The Jacksonville Aviation Authority board voted 7-0 on Aug. 7 to approve a 30-year ground lease for the proposed development of industrial space near Jacksonville International Airport.
The lease is with Kansas City, Missouri-based VanTrust Real Estate through VTRE LLC for about 75 acres of JAA property about 2 miles south of the airport and north of an Amazon distribution center.
In April, VanTrust filed plans to develop JAA property for an unidentified large-scale project. It was called Project Viginiti, which is Latin for 20, in a St. Johns River Water Management District environmental resource permit application started April 7.