Mayor Alvin Brown has created a plan to inject $11 million this year into both Downtown revitalization and job-creating economic improvements across Jacksonville. The mayor committed to investing $9 million in order to leverage private investment that will improve Downtown. An additional $2 million is slated for economic expansion throughout the city.
The investments, which are subject to City Council approval, result from a successful round of debt refinancing at the direction of the Brown Administration. The mayor announced the savings will be reinvested in projects with private-sector investment that invigorate Downtown and elevate the Jacksonville economy. Read more