• Provides for acquisition and construction of a multifamily residential housing facility of approximately 240 to be known as “Campbell Cove”

Finance Committee · 2026-05-19 · agenda_item

A new multifamily residential housing facility, named "Campbell Cove," is planned for 11050 Beach Blvd. This project proposes approximately 240 units, with all units designated for residents at or below 60% of the Area Median Income. The City of Jacksonville Finance Committee is currently reviewing this development, which has already received a $5,000,000 Development Loan. The project's scope will likely involve site preparation, utility work, building construction including framing, electrical, plumbing, and HVAC systems, followed by interior and exterior finishes and landscaping. Local contractors, trades, suppliers, and service providers are encouraged to engage early, as this project is in the planning stages and offers an opportunity to participate before final bids and permits are issued.

units

240

AMI percentage

60 %

Development Loan

5,000,000 $