Jacksonville designing "intensive care" district

Saturday, September 14, 2002

Jacksonville is moving ahead with a new economic development progam, an "intensive care" business district (although they will not call it that). To be eligible for the new incentives (which have not been defined yet) projects would be scored on the basis of several critieria. The current list includes: creating high-wage jobs, defined by one measure as those paying at least $34,600 a year; diversifying the area's economic and tax base; making a significant capital investment; improving a blighted area; or helping revitalize downtown. The level of incentives would be tied to the scoring. The plan will not be finalized until about November. Learn more. Go

posted by Ed Morrison |

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