Skip to main content
Business
Jax Daily Record Friday, Mar. 18, 202205:00 AM EST

Borland Groover plans a $14.6 million Clay County medical center

Share
The gastroenterology services clinic seeks an economic development grant for the development
by: Dan Macdonald Staff Writer

Borland Groover Clinic plans to build a 14,000-square-foot, $14.6 million surgery center and medical office at 805 Wells Road in Orange Park.

The Jacksonville-based gastroenterology services and treatment provider is applying for an Economic Development Incentives Grant from the Clay County Board of County Commissioners. The request is on the commission’s March 22 meeting agenda.

The $14.6 million cost includes renovation, fixtures, equipment and other costs.

According to a report prepared March 11 by Chereese Stewart, assistant county manager, the facility will create 49 jobs “all of which are expected to exceed the average Clay County wage of $39,605,” according to the report.

In the summary, the average annual wage without benefits is stated by Borland Groover to be $56,365.

If approved, the grant would pay Borland Groover after the facility has been operating for a year and if at least 10 full-time jobs are retained.

The grant amount is dependent on the tax revenue the new facility brings to the county.

The grant request is complicated because the property is in the incorporated town of Orange Park. Because it is in Orange Park, the economic development grant will pay 75% of the incremental increase in ad valorem taxes paid above the base year (before the facility is opened) for 10 years.

After that, Borland Groover will be paid 50% of the incremental increase in ad valorem taxes paid above the base year for another five years.

Also because it is in Orange Park, the grant refund is calculated only on the portion of taxes collected by the county.

The grant request scored 26 points on a scale of 40. It received 7 points for wages, 10 points for capital investment, 9 for jobs and 0 for location.

The report recommends approving the grant.

Borland Groover has several locations throughout Jacksonville and Florida. Its website is borlandgroover.com.

Borland Groover Southside at 4800 Belfort Road is its main location with infusion, liver and imaging centers and a Jacksonville Center for Endoscopy.

 

Be the first to know the latest breaking news and information that business leaders rely on in this fast-paced changing Northeast Florida economy. Regional business news, trends and statistics needed to grow your business. Key upcoming events you won’t want to miss and much more. Click Here to Grow your Business NOW!

Related Stories

Advertisement