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Clay County Business News

Find out the latest announcements and happenings around Clay County.

Incubating a Startup Scene: Creating a Vibrant Atmosphere for Tech and Biotech Firms to Grow in Jacksonville

When Jim Stallings founded PS27 Ventures five years ago after retiring from IBM, his goal was simply to invest in and support local companies. Today, his incubator supports eight to 10 companies and employs full-time staff to help those companies vet their ideas, mature their product offerings, find new customers and more. “Five years ago, I wasn’t thinking that it would be like this, but it’s really evolved,” said Stallings. Though PS27’s days as the only incubator in town are numbered, it’s not worried about finding companies in the future. With a full pipeline of companies looking to enter its program – including several from outside of Northeast Florida – PS27 is quadrupling its footprint so it can support more startups at a time.
Jax Council Passes Major Economic Incentive Packages for Downtown, Industrial Development

Jax Council Passes Major Economic Incentive Packages for Downtown, Industrial Development

Four major economic development projects passed final legislative hurdle at Tuesday's City Council meeting. Two of those - Project Glass and Project Empire - could be the deciding factor in whether two companies decide to open distribution centers in west Jacksonville. The other two - the Jones Brothers Furniture Building and an eight-story apartment complex planned on the Southbank - could bring dozens of new residents downtown.
Charlotte-based Company Acquires Orange Park Office Complex

Charlotte-based Company Acquires Orange Park Office Complex

Charlotte-based Lat Purser & Associates has purchased a four-building office complex in Orange Park for $6.7 million. Wells Lake Commerce Center, located near the I-295 and U.S. 17 interchange at 320-350 Corporate Way, was developed in 1999. The buildings comprise 52,620 square feet of office space.
Utility Expansion to Support First Coast Expressway

Utility Expansion to Support First Coast Expressway

Clay County will soon be home to an advanced water treatment facility that, when complete, will treat up to 3 million gallons of water per day for the center of the county and help meet the needs of future expected growth from the First Coast Expressway. Located off Sandridge Road near Ronnie Van Zant Park, and aptly called the Mid-Clay Wastewater Treatment Facility, Clay County Utility Authority officials said the first phase of the $18.5 million project is about 40 percent complete. When phase one goes online, or in CCUA terms, is commissioned, the facility will treat 600,000 gallons of water per day. Phase one of the facility can handle another 2,900 homes, which would bring the total gallons of water treated per day to 1.5 million.
Aundra Wallace Named President of JAXUSA Partnership

Aundra Wallace Named President of JAXUSA Partnership

Aundra Wallace will be the next president of JAXUSA Partnership, the economic development arm of JAX Chamber. JAXUSA is a private, nonprofit division of the Chamber that oversees economic development in Northeast Florida, working with regional and state partners to create jobs and generate investment.
Solar Farm Set for South of the City of Green Cove Springs

Solar Farm Set for South of the City of Green Cove Springs

A 425 acre Magnolia Springs Solar Energy Center is proposed for south of Green Cove Springs. Florida Power and Light has purchased the large parcel of land near Leno Road and Haller Airpark. Construction of the project will produce 200 to 300 local jobs for the 7 to 9 months construction period.