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Economic Development Agreement for Eckart, LLC Regional Distribution Facility in Jacksonville, FL

  • When: 2025/01/28
  • Address: 5400 W 12th Street, Jacksonville, FL 32254
  • City: Jacksonville
  • State: FL
  • Category: Economic Development Incentives
  • Subcategory: Tax Increment Financing
  • Asset Class: Commercial
  • Property Type: Logistics
  • Size: 150,000 sq. ft. warehouse on 7.3 acres

The Jacksonville City Council has approved an economic development agreement with Eckart, LLC, to establish a regional distribution facility in the city. The company plans to lease a 150,000-square-foot warehouse at 5400 W 12th Street, located in a Level 1 Economically Distressed Area in Northwest Jacksonville. The development will create at least 45 new full-time jobs within 36 months at an average wage of $79,960, which is 121% above the Duval County average. Eckart will invest $1,000,000 in private capital improvements over the first two years, including warehouse racking, machinery, and IT infrastructure. The city has approved a Local Targeted Industry Employment Grant of up to $67,500 ($1,500 per job created) to incentivize the project, payable over four years upon job verification. The agreement also includes a waiver of the Public Investment Policy to facilitate the grant allocation.

Why it Matters

This economic development initiative strengthens Jacksonville’s position as a regional logistics hub while providing high-wage jobs in an economically distressed area. The investment will stimulate economic growth, increase tax revenues, and support the city’s strategic efforts to attract industry-leading businesses.

Source

Applicant - Eckart, LLC


Developer - Eckart, LLC


City Representative - Office of Economic Development


Allowed Uses: Regional distribution center for electrical, plumbing, and HVAC equipment and supplies, employing at least 45 full-time workers.