{"id":153494,"date":"2026-02-12T20:55:08","date_gmt":"2026-02-12T20:55:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-fl\/153494\/"},"modified":"2026-02-12T20:55:08","modified_gmt":"2026-02-12T20:55:08","slug":"dcps-adjusts-headquarters-relocation-plan-after-chase-properties-requests-to-terminate-purchase-agreement","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-fl\/153494\/","title":{"rendered":"DCPS adjusts headquarters relocation plan after Chase Properties requests to terminate purchase agreement"},"content":{"rendered":"<p class=\"dist__Box-sc-1fnzlkn-0 dist__TextBase-sc-1fnzlkn-3 bYFsJw cuqaEv article-text\">JACKSONVILLE, Fla. \u2013 Duval County Public Schools said on Thursday it is adjusting its administrative headquarters relocation plans after it received notification from Chase Properties of its intent to terminate the agreement to purchase the district\u2019s Southbank headquarters.<\/p>\n<p class=\"dist__Box-sc-1fnzlkn-0 dist__TextBase-sc-1fnzlkn-3 bYFsJw cuqaEv article-text\">The agreement, approved by the School Board in a 4\u20133 vote on Nov. 4, 2025, would have allowed Chase Properties to acquire the riverfront site for $17.2 million and pursue a mixed-use redevelopment including residential and commercial space.<\/p>\n<p class=\"dist__Box-sc-1fnzlkn-0 dist__TextBase-sc-1fnzlkn-3 bYFsJw cuqaEv article-text\">RELATED | <a href=\"https:\/\/www.news4jax.com\/news\/local\/2025\/11\/05\/dcps-approves-17m-offer-from-chase-properties-to-sell-riverfront-headquarters\/\" target=\"_blank\" rel=\"nofollow noopener\" title=\"https:\/\/www.news4jax.com\/news\/local\/2025\/11\/05\/dcps-approves-17m-offer-from-chase-properties-to-sell-riverfront-headquarters\/\">DCPS approves $17M offer from Chase Properties to sell riverfront headquarters, purchases new site in Baymeadows<\/a><\/p>\n<p class=\"dist__Box-sc-1fnzlkn-0 dist__TextBase-sc-1fnzlkn-3 bYFsJw cuqaEv article-text\">During that same school board meeting in November, the Board also evaluated a $13.65 million purchase of the Dream Finders building on Prominence Parkway off Baymeadows Road as its potential new headquarters. The proposed purchase included $650,000 for personal property, such as office furniture, with the remaining $13 million allocated for the building itself.<\/p>\n<p class=\"dist__Box-sc-1fnzlkn-0 dist__TextBase-sc-1fnzlkn-3 bYFsJw cuqaEv article-text\">The purchase of Prominence Parkway also passed with a 4 to 3 vote.<\/p>\n<p class=\"dist__Box-sc-1fnzlkn-0 dist__TextBase-sc-1fnzlkn-3 bYFsJw cuqaEv article-text\">However, as a result of Chase Properties\u2019 decision, DCPS said it has exercised its option to terminate its related purchase contract with Dream Finders Homes.<\/p>\n<p class=\"dist__Box-sc-1fnzlkn-0 dist__TextBase-sc-1fnzlkn-3 bYFsJw cuqaEv article-text\">\u201cThese actions are consistent with the School Board\u2019s direction to avoid owning two properties simultaneously and to minimize unnecessary financial or operational overlap during any transition period,\u201d DCPS wrote in a news release.<\/p>\n<p class=\"dist__Box-sc-1fnzlkn-0 dist__TextBase-sc-1fnzlkn-3 bYFsJw cuqaEv article-text\">PREVIOUS COVERAGE | <a href=\"https:\/\/www.news4jax.com\/news\/local\/2025\/10\/08\/dcps-unanimously-votes-not-to-sell-current-administration-building-also-rejects-purchase-of-prominence-parkway-property\/\" target=\"_blank\" rel=\"nofollow noopener\" title=\"https:\/\/www.news4jax.com\/news\/local\/2025\/10\/08\/dcps-unanimously-votes-not-to-sell-current-administration-building-also-rejects-purchase-of-prominence-parkway-property\/\">DCPS unanimously votes not to sell current administration building; also rejects purchase of Prominence Parkway property<\/a> | <a href=\"https:\/\/www.news4jax.com\/news\/local\/2025\/10\/08\/dcps-headquarters-staying-by-st-johns-river-for-now-district-is-exploring-alternative-relocation-options\/\" target=\"_blank\" rel=\"nofollow noopener\" title=\"https:\/\/www.news4jax.com\/news\/local\/2025\/10\/08\/dcps-headquarters-staying-by-st-johns-river-for-now-district-is-exploring-alternative-relocation-options\/\">DCPS headquarters staying by St. Johns River for now; district is exploring \u2018alternative relocation options\u2019<\/a><\/p>\n<p class=\"dist__Box-sc-1fnzlkn-0 dist__TextBase-sc-1fnzlkn-3 bYFsJw cuqaEv article-text\">District officials emphasized that DCPS is reviewing appropriate next steps with a focus on fiscal responsibility, long-term operational efficiency, and stewardship of taxpayer resources, while continuing to prioritize the needs of students and staff.<\/p>\n<p class=\"dist__Box-sc-1fnzlkn-0 dist__TextBase-sc-1fnzlkn-3 bYFsJw cuqaEv article-text\">At this time, no new timeline has been established for future proposals or decisions. Updates will be shared on the district\u2019s official website.<\/p>\n<p class=\"dist__Box-sc-1fnzlkn-0 dist__TextBase-sc-1fnzlkn-3 bYFsJw cuqaEv article-text\">DCPS will continue operating from its current Prudential Drive location while it evaluates the future of its headquarters.<\/p>\n<p>Copyright 2026 by WJXT News4JAX &#8211; All rights reserved.<\/p>\n","protected":false},"excerpt":{"rendered":"JACKSONVILLE, Fla. \u2013 Duval County Public Schools said on Thursday it is adjusting its administrative headquarters relocation plans&hellip;\n","protected":false},"author":2,"featured_media":153495,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[1040,1039,1038,113,116,118,117],"class_list":{"0":"post-153494","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-jacksonville","8":"tag-dcps","9":"tag-duval-county","10":"tag-duval-county-public-schools","11":"tag-education","12":"tag-jacksonville","13":"tag-jacksonville-headlines","14":"tag-jacksonville-news"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/153494","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/comments?post=153494"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/153494\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media\/153495"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media?parent=153494"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/categories?post=153494"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/tags?post=153494"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}