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CECIL COMMERCE CENTER UPDATE for the NORTHEAST FLORIDA ASSOCIATION of REALTORS.

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Presentation on theme: "CECIL COMMERCE CENTER UPDATE for the NORTHEAST FLORIDA ASSOCIATION of REALTORS."— Presentation transcript:

1 CECIL COMMERCE CENTER UPDATE for the NORTHEAST FLORIDA ASSOCIATION of REALTORS

2 Cecil Commerce Center 17,000 Acres Third longest runway in Florida

3 Cecil Commerce Center Current Uses Aviation-related/Cecil Field– Boeing, FlightStar, Homeland Security, NADEP, Coast Guard FCCJ – Cecil Center and Aviation Center of Excellence Recreation – Jacksonville Equestrian and Recreation Complex, other park areas, golf course Cecil Commerce Center North – preparing for development, roadways under construction JEA – Water treatment plant, well field, transmission stations

4 Cecil Commerce Center History July 1993: Closure announced/Cecil Field Development Commission established Feb. 1996: Final Base Reuse Plan approved July 1999 – April 2002: Property conveyed JEDC – 8,312 acres JAA – 6,081 acres City of Jacksonville Parks – 2,190 acres Clay County acres

5 JEDC Development Objectives Diversify Jacksonvilles economy Create higher wage jobs Redevelopment of NAS Cecil Field Reuse themes Maintain aviation aspects of CCC South Stimulate economic development Focused accelerated development Property management and marketing

6 Why an Economic Development Asset? Location and size Site access Supporting multi-modal infrastructure Roadway and utility infrastructure investments Development readiness Available workforce All adds up - Creating jobs and expanding the tax base

7 Southwest Duval County 17 miles west of downtown 23 miles from the Dames Point Marine Terminal Adjacent to I-10 3 percent of Duval County land area – approximately 17,000 acres LOCATION

8 Cecil Commerce Center North

9 First-generation developable land Flexible mid to large-scale parcels Adjacent to I-10 Optimal for supply chain logistics and manufacturing New spine and arterial roads Underground utilities Adjacent to JEA regional water treatment plant and wellfield

10 North Parcelization ParcelGross AcreageNet Acreage N N N N N N N N N N N N N N

11 Cecil Commerce Center South

12 Redevelopment of former Master Jet Base No wetland impacts Mid to large size sites available Optimal for aviation-related industries, manufacturing, supply chain logistics and commercial uses Adjacent to runway – leverage aviation infrastructure Some existing buildings for lease

13 ParcelGross AcreageNet Acreage S S S S S S S S S S S S1643 S S S207.3 S215.5 S S2388 S S South Parcelization

14 Existing Buildings For Lease Building ,000 SF Combination warehouse/office Building ,663 SF Office Building ,122 SF Office space with small warehouse area Building ,336 SF Office – 2,000SF available Building ,800 SF Former Medical building Building ,852 SF Office Building ,247 SF Warehouse display area, with office space. Inside and outside storage Building ,500 SF Freestanding restaurant site with drive thru Building 374 – 1,800 SF Office

15 Drivers of Value Exceptional access Multi-modal infrastructure Port connections Roadway and utility investments Development readiness Available workforce

16 I-10 & US-301 I-10 & Branan Field-Chaffee Expy. US-301 & Normandy Blvd. I-10 & Chaffee Rd. I-295 & Normandy Blvd. I-295 & 103rd St. Site Access

17 Multi-modal Infrastructure Roadway Adjacent to I-10, providing access to I-95 (17 miles east), I- 295 (8 miles east) and I-75 (50 miles west) Normandy Blvd. proves access to U.S. 301(8 miles east) Rail Existing rail bed may be reactivated and served by CSX Three rail lines serve Jacksonville - CSX, Norfolk Southern and Florida East Coast Airport Jacksonville International Airport: 20 miles Cecil Field General Aviation Airport: adjacent

18 JAXPORT and Mitsui O.S.K Lines Mitsui O.S.K. Lines announced $200-million terminal to be completed by 2008 Double the ports container throughput by adding 700,000 new containers Increased interest in Jacksonville by other container lines and supply chain logistics operations Direct access to Asia CCC is the landside complement to JAXPORT CCC is 18 miles from Talleyrand and 23 miles from Dames point (Mitsui) terminal

19 Roadway and Utility Infrastructure Investments More than $120 million invested in infrastructure Industrial scale utilities and roads Underground electric Existing master storm water system Adjacent JEA regional water treatment facility, well field and electrical substations

20 Development Readiness Land is owned by the City of Jacksonville – fee simple sale Embedded PUD development rights Water management district conceptual permit issued No endangered species, no environmental issues, no archeological issues Access to City of Jacksonville extensive site information archives

21 Available Workforce Companies targeted for Cecil Commerce Center area a good match with surrounding Westside workforce experience – manufacturing and supply chain logistics Highly productive Jacksonville workforce Many former military workers - skill sets needed by companies

22 164,567 within 20 minutes 503,186 within 40 minutes 673,848 within 60 minutes Workforce Availability

23 How the JEDC Markets Cecil Commerce Center Increasing awareness among real estate brokers Website Relationships with site selection consultants Presentations Upcoming new collateral materials Upcoming industry trade shows

24 Recent Developments Bridgestone/Firestone North America LLC – 250 new jobs, $44 million capital investment in CCC North Alenia North America, Inc., Boeing Integrated Defense Systems, L-3 Communications Integrated Systems and Global Military Aircraft Systems (GMAS) announced its intent to use Cecil Commerce Center as the final assembly and delivery center for its C-27J multi-mission cargo aircraft. FlightStar expansion – 150 new jobs FCCJ groundbreaking on a 130-acre regional center in CCC North and proposed expansion of the Aviation Center of Excellence in CCC South

25 Vision for Cecil Commerce Center Premier Westside employment center Quality private development location for top local, national and international companies Land put to its highest and best use – providing higher-wage jobs and increasing the tax base A vital community asset fully supported by City government

26 CECIL COMMERCE CENTER UPDATE for the NORTHEAST FLORIDA ASSOCIATION of REALTORS


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