An illustration of the Fleet Landing tower at the site of the former Haskell headquarters in Brooklyn.An illustration of the Fleet Landing tower at the site of the former Haskell headquarters in Brooklyn.
An illustration of the Fleet Landing tower at the site of the former Haskell headquarters in Brooklyn. | Gensler

Northbank senior tower considered for $49.27M in tax rebates

Published on October 16, 2026 at 2:15 pm
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Fleet Landing’s proposed 31-story retirement tower on Downtown Jacksonville’s Northbank is under consideration for up to $49.27 million in tax incentives, with the Downtown Investment Authority’s board set to consider the proposal Wednesday.

The incentives would come in a 20-year, 75% Recapture Enhanced Value Grant, according incentive Resolution 2026-10-02. A REV grant is a refund on ad valorem tax revenue generated by a new development or property enhancement. It can apply to property and tangible personal property.

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The measure would be subject to a final approval or denial by City Council. 


Read the rest of this story at the Jacksonville Daily Record, a Jacksonville Today news partner.