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JACKSONVILLE
Record & Observer Council approves gas tax increase
RESIDENTIAL REAL ESTATE ISSUE JACKSONVILLE
RELOCATIONS DRIVE Record & Observer ‘UNBELIEVABLE’ YEAR
The money will be used for $1 billion in projects including roads, the Emerald Trail and modernizing the Skyway.
JACKSONVILLE
Record & Observer BY MIKE MENDENHALL STAFF WRITER
A model home in the The Pineapple Corporation’s The Vista at Twenty Mile in Nocatee.
JACKSONVILLE
The Jacksonville City Council approved a 6-cent per gallon increase and extension to Duval County’s local option gas tax and a companion bill to boost funding to remove failing septic tanks in underserved neighborhoods. The Council voted 14-5 on May 26 to approve Ordinance 2021-223 that will increase the gas tax to 12 cents, starting Jan. 1, to complete nearly $1 billion in road, drainage and other infrastructure needs. The bill splits the additional 6 cents and the project list between the city and the Jacksonville Transportation Authority. The tax proceeds include $132 million for the 30-mile Emerald Trail. Council rejected Council member Randy DeFoor’s amendment to remove the $247 million for the JTA Downtown Skyway modernization. Mayor Lenny Curry, Council President Tommy Hazouri and JTA branded the tax increase as the Jobs for Jax program, stating it would create 7,640 construction jobs. Council members Rory Diamond, Danny Becton, LeAnna Cumber, Al Ferraro and DeFoor voted against the tax increase. The $100 million septic tank financing was approved 18-0.
Record & Observer
Pineapple Corporation President Spencer Calvert says out-of-state buyers are finding the Nocatee homes that sell for more than $1 million “very attractive.” BY KATIE GARWOOD STAFF WRITER
T
hanks to a surge in out-of-state buyers, custom luxury homebuilder The Pineapple Corporation’s The Vista at Twenty Mile in Nocatee has sold more houses so far in 2021 than it did all of last year. Pineapple Corporation President Spencer Calvert said interest in the community off of 20 Mile Road in Northeast Nocatee has been “unbelieveable” this year. “Right now a big push is from folks relocating SEE PINEAPPLE, PAGE 4
Photos by Katie Garwood
The Pineapple Corporation President Spencer Calvert says that “most of the people that are relocating from outside the area think it’s a heck of a deal. A lot of house and a great value.”
SUPPLIES TIGHT
NEW LEADERSHIP
TOP SALES
According to the Northeast Florida Association of Realtors, there was a 1.2-month supply of homes in April compared with 3.6 months in the same period last year.
Christy Budnick now leads HSF Affiliates, the global network of Berkshire Hathaway HomeServices and Real Living Real Estate brokerage franchises with nearly 50,000 real estate agents.
The top 10 residential real estate sales for the past week in Northeast Florida.
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RiversEdge is the new name for Southbank development PAGE 2 THE DAILY BRIEF Don’t miss a story. Subscribe to the Daily Brief and we’ll send our top news to you Monday-Friday morning via email. To sign up, visit JaxDailyRecord.com and look for the “Sign up” box, enter your email and you’ll be set.
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MMENDENHALL@ JAXDAILYRECORD.COM @MIMENDENHALL (904) 356-2466
THE BASCH REPORT
Fidelity’s Foley investing in online gambling company Plus: Sales surge at Shoe Carnival. PAGE 8 VOLUME 3, NO. 52 • ONE SECTION