Jaguars, city nearing agreement on incentives package for stadium site developments

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The city of Jacksonville is nearing an agreement with the Jaguars on an incentives package for development of a parking lot on the southwest side of TIAA Bank Field.

According to Mike Mendenhall of the Jacksonville Daily Record, Mayor Lenny Curry said earlier this week the two sides were “verbally close on an agreement” that would help pave the way for development of the site.

The intended project, which would be carried out by Jaguars owner Shad Khan’s development company, is set to included a small arena venue, hotel, 300-unit residential tower and an office building.

Discussions have been ongoing since April and a plan is expected to be presented to the Jacksonville City Council by the end of the summer. If approved, the project would have an anticipated starting date of early next year following the conclusion of the upcoming season.

4 responses to “Jaguars, city nearing agreement on incentives package for stadium site developments

  1. But, But, But….they are relocating to be the London Jaguars I thought. That’s right to all the know it alls who actually know nothing about Kahn and his commitment to Jacksonville. The man puts over $100M of his own cash into stadium upgrades on a stadium he doesn’t own, builds an amphitheater music venue (Daily’s Place) next to the stadium along with an indoor practice faculty and now looking to build this Lot J development he has been planning for a while. Sure sounds like an owner who will move his anchor tenant to London once done to me. As an 11 year proud Jags season ticket holder this news makes me very happy for the development and the haters who get to read it. Kahn is one of the best owners in the league and we are grateful to have him.

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