Approval of Commercial Marina Lease at Submerged Lands

Original title: ORD Apv, & Auth the Mayor, or Her Desig, & the Corp Sec to Execute & Deliver, for & on Behalf of the City, That Certain Sovereignty Submerged Lands Lease (Bot File No. 164301902) btwn the City, Elements Development of Jacksonville, LLC, & Dist CDD & the Brd of Trustees of the Internal Improvement Trust Fund of the State of FL for Construction & Operation of a 125-Slip Commercial Marina Docking Facility Including 1 Slip Designated for Water Taxi Usage & a Kayak Launch, to Be Used Exclusively for the Mooring of Recreational Vessels, in Conjunction with an Upland Commercial Mixed Use Dev, for a Lease Term Exp on 12/17/34, with an Initial Annual Lease Fee of $62,665.68, & a 25% Surcharge, Plus Sales Tax, as Applicable, for the 452,243 sq ft Revenue Generating Lease Area, Subj to Annual Adjustments to the Lease Fee Thereafter in Accordance with Rule 18 21.011, FL Admin Code; Prov Further Authorizations; Prov for Oversight of Execution & Recording of the Lease by the Real Estate Div of the Dept of PW & Oversight of the Lease & Docking Facility by the Parks, Recreation & Community Svcs Dept Thereafter; Req Emerg Passage Upon Introduction (Wilson) (Introduced by CM J. Carlucci) 5/26/26 CO Introduced: NCSPHS, F 5/26/26 CO Emergency/Approve 18-0 Public Hearing Pursuant to Ch 166, F.S. & C.R. 3.601 - 6/9/26

Record date · May 26, 2026

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What This Bill Does

The City Council has approved a lease agreement for the construction and operation of a 125-slip commercial marina. The project includes a water taxi slip and kayak launch, and will be managed in conjunction with a nearby mixed-use development.

Why it matters

The city is entering a long-term lease for 452,243 square feet of submerged land, requiring an initial annual payment of $62,665.68 plus surcharges to the state, with oversight responsibilities assigned to the city's Parks and Real Estate departments.

Who It Affects

Groups the bill's text affects, as described in the record. Being affected is not a position for or against it.

Directly affected

Elements Development of Jacksonville, LLC

The company is a party to the lease agreement and is authorized to construct and operate the marina.

Directly affected

City of Jacksonville

The city is a party to the lease and assumes responsibility for oversight and management of the facility.

Key Facts

You don't have to trust us. Each fact below is taken straight from the official document - click any one to see the exact passage, highlighted in the original.