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CECIL COMMERCE CENTER UPDATE for the NORTHEAST FLORIDA ASSOCIATION of REALTORS.

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CECIL COMMERCE CENTER UPDATE for the NORTHEAST FLORIDA ASSOCIATION of REALTORS
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Page 1: CECIL COMMERCE CENTER UPDATE for the NORTHEAST FLORIDA ASSOCIATION of REALTORS.

CECIL COMMERCE CENTER UPDATEfor the NORTHEAST FLORIDA ASSOCIATION of REALTORS

Page 2: CECIL COMMERCE CENTER UPDATE for the NORTHEAST FLORIDA ASSOCIATION of REALTORS.

Cecil Commerce

Center

• 17,000 Acres

• Third longest runway in Florida

Page 3: CECIL COMMERCE CENTER UPDATE for the NORTHEAST FLORIDA ASSOCIATION of REALTORS.

Cecil Commerce CenterCurrent Uses

• Aviation-related/Cecil Field– Boeing, FlightStar, Homeland Security, NADEP, Coast Guard

• FCCJ – Cecil Center and Aviation Center of Excellence

• Recreation – Jacksonville Equestrian and Recreation Complex, other park areas, golf course

• Cecil Commerce Center North – preparing for development, roadways under construction

• JEA – Water treatment plant, well field, transmission stations

Page 4: CECIL COMMERCE CENTER UPDATE for the NORTHEAST FLORIDA ASSOCIATION of REALTORS.

Cecil Commerce CenterHistory

• July 1993: Closure announced/Cecil Field Development Commission established

• Feb. 1996: Final Base Reuse Plan approved

• July 1999 – April 2002: Property conveyed • JEDC – 8,312 acres• JAA – 6,081 acres• City of Jacksonville Parks –

2,190 acres• Clay County - 642 acres

Page 5: CECIL COMMERCE CENTER UPDATE for the NORTHEAST FLORIDA ASSOCIATION of REALTORS.

JEDC Development Objectives

• Diversify Jacksonville’s economy

• Create higher wage jobs

• Redevelopment of NAS Cecil Field

• Reuse themes• Maintain aviation aspects of CCC South• Stimulate economic

development• Focused accelerated

development

• Property management and marketing

Page 6: CECIL COMMERCE CENTER UPDATE for the NORTHEAST FLORIDA ASSOCIATION of REALTORS.

Why an Economic Development Asset?

• Location and size

• Site access

• Supporting multi-modal infrastructure

• Roadway and utility infrastructure investments

• Development readiness

• Available workforce

• All adds up - Creating jobs and expanding the tax base

Page 7: CECIL COMMERCE CENTER UPDATE for the NORTHEAST FLORIDA ASSOCIATION of REALTORS.

• Southwest Duval County

• 17 miles west of downtown

• 23 miles from the Dames Point Marine Terminal

• Adjacent to I-10

• 3 percent of Duval County land area – approximately 17,000 acres

LOCATION

Page 8: CECIL COMMERCE CENTER UPDATE for the NORTHEAST FLORIDA ASSOCIATION of REALTORS.

Cecil Commerce

Center North

Page 9: CECIL COMMERCE CENTER UPDATE for the NORTHEAST FLORIDA ASSOCIATION of REALTORS.

Cecil Commerce Center North

• First-generation developable land

• Flexible mid to large-scale parcels

• Adjacent to I-10

• Optimal for supply chain logistics and manufacturing

• New spine and arterial roads

• Underground utilities

• Adjacent to JEA regional water treatment plant and wellfield

Page 10: CECIL COMMERCE CENTER UPDATE for the NORTHEAST FLORIDA ASSOCIATION of REALTORS.

North Parcelization

Parcel

Gross Acreage

Net Acreag

e

N01 415.2 286.7

N02 325.7 227.2

N03 177.9 122.8

N04 48.6 29.7

N05 27.8 12.1

N06 18.9 13

N07 110.3 70.1

N09 302.8 197.8

N10 284.4 220.1

N11 186.1 144.9

N12 256.1 191.5

N13 51.3 27.4

N14 111.2 76

N15 198.5 133.5

Page 11: CECIL COMMERCE CENTER UPDATE for the NORTHEAST FLORIDA ASSOCIATION of REALTORS.

Cecil Commerce

Center South

Page 12: CECIL COMMERCE CENTER UPDATE for the NORTHEAST FLORIDA ASSOCIATION of REALTORS.

Cecil Commerce Center South

• Redevelopment of former Master Jet Base

• No wetland impacts

• Mid to large size sites available

• Optimal for aviation-related industries, manufacturing, supply chain logistics and commercial uses

• Adjacent to runway – leverage aviation infrastructure

• Some existing buildings for lease

Page 13: CECIL COMMERCE CENTER UPDATE for the NORTHEAST FLORIDA ASSOCIATION of REALTORS.

Parcel Gross Acreage Net Acreage

S01 113.5 113.5

S02 22.7 22.7

S03 22.1 22.1

S04 18.1 18.1

S05 29.2 29.2

S07 52.5 52.5

S08 20.4 20.4

S09 35.4 35.4

S13 15.3 15.3

S14 16.7 16.7

S15 48.9 48.9

S16 43 43

S17 40.1 40.1

S19 18.5 18.5

S20 7.3 7.3

S21 5.5 5.5

S22 11.7 11.7

S23 8 8

S24 12.4 12.4

S27 378.8 378.8

South Parcelization

Page 14: CECIL COMMERCE CENTER UPDATE for the NORTHEAST FLORIDA ASSOCIATION of REALTORS.

Existing Buildings For Lease

• Building 68 - 60,000 SF Combination warehouse/office

• Building 190 - 6,663 SF Office

• Building 198 - 8,122 SF Office space with small warehouse area

• Building 200 - 14,336 SF Office – 2,000SF available

• Building 808 - 46,800 SF Former Medical building

• Building 900 - 14,852 SF Office

• Building 905 - 24,247 SF Warehouse display area, with office space. Inside and outside storage

• Building 993 - 2,500 SF Freestanding restaurant site with drive thru

• Building 374 – 1,800 SF Office

Page 15: CECIL COMMERCE CENTER UPDATE for the NORTHEAST FLORIDA ASSOCIATION of REALTORS.

Drivers of Value

• Exceptional access

• Multi-modal infrastructure

• Port connections

• Roadway and utility

investments

• Development readiness

• Available workforce

Page 16: CECIL COMMERCE CENTER UPDATE for the NORTHEAST FLORIDA ASSOCIATION of REALTORS.

I-10 &US-301

I-10 &Branan Field-Chaffee Expy.

US-301 & Normandy Blvd.

I-10 &Chaffee Rd.

I-295 &Normandy

Blvd.

I-295 &103rd St.

Site Access

Page 17: CECIL COMMERCE CENTER UPDATE for the NORTHEAST FLORIDA ASSOCIATION of REALTORS.

Multi-modal Infrastructure

• Roadway• Adjacent to I-10, providing access to I-95 (17 miles east), I-

295 (8 miles east) and I-75 (50 miles west)• Normandy Blvd. proves access to U.S. 301(8 miles east)

• Rail• Existing rail bed may be reactivated and

served by CSX• Three rail lines serve Jacksonville - CSX,

Norfolk Southern and Florida East Coast

• Airport• Jacksonville International Airport: 20 miles• Cecil Field General Aviation Airport:

adjacent

Page 18: CECIL COMMERCE CENTER UPDATE for the NORTHEAST FLORIDA ASSOCIATION of REALTORS.

JAXPORT and Mitsui O.S.K Lines

• Mitsui O.S.K. Lines announced $200-million terminal to be completed by 2008

• Double the port’s container throughput by adding 700,000 new containers

• Increased interest in Jacksonville by other container lines and supply chain logistics operations

• Direct access to Asia

• CCC is the landside complement to JAXPORT

• CCC is 18 miles from Talleyrand and 23 miles from Dames point (Mitsui) terminal

Page 19: CECIL COMMERCE CENTER UPDATE for the NORTHEAST FLORIDA ASSOCIATION of REALTORS.

Roadway and Utility Infrastructure Investments

• More than $120 million invested in infrastructure

• Industrial scale utilities and roads

• Underground electric

• Existing master storm water system

• Adjacent JEA regional water treatment facility, well field and electrical substations

Page 20: CECIL COMMERCE CENTER UPDATE for the NORTHEAST FLORIDA ASSOCIATION of REALTORS.

Development Readiness

• Land is owned by the City of Jacksonville – fee simple sale

• Embedded PUD development rights

• Water management district conceptual permit issued

• No endangered species, no environmental issues, no archeological issues

• Access to City of Jacksonville extensive site information archives

Page 21: CECIL COMMERCE CENTER UPDATE for the NORTHEAST FLORIDA ASSOCIATION of REALTORS.

Available Workforce

• Companies targeted for Cecil Commerce Center area a good match with surrounding Westside workforce experience – manufacturing and supply chain logistics

• Highly productive Jacksonville workforce

• Many former military workers - skill sets needed by companies

Page 22: CECIL COMMERCE CENTER UPDATE for the NORTHEAST FLORIDA ASSOCIATION of REALTORS.

• 164,567 within 20 minutes

• 503,186 within 40 minutes

• 673,848 within 60 minutes

Workforce Availability

Page 23: CECIL COMMERCE CENTER UPDATE for the NORTHEAST FLORIDA ASSOCIATION of REALTORS.

How the JEDC Markets Cecil Commerce Center

• Increasing awareness among real estate brokers

• Website

• Relationships with site selection consultants

• Presentations

• Upcoming new collateral materials

• Upcoming industry trade shows

Page 24: CECIL COMMERCE CENTER UPDATE for the NORTHEAST FLORIDA ASSOCIATION of REALTORS.

Recent Developments

• Bridgestone/Firestone North America LLC – 250 new jobs, $44 million capital investment in CCC North

• Alenia North America, Inc., Boeing Integrated Defense Systems, L-3 Communications Integrated Systems and Global Military Aircraft Systems (GMAS) announced its intent to use Cecil Commerce Center as the final assembly and delivery center for its C-27J multi-mission cargo aircraft.

• FlightStar expansion – 150 new jobs

• FCCJ groundbreaking on a 130-acreregional center in CCC North and proposed expansion of the Aviation Center of Excellence in CCC South

Page 25: CECIL COMMERCE CENTER UPDATE for the NORTHEAST FLORIDA ASSOCIATION of REALTORS.

Vision for Cecil Commerce Center

• Premier Westside employment center

• Quality private development location for top local, national and international companies

• Land put to its highest and best use – providing higher-wage jobs and increasing the tax base

• A vital community asset fully supported by City government

Page 26: CECIL COMMERCE CENTER UPDATE for the NORTHEAST FLORIDA ASSOCIATION of REALTORS.

CECIL COMMERCE CENTER UPDATEfor the NORTHEAST FLORIDA ASSOCIATION of REALTORS


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