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Commerce Department Grant to Advance Commercial Development at Cecil Air Field

WASHINGTON - The U.S. Commerce Department's Economic Development Administration (EDA) today announced a $660,000 grant to the city of Jacksonville, Fla., to boost commercial development at Cecil Field by making vital storm water improvements.

"This EDA grant will increase the storm water capacity at Lake Fretwell, which will open up 330 additional acres at Cecil Commerce Park to commercial development," said U.S. Assistant Secretary of Commerce for Economic Development John R. Fernandez

"The City of Jacksonville has had great success at Cecil Commerce Center over the past ten years with the establishment of international companies such as Bridgestone, Saft and The Boeing Company, and the expansion of Lake Fretwell will allow it to open up more developable land for similar companies, for many years to come," said Edward W. Randolph, Business Development Coordinator, Jacksonville Economic Development Commission (JEDC).

About the U.S. Economic Development Administration (www.eda.gov): This year, the U.S. Economic Development Administration (EDA) marks 45 years of public service, with a mission of leading the federal economic development agenda by promoting competitiveness and preparing American regions for growth and success in the worldwide economy. EDA is an agency within the U.S. Department of Commerce that partners with distressed communities throughout the United States to foster job creation, collaboration and innovation.