Phoenix Arts & Innovation District seeking $5.5 million in city incentives

The nearly $38 million project would transform more than 8 acres in North Springfield.

Miami-based Future of Cities is developing the Phoenix Arts & Innovation District in North Springfield. Plans include affordable housing, innovation, markets, food trucks, events, green space and more.
Miami-based Future of Cities is developing the Phoenix Arts & Innovation District in North Springfield. Plans include affordable housing, innovation, markets, food trucks, events, green space and more.
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The city Office of Economic Development is requesting legislation for $5.5 million in incentives for the $37.94 million Phoenix Arts & Innovation District project in North Springfield.

The Mayor’s Budget Review Committee will consider the request at its 2 p.m. April 22 meeting in the mayor’s conference room on the fourth floor at City Hall, 117 W. Duval St. 

If the committee approves the request, the department can introduce legislation to the Jacksonville City Council that includes an Economic Development Agreement outlining the terms of the deal.

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