June 2025
The Jacksonville, FL market is experiencing robust growth driven by population increases, major infrastructure investments, and expanding sectors in healthcare, aviation, and advanced manufacturing.
Jacksonville Among 15 Cities with Most Population Growth in 2024
What This Means For You: According to the U.S. Census Bureau, Jacksonville experienced one of the highest population increases in 2024, adding 16,365 residents and surpassing the 1 million population mark.
Walmart Opens Distribution Center for Sam’s Club in Jacksonville, Creating 250 Jobs
What This Means For You: Walmart has opened a new 1-million-square-foot distribution center in Florida dedicated to Sam’s Club, enhancing supply chain efficiency and supporting the retailer’s growth in the region. The new distribution center will create 250 new Jacksonville-based jobs.
Self-Driving Vehicle Factory Projected to Contribute $300M to Jacksonville Economy
What This Means For You: Holon, a subsidiary of Germany’s Benteler Group, plans to open a 500,000-square-foot autonomous vehicle factory in Jacksonville by 2028. The facility is expected to generate $200 million during construction and contribute $87 million annually thereafter, creating approximately 736 jobs and producing around 5,000 self-driving shuttles each year.
Jacksonville Competes for Plane Maker that Could Bring 1,200 Jobs to Cecil Airport
What This Means For You: Jacksonville is vying to attract a passenger jet manufacturer to Cecil Airport, a move that could create up to 1,200 jobs. The city is competing with other locations in Florida to secure this significant economic development opportunity.
Signature Aviation Seeking $14.5 Million Expansion at Jacksonville International Airport
What This Means For You: Signature Aviation has proposed a $14.5 million expansion at Jacksonville International Airport, aiming to enhance its fixed-base operations. The project includes new hangars and facilities to accommodate increased private and business aviation traffic.
Mayo Clinic’s long-term vision for Jacksonville includes doubling its footprint
What This Means For You: As part of Mayo Clinic’s 90-year master plan, backed by more than a billion dollars in investment, they aims to significantly expand its Jacksonville campus, including the development of North America’s first carbon ion therapy center.