1 July Clay Holds First Stakeholder Summit to Maximize the ROI of FCX July 1, 2016 By Laura Pavlus General, News economic development , Clay County, Clay County Florida, business development, commercial, industrial , First Coast Expressway, Outer Beltway 0 Article by Jesse Hollett - June 30, 2016 Clay Today READ FULL ARTICLE HERE ORANGE PARK – The future completion of the First Coast Expressway places Clay County in the driver’s seat of significant growth over the next 25 years. With so much riding on the forthcoming roadway, business leaders naturally place importance on community dialogue. Last Thursday, the Thrasher-Horne Conference Center was home to what economic development leaders dubbed a Stakeholder Summit, the first of multiple planned public conversations involving business insiders and elected officials. Leaders are trying to maintain discussions about such issues as current land use designations and what amendments, if any, may be needed to county regulations in order to maximize the development potential of the corridor that makes its way through Clay County. When complete, the Expressway will connect Interstate 10 in Duval County to Interstate 95 in St. Johns County. The northern section from Blanding Boulevard to I-10 in Duval County is currently under construction with completion anticipated this summer. The area around U.S. Highway 17 and I-295 is already largely developed. The FCX will do the same for the western and southern areas of Clay County where development is slower. Since businesses prefer to locate next to established transportation hubs, where visibility and accessibility meet, it’s a shared goal between business leaders to foster high wage job growth along the eight FCX interchanges scheduled to snake through Clay County. “At those interchanges we planned for what we call activity centers, which can accommodate your light industrial, your commercial, professional offices – specifically high end jobs,” said Holly Parrish, director of Clay County Economic and Development Services. Similar development is already visible in places like Branan Field Road where businesses, such as St. Vincent’s Medical Center Clay County provide a good “indication on how some of the other interchanges will grow,” Parish said. For the Clay Economic Development Corp., the FCX stands as a pendulum of potential energy, however further planning is in order. The summit coincides with Clay County’s Evaluation and Appraisal Report, a chance all Florida counties get every seven years to amend their land use regulations stipulated in their state mandated 2025 Comprehensive Plan. Opportune as the timing is, EDC President Bill Garrison aims to brush up the county plans with the expressway in mind, so the county can tailor its zoning around the FCX corridor to support business growth. According to Garrison, the state has funded the purchase of the Expressway land in the right of way budget, so now leaders will look to fund the infrastructure leading to the infrastructure, the roads leading to the roads, the pathways to the Expressway. In part, that will come from the one-cent sales tax, but other funds must be identified prior to the building the segment of the Expressway that runs from Blanding Boulevard south and eastward toward Green Cove Springs. The FCX connects Clay County to the job centers along I-95 and I-10. Business leaders hope to take advantage of the travel access provided to improve the tax base of Clay County with new business growth. “Ultimately we’ll have large job centers in Clay County,” said Hugh Mathews, president and chief executive officer of Jacksonville-based England-Thims & Miller engineering company. “We’ve already got some if you look at what St. Vincent’s is doing, but when you talk about what the [Department of Transportation] is bringing to this region … it’s just a tremendous opportunity for us.” To facilitate the metamorphosis, the EDC has already begun similar conversations with commercial real estate brokers from sister counties. When the development comes, it’s often easier to be proactive rather than reactive, according to Garrison. Largely, the county is proactive with its economic development already and has cooperated fully to help tailor plans such as the EDC’s 5-year plan to drive high wage jobs into Clay County. The plan stresses public education on the Expressway and relies on teamwork that Garrison said has made planning efforts so successful in the past. “I’m happy that all the private sector people, the businesses, the engineers, commercial real estate brokers, we’re all working with the county government to make sure the planning is done properly,” Garrison said. “[The 5-year] plan kind of pulled those groups together. Those groups that used to not work together are now working together and we’re working off that momentum.” Related Clay EDC Works Vigorously to Maximize ROI on First Coast Expressway Project Clay EDC is working vigorously to draw community leaders and stakeholders together to systematically maximize the return on investment of the First Coast Expressway. Clay Recieves $2M for Road to Future Industrial Park Directly Adjacent to First Coast Expressway This week Florida Gov. Rick Scott announced $16 million for projects meant to aid cities with job growth. Of that, Clay County is getting $2.06 million to build a road. Clay’s is one of six projects winning the final awards from an $85 million Florida Job Growth Grant Fund, which was divvied out all year.Clay County Commission Chair Gavin Rollins said the project will help build a roadway called Atlantis Drive, which will be near the under-construction First Coast Expressway, which will start at I-10 in Duval, travel through Clay and end at I-95 in St. Johns County. The new Atlantis Drive will extend east from Trail Ridge Road. First Coast Expressway-Connecting Our Community By the end of 2017, the Florida Department of Transportation will finish buying the right of way needed to begin construction on the second segment of the $2.4 billion roadway that will, when completed, connect Interstate 10 in Duval County to Interstate 95 in St. Johns County. The majority of the 46-mile roadway will run through Clay County, the largest county in Florida without an interstate. Clay Officials Tackle Tallahassee Government officials from each major community joined members of the Clay County Chamber and County Commission to advocate for local needs to state lawmakers and inform those from outside Clay County what the area has to offer. Clay Commission Discussing Rebranding County Image The Clay County Commission this month is expected to consider recommendations to showcase the county’s natural, historic and recreational resources as well as its communities to best attract tourism, new businesses and residents. Clay County Home to Top Ranking ZIP Codes Clay County is proud to have 5 of the top 18 ranking ZIP codes for year-over-year growth in average single-family homes in Northeast Florida. Construction of the First Coast Express is fueling this increase. Clay County population growth projections are by-far the largest in the region for the next 10 to 15 years. Concurrently, 77% of Clay County residents commute into neighboring counties to work. Clay County is home to the second highest wage earners in the region. To learn more about business opportunities in Clay County, Florida call 904.375.9394. Showing 0 Comment Comments are closed.