Fleet Landing’s tower incentive clears DIA, Fanatics hits $14 billion a year, and Carvana’s megasite gets a $10 million permit

Fleet Landing’s Northbank tower incentive clears DIAThe Downtown Investment Authority board voted 7 to 0 on Oct. 21 for a $49.27 million, 20 year property tax rebate for Fleet Landing Riverside, a proposed 31 story retirement community at 111 Riverside Ave., the former Haskell headquarters. The deal has no completion grant, requires Fleet Landing to reinvest at least 133% of its tax savings in years 10 through 20, and still needs City Council approval. Fleet Landing says the tower will create more than 130 full time jobs. Source: Jax Daily Record, Oct. 21, 2026

Fanatics is now a $14 billion a year companyCEO Michael Rubin told CNBC on Oct. 14 that the merchandise business will top $7 billion this year and collectibles will reach $5.5 billion, with those profits funding a push into sports betting, where Fanatics has about 10% of the market. The company started with one store in the Orange Park Mall in 1995 and still keeps a large operation at 8100 Nations Way on the Southside. Source: Jax Daily Record, Oct. 22, 2026

Carvana’s Dinsmore megasite gets a $10 million building permitThe city issued a permit Oct. 21 for a 74,400 square foot building for reconditioning, detailing, painting and photographing used cars at Carvana’s ADESA auction property at 11700 New Kings Road. The city puts total site improvements so far at $32 million. Carvana has not commented on the site, but a similar project in Orlando created 100 jobs. Source: Jax Daily Record, Oct. 21, 2026

Oak Steakhouse wins a $400,000 forgivable loanThe DIA board voted 7 to 0 on Oct. 21 for the no interest loan, which is forgiven over five years as long as the restaurant keeps operating and spends at least $2.31 million on its build out. Oak plans to open at The Greenleaf building at Laura and Adams streets, the former Jacobs Jewelers space, with 70 full and part time employees. Source: Jax Daily Record, Oct. 21, 2026

Old Duval Laundry building in Springfield moves toward a mixed use makeoverThe City Council’s Land Use and Zoning Committee voted 7 to 0 to rezone 1905 Walnut St. so it can hold seven to 12 retail, restaurant and office tenants plus coworking and event space. The committee barred live music or amplified sound from midnight to 9 a.m., and the full Council votes Oct. 27. Source: Jax Daily Record, Oct. 21, 2026

Toll adds 22 lots at EverRange among the week’s top commercial salesToll Southeast LP Co. bought 22 residential lots in Sagebrush at EverRange on Endeavor Drive, and Vallencourt New Berlin LLC bought a 15,332 square foot industrial building on 6.59 acres at 12235 New Berlin Road. Other deals include a Tropical Smoothie Cafe at 1290 Dunn Ave. and a 20 unit Riverside apartment building at Rubel and College streets. Source: Jax Daily Record, Oct. 22, 2026

Dutch Bros gets a permit near Queen’s HarbourThe city issued a permit Oct. 20 for a $1.3 million, 986 square foot coffee kiosk with two drive thru lanes and a walk up window at 13475 Atlantic Blvd. in the Harbour Village shopping center. Dutch Bros has five area kiosks so far, with at least a dozen more possible sites identified in Clay, Duval, Nassau and St. Johns counties. Source: Jax Daily Record, Oct. 21, 2026

Community First Credit Union opens at the old Edgewood Bakery site in DecemberThe Murray Hill branch at 1012 Edgewood Ave. S. is set to open in mid December with seven employees. A public pocket park and a permanent food truck run by Arble Baking Co. are expected in January, along with a community room for 49 people. Source: Jax Daily Record, Oct. 21, 2026

How JTA got hereA Daily Record explainer walks through the transit authority’s money troubles: a $39 million shortfall in its fiscal 2027 budget, up to 194 layoffs from its 846 employees, and a Skyway suspension starting Nov. 2 that is meant to save $10 million. Source: Jax Daily Record, Oct. 22, 2026