Newspaper article The Florida Times Union

Delivering FedEx to Westside Developers Want City's Help with Project Expenses

Newspaper article The Florida Times Union

Delivering FedEx to Westside Developers Want City's Help with Project Expenses

Article excerpt

Developers who want to package a Westside deal for Federal

Express Corp. are asking the city's help in wrapping it up.

N.G. Wade Investment Co. executive Clif Byrd said he has asked

the city to help cover costs to extend water and sewerage

infrastructure to a West Jacksonville site that has caught the

interest of Federal Express.

"We're asking the city for any help they can give," Byrd said.

Byrd said the company would like the city to handle the

expenses of providing the infrastructure, which would help the

Wade group package a more favorable financial deal to lure

Federal Express.

Jacksonville Economic Development Commission spokeswoman Gail

Staggard said the city has talked with Byrd and was reviewing

what assistance it might provide through the Jacksonville

Electric Authority, which handles the city's utilities.

"We are working with them, expediting their sewer hook-up with

the JEA. It's just in the discussion phase," Staggard said.

JEA spokesman Clyde Montgomery said utility officials stand

ready to assist "in any way we can to provide the services, both

water and sewer."

Staggard said the project would retain existing jobs and create

new jobs.

Memphis-based Federal Express already is building a new city

station along Salisbury Road in South Jacksonville. The $3

million, 105,866-square-foot station along Salisbury Road is

expected to be completed this month.

That Southpoint project will replace a smaller station on

nearby Spring Park Road. A Federal Express official said last

fall that about 260 employees now work at the city station and

another 20 to 30 would be added to the expanded center.

Federal Express also has expanded its Jacksonville

International Airport cargo center to almost 100,000 square

feet,

Federal Express officials in Memphis did not comment.

The Wade group now proposes to develop a 95,440-square-foot

warehouse center on 6. …

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