JACKSONVILLE, Fla. -- A new I-295 ramp is spurring development on the westside of Jacksonville.
"Clearly this ramp on Collins Road opens up the community to more development and opportunity for retail and restaurants," said Jacksonville Chamber President Daniel Davis
Argyle Area Civic Council Vice President Tom Dumas agrees.
"Right now we have the potential of having the world's largest retailer on the northern quadrant and having the number 22 fortune 500 company on the southwest quadrant," said Dumas
Dumas says the stores interested in the space are Walmart and Costco.
Dumas says if this happens, it will create more than 750 new direct jobs and more than 300 construction jobs.
'It will add almost $800,000 to Duval County's tax base," said Dumas.
Davis says this growth is needed because it keeps the argyle area competitive.
"It's very important for our community to grow because if a community is not growing their dying and people are moving somewhere else," said Davis.
If everything works out as planned, the sales tax from the two stores could add $7.8 million to Duval County's revenue.
Dumas says business could start popping up here as early as 2014.
Davis says this could also help out Clay County because the stores would be so close to Orange Park.