{"id":429759,"date":"2026-10-16T19:10:08","date_gmt":"2026-10-16T19:10:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-fl\/429759\/"},"modified":"2026-10-16T19:10:08","modified_gmt":"2026-10-16T19:10:08","slug":"northbank-senior-tower-considered-for-49-27m-in-tax-rebates","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-fl\/429759\/","title":{"rendered":"Northbank senior tower considered for $49.27M in tax rebates"},"content":{"rendered":"<p id=\"h1013206-p1\">Fleet Landing\u2019s proposed <a href=\"https:\/\/jaxtoday.org\/2026\/02\/23\/fleet-landing-tower-northbank\/\" rel=\"nofollow noopener\" target=\"_blank\">31-story retirement tower<\/a> on Downtown Jacksonville\u2019s Northbank is under consideration for up to $49.27 million in tax incentives, with the Downtown Investment Authority\u2019s board set to consider the proposal Wednesday.<\/p>\n<p id=\"h1013206-p2\">The incentives would come in a 20-year, 75% Recapture Enhanced Value Grant, according incentive Resolution 2026-10-02. A REV grant is a refund on ad valorem tax revenue generated by a new development or property enhancement. It can apply to property and tangible personal property.<\/p>\n<p id=\"h1013206-p3\">The measure would be subject to a final approval or denial by City Council.\u00a0<\/p>\n<p><a href=\"https:\/\/www.jaxdailyrecord.com\/news\/2026\/oct\/15\/dia-proposes-4927-million-in-tax-revates-for-fleet-landing-northbank-project\/\" rel=\"nofollow noopener\" target=\"_blank\">Read the rest of this story<\/a> at the Jacksonville Daily Record, a Jacksonville Today news partner.<\/p>\n","protected":false},"excerpt":{"rendered":"Fleet Landing\u2019s proposed 31-story retirement tower on Downtown Jacksonville\u2019s Northbank is under consideration for up to $49.27 million&hellip;\n","protected":false},"author":2,"featured_media":429760,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[116,118,117],"class_list":["post-429759","post","type-post","status-publish","format-standard","has-post-thumbnail","category-jacksonville","tag-jacksonville","tag-jacksonville-headlines","tag-jacksonville-news"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/429759","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=429759"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/429759\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media\/429760"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media?parent=429759"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/categories?post=429759"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/tags?post=429759"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}