JBJ - Two Firms make bids for former JEA Headquarters

[Zac T]

The other firm that responded to the RFP wanted the property conveyed to them for free so $1 mil is better than nothing

[Steve]

Yea, my understanding is the buildings do need a LOT of work.

I mean, to me the one time sale isn't a big deal, when you're now privatizing the buildings and getting them back on the tax rolls, and getting use out of them. Yes, I'm sure it will come with an incentives ask. As long as the ask is reasonable for the market then let's get it done.

[thelakelander]

Did anyone notice that bit where it said they gave the three buildings, main building, admin building, and parking garage, to Live Oak for $1m?

Yes. I'm fine with this. I wish COJ would have sold the City Hall Annex for $1 million to get a major adaptive reuse project off the ground and the property back on the tax rolls. Instead we spent hundreds of thousands to raze for a lot that has been vacant and non revenue generating for nearly a full decade now.