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Duval School Board Rejects Sale of Riverfront HQ, Nixes Baymeadows Purchase

Concerns over price structure, tax revenue, transparency, logistics drove the unanimous no votes.

Overview

  • The board voted 0–7 to decline Fleet Landing’s $20 million offer for 1701 Prudential Drive and to reject buying the Prominence Parkway building in Baymeadows.
  • Under the proposed sale, DCPS would have received $12.5 million at closing and $7.5 million three years later, a structure members said would force borrowing without interest on the delayed payment.
  • Fleet Landing’s nonprofit status raised worries about losing future property tax revenue from the high-profile Southbank site.
  • Several members criticized the process after not seeing all offers and with public records requests for bids and scoring still unfulfilled; Jacksonville Today reported a revised $17.2 million offer from Chase Properties surfaced late.
  • Trustees also flagged operational issues at the Baymeadows site, including a $42,000 annual POA fee and no natural space for board meetings, and the superintendent said new recommendations will be presented to the board next week while the HQ remains on the Southbank.