Daily Record FINANCIAL NEWS &
TUESDAY, MAY 16, 2017
VOL. 104, NO.131 • ELEVEN SECTIONS
www.jaxdailyrecord.com
Mayor Curry’s incentive deals Company
Code name
Industry
By Karen Brune Mathis Editor
Average wage
Maximum city incentives
ROI*
Macquarie Group
Post
Finance & insurance
123
$3.1 million
$64,356
$393,600
1.1
Deutsche Bank
Independence Finance & insurance
350
$23 million
$64,356
$959,000
2.65
Fidelity Global
Sunbee
Finance & insurance
300
$12 million
$64,356
$488,000
5.39
FIS (Sungard)
Revere
Information technology 250
$2.2 million
$49,340
$330,000
1.30
Resource Solutions
Lance
Regional headquarters
75
Unknown
$49,340
$45,000
1.64
KLS Martin Manufacturing Arnica
Manufacturing & HQ
25
$5.3 million
$70,000
$125,000
4.19
Maxwell House / Kraft
Footprints
Manufacturing
40
$36 million
$54,828
$1.04 million 2.87
Ernst & Young
Omega
Finance & insurance
450
$5.95 million $49,340
$450,000
2.26
$230,600
2.10
City Refrigeration Holdings Star
Corporate headquarters 100
$5.7 million
$67,000
Amazon
Rex
Logistics & distribution 1,500
$200 million
500 at $50,000 $13.4 million
1.32
Mercedes-Benz USA
Grace
Manufacturing
54
$2.1 million
$66,098
$64,800
3.90
Hans-Mill Corp.
Bucket
Manufacturing
23
$11.8 million
$30,000
$200,000
4.28
The Safariland Group
Safety
Manufacturing
152
$2.5 million
52 at $45,420
$432,000
1.41
Camper’s Inn
Rambler
Headquarters
22
$195,000
$66,098
$26,400
1.65
Amazon II
Velo
Logistics & distribution 1,200
$115 million
325 at $50,000 $7.1 million
1.79
UPS
Mountain
Logistics & distribution 105
$196 million
10 at $50,675
$4.3 million
3.54
Grace Aerospace
Prototype
Aerospace manufacturing 25
$300,000
$50,675
$25,000
27.38
Mixed-use
$33.8 million N/A
$1.95 million 1.84
River City Crossing
20
Confidential
Velocity
Advanced manufacturing 20
$54 million
$40,000
$2.21 million 2.30
Availity
Avalanche
HQ/IT/life sciences
$12.1 million
$70,000
$300,000
Totals
250
5,084 $721 million
4.23
$34 million
*Return on investment
Mayor says pension reform frees up city to be more aggressive in pursuing deals By David Cawton Staff Writer Mayor Lenny Curry wants CEOs to know that Jacksonville is open for business and willing to make a deal. In an interview Monday, the mayor said bringing more jobs to the area was one of his main priorities, in addition to pension reform and public safety, when he chose to run for mayor. Public records show Curry’s Office of Economic Development has been making deals. Since Curry took office July 1, 2015, City Council has approved at least 20 economic development agreements that
PUBLIC
provide up to $34 million in local incentives. Curry said the structure of the incentives allows Jacksonville to compete for economic development while protecting taxpayers. “We measure everything and make sure that the city, meaning the taxpayer, gets more tax dollars back than goes out,” said Curry. “It always comes back to a return on investment,” he said. Deutsche Bank, United Parcel Service Inc. and others on the list promised to add a total of 5,084 new jobs and make
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Genpact leases at Capital Plaza Takes full floor with space for 200 workers
Taxpayer-funded incentive projects approved since Jacksonville Mayor Lenny Curry took office in 2015, according to the city:
Private Jobs capital to be created investment
35¢
“We measure everything and make sure that the city, meaning the taxpayer, gets more tax dollars back than goes out.” Mayor Lenny Curry
Genpact, a global firm that provides digital professional services, has signed a lease to occupy 37,000 square feet at Capital Plaza in Jacksonville and intends to hire 200 people in the first year and then expand further. Spokeswoman Gail Marold said today Genpact plans to open the center with its first training class July 24. Genpact will first provide processing, underwriting, and closing services for residential mortgage loans for large financial services clients. GENPACT
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Warehouse seeks $1.9M upgrade for UPS United Parcel Service Inc. is adding capacity for the holiday rush as it prepares for a major expansion of its Westside Industrial Park regional package distribution center. At Westlake Industrial Park, The Conlan Co. plans a $1.9 million renovation to the former Samsung building that UPS will lease for additional packageprocessing capacity while its hub expansion is under development. The former Samsung facility will be completed this fall in time for the holiday volume surge. The 400,000-square-foot building is at 12400 Presidents Court. MATHIS
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2016 Delinquent Real Estate Tax List SEE SECTIONS B-K ENCLOSED OR VIEW THE LIST AT JAXDAILYRECORD.COM
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