Hillwood, the master developer of AllianceFlorida at Cecil Commerce Center, reports that it has executed a contract with the city to buy about 192 acres at the West Jacksonville business park.
Cecil Commerce Center is generally between Interstate 10 and Normandy Boulevard, with some property south of Normandy, on both sides of the parkway. It is west of I-295.
In its first-quarter activity report to the city, Dallas-based Hillwood reported it had executed the contract during the first quarter and expects to close on the land during the second or third quarter of 2026, which would mean by Sept. 30…