ORD Approv & Auth JEA to Sell Its Former Headquarters Site Located Gen at 21 W. Church St & 421 Laura St, Jax, FL 32202 (R.E. Nos. 073863-0000 & 073720-0000), Within Council Dist 7, for Less Than the Appraised Value, at a Purchase Price of $1,000,000, to Jewel at 21 West, LLC, Pursuant to That Certain Purchase Agrmt Btwn Seller & Purchaser (Sawyer) (Req of JEA)

Finance Committee · 2026-06-02 · agenda_item

The City of Jacksonville's Finance Committee has approved an ordinance allowing the Jacksonville Electric Authority (JEA) to sell its former headquarters site. This property is located generally at 21 West Church Street and 421 Laura Street in Jacksonville, Florida. The sale is to Jewel at 21 West, LLC, for a purchase price of $1,000,000. This item has been approved by the Finance Committee and City Council. The sale of this property will likely lead to future development and renovation projects. These could include site preparation, demolition, new construction, and interior finishing work. Local contractors, suppliers, and service providers are encouraged to reach out to the buyer or JEA to learn more about potential opportunities as plans develop. Early engagement can provide an advantage before specific bids and permits are finalized.

purchase price

1000000 $