Jacksonville University is working with the city of Palm Coast to establish a health care education campus in a Community Redevelopment Area and Innovation District within Palm Coast Town Center.
Palm Coast City Council is scheduled to vote Dec. 15 on a proposal to approve a $1.5 million grant and a $1 million forgivable loan to the university for the project, according to WJCT News partner the Jacksonville Daily Record.
“It’s a move toward economic development,” said Matthew Morton, Palm Coast city manager.
When the agreement is approved, JU will build-out a 6,000-square-foot space in an existing building to create classrooms, labs and office space, said Matthew Swanson, JU vice president of finance and business operations.
It will be the first campus outside Jacksonville in the institution’s 86-year history.
Read the rest of this story at JaxDailyRecord.com.