City Council is considering agreements for three industrial projects that involve almost 1 million square feet of development space.
• Ordinance 2012-32 would approve a fair share assessment application and contract between the City and N.G. Wade Investment Co. for a project called “Pickett Park Light Industrial: Tract IV,” consisting of 715,000 square feet of general light industrial uses on about 62 acres along Pickettville Road between Commonwealth Avenue and West 12th Street.
An executive was not immediately available to comment.
• Ordinance 2011-762 would approve a development agreement between the City and The American Bottling Co. for Southeast-Atlantic Beverage, 7UP Snapple Southeast, consisting of about 18.5 acres at 6045 Bowdendale Ave. for 244,000 square feet of warehouse uses.
Duval County property records show the site, listed as Canada Dry Bottling Co., was developed in 1978 and is used as a bottler and cannery. Records show an existing structure of 100,606 square feet.
State corporate records show that The American Bottling Co. merged with Southeast-Atlantic Beverage Corp. effective Jan. 1, 2009, and that the merger plan was adopted by both companies on Dec. 2, 2008.
Bloomberg BusinessWeek reports in a company overview that Southeast-Atlantic Beverage makes and distributes carbonated and noncarbonated soft drinks and operates beverage bottling and canning plants and distribution centers in Florida and Georgia.
It was founded in 1939 and headquartered in Jacksonville. Bloomberg reports it became a subsidiary of The American Bottling Co. in 2007.
A company executive did not return a phone call for comment.
• Ordinance 2012-30 would approve a development agreement between the City and Southeastern Freight Lines Inc. for the “Produce Terminal of Jax,” consisting of about 32 acres at 3335 Edgewood Ave. N. for 40,000 square feet of warehouse uses.
A Southeastern Freight Lines executive in Columbia, S.C., headquarters did not return a phone call for comment.
356-2466