate partners to create measurable change in fi ve focus areas: economic devel- opment, family strengthening, community empowerment, hous- ing develop ment, and workforce development. For a full list of part- ners, visit arlington2020jax.org. LISC Jacksonville | 100 North Laura Street, Suite 600, Jacksonville, Florida 32202 | (904) 353-1300 LISC Jacksonville 100 North Laura Street, Suite 600 Jacksonville, Florida 32202 904-353-1300 Arlington Dolphin Pointe Health Care New $18 million 120-bed skilled nursing facility and rehab center will add up to 200 community jobs FOR MORE INFORMATION CONTACT: Dolphin Pointe Health Care is a state-of-the-art long-term care and Dr. Joy Hervey, CEO Arlington 20/20 skilled nursing facility overlooking the St. John River in Arlington, [email protected] adjacent to the Jacksonville University campus. The two-story project, a partnership between JU and alumnus Greg Nelson, is a 100,000 www.arlington2020jax.org 904-339-5125 square foot facility with private suites, therapy services, rehabilitation center, and a full array of services and amenities. Dolphin Pointe is the first Tax Increment Financing project to receive major funding through the Renew Arlington Community Redevelopment Agency. Future plans call for construction of an Assisting Living and an Independent Living facility. BENEFITS Dolphin Pointe is an $18 million investment that serves as an anchor to Jacksonville University and the Arlington community. Up to 200 jobs will be created or retained. Residents will receive quality health care. JU students will receive training at the facility in high growth health care professions, while pursuing their degrees. Dolphin Pointe Health Care LOCATION ▸ 3412 University Blvd north of Jacksonville University overlooking St. John River INVESTMENT OPPORTUNITY ▸ $18 million in skilled nursing facility ▸ Future Assisted Living and Independent Living facilities ECONOMIC IMPACT ▸ $18 million project value ▸ 100,000 square foot facility ▸ 200 jobs created or retained TIMELINE ▸ 2016 Permits approved ▸ 2018–2019 Construction ▸ 2020 Project completion PARTNERS ▸ Nelson Holdings ▸ Jacksonville University SUPPORTING ORGANIZATIONS Local organizations supporting the project include Revitalize Arlington, Arlington 20/20, Impact Church, and Jacksonville University MAP LISC Jacksonville | 100 North Laura Street, Suite 600, Jacksonville, Florida 32202 | (904) 353-1300 LISC Jacksonville 100 North Laura Street, Suite 600 Jacksonville, Florida 32202 904-353-1300 Historic Eastside Union Terminal Warehouse 100 year-old industrial building to be reborn as community anchor with residential lofts, commercial space, offices, and makerspace FOR MORE INFORMATION CONTACT: Development of this 330,000 square foot structure will transform the Suzanne Pickett Historic Eastside CDC top 3 floors into 200 residential lofts, including studios, one-bedroom, [email protected] and two-bedroom units. The ground floor will include 30,000 square feet of co-working space and the basement will remain “makerspace.” https://www.hecdcjax.org BENEFITS The renovated building will serve as a community anchor on the Historic Eastside, providing a major investment, quality housing, and restaurant and gallery space, generating more than 200 jobs in the process. The facility is designed as a dynamic mixed-use campus housing artists and live-work space on the 8-acre property. Union Terminal Warehouse LOCATION ▸ 700 East Union Street INVESTMENT OPPORTUNITY ▸ $16 million Opportunity Zone equity ECONOMIC IMPACT ▸ $54 million investment ▸ 200 jobs ▸ 200 residential lofts ▸ Small business growth TIMELINE ▸ 2020 Construction begins ▸ 2021 Phase 1 completion ▸ 2022–2023 Project completion PARTNERS ▸ East Union Property Owner, LLC a Columbia Ventures entity ▸ Dasher Hurst Architecture ▸ LISC Jacksonville SUPPORTING ORGANIZATIONS Historic Eastside CDC is the neighborhood organization that serves as the resource and liaison to preserve and transform the Eastside neighborhood through equitable community development by improving access to affordable housing, social services, cultural development, wealth building, education and safety. MAP LISC Jacksonville 100 North Laura Street, Suite 600 Jacksonville, Florida 32202 904-353-1300 Jacksonville Urban Core Neighborhoods Emerald Trail – the Model Project Groundwork Jacksonville kicks off “Model Mile” – Phase one of 10-year plan to spur healthy lifestyles, economic growth and neighborhood revitalization FOR MORE INFORMATION CONTACT: Groundwork Jacksonville is engaging neighborhood stakeholders, Kay Ehas, Chief Executive Officer Groundwork Jacksonville business leaders, funders and the City to plan and build the Emerald [email protected] Trail, a signature outdoor destination of 30 miles of trail, greenways and parks that link the Urban Core neighborhoods to Downtown and Shanell Davis-Bryant, Program Manager [email protected] the North and Southbank Riverwalks The “Model Mile” is a 1.3-mile segment that will connect the Brooklyn and LaVilla neighborhoods. www.groundworkjax.org With support from the City of Jacksonville, the construction of the Model Mile is scheduled to begin in October 2020. BENEFITS A connected system of greenways and trails linking people to parks, schools, restaurants, and businesses will encourage healthy lifestyles, and spur economic investment in neighborhoods throughout the Urban Core. Emerald Trail LOCATION ▸ Model Mile: adjacent to Rail Yard District, LaVilla & Brooklyn neighborhoods ▸ Emerald Trail (10-year plan): 20 miles of new trails linking 14 historic neighborhoods to downtown, schools, parks, and amenities INVESTMENT OPPORTUNITY ▸ $1 million
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