Living Atlas
Timeline Decisions Money Questions Evidence

$106.18M of public money has been committed across 7 decisions since 2019. $76M more has been requested, with no grant agreement executed. Later applications cite earlier awards as proof of concept. ◐ inferred · S-09 S-19

Follow the record ↓ Skip to the decisions →
5 decisions committed · 2019–2026
Birdon / Project Maeve · 2025–26
$106.18M committed▏$11.4M reported — not counted
$76M requested · no grant agreement executed
how this is counted → Committed = each decision's primary funding instrument, read from an executed instrument the corpus holds. Jobs = exact pitched figures only. Full method on Evidence.
The inclusion rule. Committed = each decision's primary public-funding instrument at its current value — funding instruments, not construction contracts (founder ruling 2026-08-25):
· ST Titan / Project Titan: $66,000,000 (Triumph GAA #120 — grant amount unchanged across all five amendments) S-41
· IHMC Healthspan Center: $20,396,286 (Triumph GAA #233 as amended (Fifth Amendment; original 2020 grant $6,078,795)) S-23 S-22 S-88
· American Magic: $8,500,000 (Triumph GAA #315 (facility leased to BMQRA)) S-89 S-07 S-15
· UWF WAVE: $3,315,600 (Triumph GAA #330 (executed term sheet S-18; executed GAA S-90, unextracted)) S-90 S-18
· HPMCE Dock Complex: $5,978,851 (FSTED Grant G3B51) S-17
· HPMCE Dock Complex: $1,992,860 (Port local match (Supplemental Budget Resolution 2025-99)) — executed construction contract not retrieved (S-16 copy's execution line blank; W-01) S-17
Sum: $106,183,597. IHMC Healthspan Center: the bar shows the original $6,078,795 grant and the $14,317,491 its amendments added; the committed total counts the amended $20,396,286 exactly once S-21 S-22 S-88
Excluded from this total, counted on Money and the decision pages: ST Titan's non-Triumph public stack; American Magic's state grant, dock works, and City facility; the rail's FSTED co-funding.
Reported, not counted — an amount counts as committed only when it is read from an executed funding instrument the corpus holds (founder ruling 2026-08-25):
· Port Road & Rail: $11,403,935 (CDBG-DR reallocation, HS002 as amended (Amendment One, +$2,300,000, council 26-402 2026-03-26) — $11,403,935.38 floored to whole dollars here; FSTED seaport co-funding ($2,374,918, G2838 + G2856) is counted on the decision page, not here.) — reported, not counted — executing instrument not retrieved (published copy unexecuted, blank signature blocks; fully executed copy W-30) S-60 S-61
Requested, unsigned:
· Birdon / Project Maeve: $76,000,000 (Triumph #367 request — term sheet executed 2026-07-23 and expressly non-binding by its own terms; no grant agreement executed (not on Triumph's 2026-08-19 agenda; September 2026 earliest).) S-09 S-10 S-11 S-70 S-45
Jobs pitched = exact figures the record states: 170 (Triumph #315 S-27 S-07) + 2,000 (Triumph #367 S-09 S-10) = 2,170. Stated but not exact figures, never summed: ST Titan / Project Titan — "Nearly 2,000 direct jobs" — promotional headline; the City's own decomposition leaves 1,325 binding (C-STE-B4). Not an exact pitched figure; excluded from any summed total. S-44 S-40 · IHMC Healthspan Center — ~18 net-new FTE over 3 years (2020 application) — approximate by the application's own wording; superseded by the amended metric structure. S-21 · UWF WAVE — 175 Net New Certificates (ABYC Marine Composites) by 2034 — a workforce metric, not a jobs count; never summed with jobs figures. S-18. No jobs claim exists for: Port Road & Rail, HPMCE Dock Complex.
Dates = primary instrument execution, else the decisive public action the record carries (per-decision basis in record/decisions/timeline.yaml). 90 sources on Evidence. As of 2026-09-05.
What this is

A public record of decisions about public money, assembled from primary documents — applications, leases, grant agreements and amendments, bid documents, council memos, board minutes, and press. Every figure links to its source.

What it is not

Not an accusation, an audit, or a claim of wrongdoing. Where the record supports more than one reading, both are shown. Where it is silent, we say so rather than fill the gap.

How to read it

Solid lines and coral figures are executed and in force. Dashed lines and cyan figures are proposed — money that does not exist yet. Amber marks a question the record holds open. Corrections are welcome and logged.

2019
Triumph #120 · executed

The biggest completed bet in the record.

A $66M Triumph grant inside a $210M airport MRO campus — 1,325 jobs at a $44,461 floor, on a clock that starts five years after Hangar 4 is complete. Across five amendments the grant amount never moved; the completion deadline moved +44 months.

This step adds
+$66M
Jobs promised
stated, inexact
Actually binding
1,325 jobs at a $44,461 average-wage floor, $49,811.32 per job short — owed solely by VT Mobile Aerospace Engineering, on a clock that starts five years after Hangar 4's beneficial occupancy. S-41
the record →
The largest completed public construction bet in the record: a $66M Triumph grant inside a $210M airport MRO campus. The jobs obligor is VT Mobile Aerospace Engineering — 1,325 jobs at a $44,461 wage floor, on a clock that starts five years after Hangar 4's completion. Across five amendments the grant amount never moved while the completion deadline moved +44 months. Birdon's application cites this grant, with American Magic, as the City's grant-management precedent.
2021
Triumph #233 · executed

The word “cluster” enters the record.

The 2020 application asks $6.08M to "seed a human performance cluster" — three years before any sailboat; the grant agreement follows in 2021. Five amendments grow it to $20.4M, and the binding metric becomes research spending: ≥$58.5M by 2036.

This step adds
+$6.08M → $20.4M as amended
Jobs promised
stated, inexact
Actually binding
Expend ≥$58,531,507 in awarded research grants by 2036 (PM#1 as amended); the text of PM#2 is not in the corpus. S-23
the record →
The 2020 application asked for $6,078,795 to "seed the establishment of a human performance cluster in Northwest Florida" — three years before any sailboat; the grant agreement followed in 2021. Five amendments grew the grant to $20.4M and replaced the original jobs metrics with a research-spending metric: expend ≥$58.5M in awarded research grants by 2036.
2023
Triumph #315 · the magnet tenant

$8.5M lands an America's Cup team; the shop now builds Navy-drone wings.

The City asks $8.5M to renovate Warehouse 10 — "required to secure headquarters relocation" — pitched at 170 boat-building jobs at ~$105,000; the 2024 lease binds 120 jobs, no wage term, and licenses "other products and services that use the Tenant's capabilities." The 2026 pivot to anti-submarine-drone wings needed no public re-approval at the lease layer.

This step adds
+$8.5M
Jobs promised
+170
Actually binding
Two instruments, kept distinct: Triumph metrics — 170 jobs at ≥$105k with a $50,000/job clawback, due 2029; the 2024 lease — 120 "New Jobs" with no wage term of any kind. S-07 S-29
the record →
An $8.5M Triumph grant renovated Warehouse 10 — "required to secure headquarters relocation" of an America's Cup team, pitched at 170 boat-building jobs at ~$105,000. The 2024 lease binds 120 jobs with no wage term. In 2026 the Cup assets were sold and the shop now builds composite wings for an anti-submarine Navy drone — a pivot the lease's own permitted-use clause required no public re-approval for.
2024
CDBG-DR HS002 · ◈ reported, not counted

Recovery money reaches the Port's rail.

Hurricane Sally submerged the Port's roads and rail; an $11.4M CDBG-DR award funds the rebuild — $2.3M of it reallocated Sally housing money, a contested move that the March 2026 paperwork executing it never mentions.

This step adds
$11.4M reported — not counted
Jobs promised
no jobs claim
Actually binding
instrument not retrieved — as reported, not as read
◈ reported, not counted — executing instrument not retrieved (published copy unexecuted, blank signature blocks; fully executed copy W-30) — see documents wanted.
the record →
Hurricane Sally submerged the Port's roads and rail; an $11.4M CDBG-DR award — atop $2,374,918 in FSTED seaport grants — funds the rebuild, with the federal funds to be expended by 2027-03-31. $2.3M of it is reallocated Sally housing money, the surviving port share of a stalled $5.8M award — a contested reallocation that the March 2026 paperwork executing it never mentions. All three layers stand, dated, on the decision page.
2025
Triumph #330 · the cluster cites itself

A workforce lab, justified by the tenant it trains for.

UWF wins $3.3M of a $16.7M marine-composites lab, the catalyst argument being American Magic's arrival — a claim UWF makes itself. Binding: 175 certificates and ≥$9.95M in extramural funding by 2034, owed by a named public university board.

This step adds
+$3.32M
Jobs promised
certificates, not jobs
Actually binding
≥175 certificates ($18,947 clawback per certificate short) and obtain-and-spend ≥$9,946,800 extramural by 2034-12-31 — owed by the UWF Board of Trustees. S-18
◈ the catalyst claim is UWF's own — rendered as claimed, never as neutral fact
the record →
A university vessel-engineering lab built explicitly around American Magic's arrival — the catalyst narrative forming in a primary document, asserted by the beneficiary itself. The binding metrics: 175 marine-composites certificates and ≥$9.95M in extramural funding by 2034, owed by a named public university board. The executed grant agreement is in the corpus.
2025–26
Triumph #367 · nothing binding

The ask that dwarfs everything before it.

$76M of a $275M shipbuilding project — the largest request in the record; the 2,000 jobs pitched as "direct at the Port" become FTEs across eight counties in the draft instruments, subcontractors included. The term sheet is executed (2026-07-23) and expressly non-binding; only a grant agreement would bind, and none exists.

This step adds
+$76M requested
Jobs promised
+2,000
Actually binding
nothing yet — pre-execution
the record →
Nine times American Magic's money: $76M requested of a $275M shipbuilding project, 2,000 jobs pitched as "direct at the Port" — redefined in the draft instruments as FTEs across eight counties, subcontractors included. The term sheet is executed (2026-07-23) and expressly non-binding; the clawback would bind "Project Maeve America, Inc.," a Delaware entity no document connects to the operating shipbuilder. Only a definitive Grant Award Agreement would bind anyone, and it does not exist.
2026
Bid 26-029 · after "complete" · ◈

New public money after 'complete.'

A berth, breakwater, and −20 ft dredged channel — 'American Magic Phase II' in the documents — awarded May 2026 from FSTED and Port funds, after the Triumph decision was recorded as complete. The executed construction contract is not in the corpus.

This step adds
+$7.97M
Jobs promised
no jobs claim
Actually binding
instrument not retrieved — as reported, not as read
◈ executed construction contract not retrieved (S-16 copy's execution line blank; W-01) — see documents wanted.
the record →
A berth, breakwater, and −20 ft dredged channel — "American Magic Phase II" in the documents — funded by FDOT/FSTED and a Port match, awarded in 2026, after the Triumph decision was recorded as complete.
Committed
$106.18M
Requested
$76M
Jobs promised*
2,170
applied for staff recommended the award to approved a non-binding term sheet for granted exclusivity to would be obligor of would lease from located at an enterprise of grantee of located at awarded the grant agreement for grantee and applicant for jobs obligor of cites as precedent
Government
City of Pensacola
applicant · landlord
Funder
Triumph Gulf Coast, Inc
grantor
Government
Port of Pensacola
an enterprise of City of Pensacola
Decision · 2019
ST Titan / Project Titan
$66M
Decision · 2024
Port Road & Rail
reported — not counted
Pending · pre-execution
Birdon / Project Maeve
$76M requested
Entity
VT Mobile Aerospace Engineering, Inc
"ST Engineering – Pensacola Aerospace" · jobs obligor
Entity
Bella Mente Quantum Racing Association
"American Magic" · tenant and obligee · reported
Entity
Project Maeve America, Inc
would be obligor · proposed
Relationships in the record · +7 more in the graph — documented   – – proposed
$66M
$20.4M
$8.5M
$11.4M
$3.32M
$76M
$7.97M
#120
#233
#315
HS002
#330
#367
26-029
New public money, after the decision was recorded as complete.

Explore the record yourself

Four ways in. Every page is built from the same cited documents you just scrolled past.

↑ Replay timeline
Decisions · 7
Open a decision dossier Status, next public date, every instrument and amendment — decision by decision.
Money · $106.18M + $76M
Trace whose money it is Triumph, state FSTED, federal CDBG-DR, City and Port funds — source to site.
The Gap
Compare pitched vs. binding 2,170 jobs were pitched where the record states an exact figure.* See what the signed documents actually require.
◈ Open questions
See what we don't know Monitored questions, contradictions in the record, and the documents anyone can request.
* exact figures only — how this is counted lists what is summed and what is not.
Jump to a decision ST Titan / Project Titan IHMC Healthspan Center American Magic Port Road & Rail UWF WAVE Birdon / Project Maeve HPMCE Dock Complex
Living Atlas — evidence-backed civic memory · Pensacola & Escambia County, FL Corrections welcome and logged · method & governance graph.json · sources.json · docket.json · llms.txt