![\"\"](\"https:\/\/www.europesays.com\/us\/wp-content\/uploads\/2025\/08\/Tyson_plant_3_t850.jpeg\" "\\"The")
<\/p>\nJacksonville City Council voted 16-1 on Aug. 26 to provide up to $800,000 in city incentives for a company code-named Project Pan to establish a meat processing operation in Northwest Jacksonville.\u00a0<\/p>\n
Council member Rory Diamond voted against the legislation, and members Jimmy Peluso and Terrance Freeman were absent.<\/p>\n
Resolution 2025-0607 and supporting city documents identify Project Pan as an international meat processor interested in investing $28 million into a vacant facility. Based on an independent comparison, the facility as described in city documents matches the vacant former Tyson Foods Inc. plant at 5441 W. Fifth St..<\/p>\n
Under a development agreement between the city and the company, the incentives comprise a six-year, 50% Recapture Enhanced Value Grant.<\/p>\n
A REV grant is a refund on ad valorem tax revenue generated by a new development or property enhancement. It can apply to property and tangible personal property.<\/p>\n
In return for the public funding, the company would build-out the 50,000-square-foot facility, where it would create up to 100 new jobs within the first three years of operations.<\/p>\n
Those jobs would pay an annual wage of $59,211 plus a benefits package equal to about $16,000 per employee, a staff report on the legislation states. According to an amendment added to the legislation, the REV grant would be terminated if the company does not create 10 jobs by 2029.<\/p>\n
<\/p>\n
The Tyson Foods Inc. plant in Northwest Jacksonville at 5441 W. Fifth St. closed in January 2024, cutting 219 jobs.<\/p>\n
Colliers<\/p>\n
Project Pan matches closed Tyson plant<\/strong><\/p>\n According to a report from the Office of Economic Development, the company plans to build-out the vacant facility. Construction would begin by Dec. 31, with completion in late 2027, according to the resolution.\u00a0<\/p>\n The OED says Project Pan is considering:<\/p>\n \u2022 A site in Northwest Jacksonville.<\/p>\n \u2022 A site in a designated Brownfield Redevelopment Area and a Level 1 Distressed Area.<\/p>\n \u2022 An existing, vacant, single-story concrete block manufacturing plant.<\/p>\n \u2022 A building that has about 50,000 square feet of production space.<\/p>\n \u2022 A vacant refrigerated warehouse built in 1974.<\/p>\n The closed Tyson property at 5441 W. Fifth St. is:<\/p>\n \u2022 In Northwest Jacksonville.<\/p>\n \u2022 In a Brownfield Redevelopment Area.<\/p>\n \u2022 An existing, vacant, single-story precast concrete tilt-wall manufacturing plant that the Duval County Property Appraiser says is reinforced concrete.<\/p>\n \u2022 A 45,873-square-foot building.<\/p>\n \u2022 The vacant processing and cold storage plant was built in 1974 and renovated in 2013.<\/p>\n 1 million pounds of product<\/strong><\/p>\n According to the OED report, the facility would produce 1 million pounds of finished product weekly.\u00a0<\/p>\n Ed Randolph, the city\u2019s executive director of economic development, said Project Pan would bring in meat products from overseas and would be a heavy port user. He said Jacksonville is competing for the plant with Savannah, Georgia, which also provides port access.\u00a0<\/p>\n Economic development agreements often use code names, which are allowed by state law.\u00a0<\/p>\n The Colliers real estate company is listing the Tyson Tri-Temp Facility for sale, and LoopNet.com lists it as being under contract.<\/p>\n Tyson Foods Inc. notified the state and Mayor Donna Deegan in November 2023 that it was closing its Jacksonville plant effective Jan. 8, 2024, cutting 219 jobs.<\/p>\n \u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"Jacksonville City Council voted 16-1 on Aug. 26 to provide up to $800,000 in city incentives for a…\n","protected":false},"author":3,"featured_media":159266,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5136],"tags":[5229,3188,723,7310,67,586,132,5230,68,2969],"class_list":{"0":"post-178499","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-jacksonville","8":"tag-america","9":"tag-fl","10":"tag-florida","11":"tag-jacksonville","12":"tag-united-states","13":"tag-united-states-of-america","14":"tag-unitedstates","15":"tag-unitedstatesofamerica","16":"tag-us","17":"tag-usa"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@us\/115098184863893721","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/178499","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/comments?post=178499"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/178499\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/159266"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=178499"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=178499"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=178499"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}