Jacksonville Business News
BUSINESS NEWS
Star Catcher Industries Launches Power Beaming Technology in Jacksonville
News Summary Star Catcher Industries has made significant strides in aerospace innovation by successfully demonstrating its power beaming technology at EverBank Stadium in Jacksonville. The company transmitted solar energy over...
Nw Jacksonville Welcomes New Circle K Locations
News Summary Nw Jacksonville is set to see two new Circle K gas stations along Lem Turner Road, providing easy access for local residents and commuters. The proposed sites, 3.5...
Brentwood Community Protests Jacksonville’s Business Plans
News Summary Residents of Brentwood, Jacksonville are expressing outrage over the city’s decision to convert a local building into a Small Business Center. Initially proposed as a liquor store, the...
Brentwood Residents Stand Up for Community Space
News Summary Residents of Brentwood, Jacksonville, are protesting against a city decision to convert a community property into a business hub. The community feels blindsided after initial promises for development....
Jacksonville Welcomes Crescent 9 THC Seltzer
News Summary In 2023, Jacksonville’s social drinking landscape transformed with the introduction of Crescent 9 THC Seltzer. This innovative beverage offers a refreshing alternative to alcohol, quickly gaining popularity among...
Jacksonville Welcomes New Emergency Pet Care Facility
News Summary Jacksonville is set to enhance its pet care services with the grand opening of a Veterinary Emergency Group (VEG) facility on January 30, 2025. Located at 4507 Town...
Jacksonville City Council Considers Food Truck Ban at Gas Stations
News Summary The Jacksonville City Council is weighing a proposal to ban food trucks from operating at gas stations due to safety concerns. The ordinance proposed by City Councilmember Joe...
Warehouse Expansion Planned for Jacksonville
News Summary Jacksonville is set for a major warehouse expansion, with Rooker planning to develop over 400,000 square feet of Class A warehouse space. The project will utilize 89 acres...
Jacksonville Residents Brace for Potential Utility Rate Hikes
News Summary Jacksonville is facing potential utility rate hikes as the JEA Board of Directors meets to vote on proposed increases to electricity, water, and wastewater rates. If approved, the...
Finance
Jacksonville Residents Brace for Potential Utility Rate Hikes
News Summary Jacksonville is facing potential utility rate hikes as the JEA Board of Directors meets to vote on proposed increases to electricity, water, and wastewater rates. If approved, the...
Clearlake Capital Group Acquires Dun & Bradstreet for $7.7 Billion
News Summary In a major move for Santa Monica, Clearlake Capital Group L.P. has announced their plans to acquire Dun & Bradstreet Holdings Inc. in a deal valued at $7.7...
Jacksonville Faces Job Cuts as Major Companies Announce Layoffs
News Summary Jacksonville is facing significant job cuts as Wells Fargo and GuideWell announce layoffs affecting employees in the area. Wells Fargo will cut 90 jobs while GuideWell plans a...
Jacksonville Residents Celebrate Drop in Cost of Living
News Summary A recent study indicates that the cost of living in Jacksonville has decreased below pre-COVID levels, providing relief to residents amid rising prices. The annual total cost of...
Jacksonville Launches Initiative to Support Small Businesses
News Summary The JAX Chamber has unveiled an Access to Capital initiative aimed at bolstering the financial support landscape for small businesses in Jacksonville. This initiative, part of the JAX...
Major Layoffs Hit Wells Fargo in Jacksonville
News Summary Wells Fargo has announced a significant workforce reduction in Jacksonville, laying off 90 employees as part of changes in its Global Payments and Liquidity business unit. The layoffs...
Meet Jacksonville’s Young Financial Whiz: Cameron Marshall
News Summary Cameron Marshall, a 17-year-old entrepreneur from Jacksonville, has been making strides in finance since he was nine. He authored ‘Street Cents’ to empower teens with financial literacy. Supported...
Jacksonville Residents Brace for Upcoming Electric Rate Increases
News Summary Residents and local businesses in Jacksonville are gearing up for significant utility rate hikes proposed by the JEA Board of Directors. Starting in April 2025, small commercial utility...
RJ Cyler Embraces Jacksonville Roots in ‘Freedom’s Path’
News Summary RJ Cyler II, a rising star from Jacksonville, Florida, shares his journey from local talent to Hollywood actor. With his latest film ‘Freedom’s Path’ set to release on...
CONSTRUCTION
Jacksonville Expands with New Amazon Warehouse Facility
News Summary Amazon is set to open a new 260,970 square foot warehouse in Jacksonville, bringing faster delivery services and job opportunities to the local community. This marks the company’s...
Downtown Jacksonville’s Gateway Jax Development Begins
News Summary The Gateway Jax development is set to transform downtown Jacksonville, starting with Block N11, which will feature 205 apartments and retail space. With a $2 billion investment over...
Gateway Jax Development Begins in Downtown Jacksonville
News Summary Construction has commenced on the Gateway Jax development project in Downtown Jacksonville, set to invest over $2 billion in revitalizing more than 30 acres. Led by Bryan Moll,...
EMCOR Group to Acquire Miller Electric Company
News Summary EMCOR Group is set to acquire Miller Electric Company for $865 million, enhancing its position in the electrical contracting industry. With Miller Electric’s rich legacy and expertise in...
Walmart Supercenter and Gas Station Coming to Jacksonville
News Summary Walmart is set to open a new supercenter and gas station in southwest Jacksonville, creating a new shopping hub. The project includes a liquor store, parking space for...
Jacksonville Surf Park Gains Final City Council Approval
News Summary The Jacksonville Surf Park has received final approval from the City Council, allowing construction to start in 2026. This new surf park, located on a 55.27-acre site at...
Jacksonville City Council Approves 1,435 Multifamily Units
News Summary The Jacksonville City Council unanimously approved the development of 1,435 multifamily units at Prominence Office Park, addressing the city’s housing demands. This significant resolution, passed on February 25,...
Major Industrial Development Planned in Jacksonville
News Summary Jacksonville is set to welcome a new industrial space development by Becknell Industrial, aiming to build 1.2 million square feet at Westlake Industrial Park. This significant project is...
Jacksonville Celebrates Major Development Decision
News Summary Jacksonville is set to witness a remarkable transformation as the City Council has approved a plan to convert 1,003 acres of timberland into a diverse mixed-use development. This...
Marketing
Jacksonville Transportation Authority Welcomes New Leader
News Summary The Jacksonville Transportation Authority (JTA) has appointed Andrew C. Rodgers as its new Vice President – Chief Infrastructure Officer. With extensive experience in the region, Rodgers will oversee...
Jacksonville International Airport Expands Flight Offerings
News Summary Jacksonville International Airport (JIA) is expanding its flight offerings to meet growing passenger demand. This includes new domestic destinations such as Kansas City, as well as international routes...
Real Estate
Warehouse Expansion Planned for Jacksonville
News Summary Jacksonville is set for a major warehouse expansion, with Rooker planning to develop over 400,000 square feet of Class A warehouse space. The project will utilize 89 acres...
Jacksonville Faces Job Cuts as Major Companies Announce Layoffs
News Summary Jacksonville is facing significant job cuts as Wells Fargo and GuideWell announce layoffs affecting employees in the area. Wells Fargo will cut 90 jobs while GuideWell plans a...
Jacksonville Community Land Trust Secures Grant for Housing
News Summary The Jacksonville Community Land Trust (JCLT) has received a $6,000 grant from the American Land Title Association to promote affordable housing for low- and moderate-income families. This funding...
Jacksonville’s Downtown Transformation Welcomes New Residents
News Summary Jacksonville is undergoing a remarkable transformation, with plans to welcome 10,000 new residents to its downtown area. Currently, 7,653 people reside in this vibrant urban hub, which is...
The Rich History of Jacksonville’s Handy Dandy
News Summary Discover the intriguing tale of the Handy Dandy, a historic building in Jacksonville that transitioned from a bustling store in 1925 to a charming bed and breakfast. With...
Jacksonville Council Pauses Purchase of Interline Building for UF Campus
News Summary The Jacksonville City Council Committee has delayed the purchase of the Interline Brands Inc. building, crucial for the University of Florida’s new graduate campus. The postponement is to...
Jacksonville Residents Celebrate Drop in Cost of Living
News Summary A recent study indicates that the cost of living in Jacksonville has decreased below pre-COVID levels, providing relief to residents amid rising prices. The annual total cost of...
PDS Health Leases New Properties in Jacksonville
News Summary PDS Health has announced the leasing of two newly acquired properties in Jacksonville as part of a broader investment strategy by Covenant Real Estate Group. The locations include...
New Warehouses and Airport Commerce Center to Boost North Jacksonville
News Summary North Jacksonville is set for significant growth with plans for two massive warehouses and an Airport Commerce Center. The projects will reshape the area, creating jobs and enhancing...
