This ordinance approves a second amendment to the development agreement between the City of Jacksonville and Publix Super Markets, Inc., extending the agreement's duration to September 28, 2031. The amendment allows for the continued development of the 'Pattillo - Publix' project, which includes a 369,780 square foot cold storage facility on 33.95 acres of vacant industrial land located on Beaver Street between Blair Road and Wheeler Road. The extension ensures that Publix can utilize its development rights for the property, which has been part of a series of agreements and extensions since 2001.
The extension of this development agreement is crucial for the continued economic development of the area, providing long-term industrial growth and job creation through the expansion of Publix's warehouse and distribution operations.