The Mathis Report: ‘Project Danville' legislation introduced; Patriot Rail build-out approved

The international distribution company wants to create 87 jobs at an undisclosed Jacksonville location.


Patriot Rail will build-out the third floor of the Waterview II building at 10752 Deerwood Park Blvd.
Patriot Rail will build-out the third floor of the Waterview II building at 10752 Deerwood Park Blvd.
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Legislation was filed last week with City Council for Project Danville, the unidentified international distribution company that is considering a facility in Jacksonville.

The bill, 2019-37, is scheduled to be introduced at Tuesday’s council meeting.

Danville proposes to invest $50 million and create 87 jobs at an average salary of $57,540, plus benefits, by year-end 2022.

It says it also is evaluating several states that include Georgia and North Carolina. Documents do not identify a potential Jacksonville site or facility size.

Danville seeks a $261,000 Qualified Target Industry Tax Refund - $3,000 per job - of which the city would pay up to $52,200. The state would pay the rest. Danville asks for a fast track council cycle of two readings rather than three.

Patriot Rail build-out approved by city

Jacksonville-based Patriot Rail Co. LLC space was approved Friday for build-out on the third floor of the Waterview II building at 10752 Deerwood Park Blvd. The Conlan Co. is the contractor for the $667,816 project.

CBRE Inc. Senior Vice President Oliver Barakat, who represents the Waterview Office Park, said previously Patriot Rail expects to occupy 27,467 square feet of space there.

Patriot Rail will relocate from the BBVA Compass bank building at 10060 Skinner Lake Drive. Patriot Rail will lease office space vacated by Jacksonville-based health care IT company Availity LLC, which moved to the Town Center One building.

Patriot Rail Co. LLC manages 12 short-line railroads in 14 states across the U.S. The company said it was running out of capacity in its existing office because of growth and that it intends to move in April.

Patriot Rail said the space it will lease is about the same size at both buildings, but the new offices will allow it to operate on one floor rather than among two.

The company has 100 employees at the corporate office and 850 companywide.

 

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