JACKSONVILLE, Fla. — The City of Jacksonville announced on Wednesday that it has reached a deal to develop Lot J near TIAA Bank Field.
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The City will work with the Jacksonville Jaguars, Iguana Development as well as other national partners to develop Lot J.
The changes are expected to include adding a live entertainment center, restaurants and housing, which would all be part of a $450 million project. The city said this would require approval from the Downtown Investment Authority and the City Council.
Jacksonville native James Williams has his doubts about the development.
“Do we have the population, do we have the tourism to support it?” Williams said. “Is it going to be another Landing? That’s the biggest concern I have.”
Wednesday, Action News Jax requested interviews with Curry and Jags’ President Mark Lamping. We were told both were unavailable.
Jacksonville Mayor Lenny Curry released the following statement on the development plans:
Jaguars President Mark Lamping released the following statement:
Blake Cordish, Principal of The Cordish Companies released the following statement:
HOW DID WE GET HERE?
Action News Jax has been following the plans for this downtown development for more than a year and a half.
In January 2018, the Jacksonville Jaguars first announced plans to turn Lot J into a "mixed-use entertainment complex."
During its State of the Franchise event in April 2018, Jaguars President Mark Lamping announced a partnership with the Cordish Companies to develop the Lot J area. In a tweet, the Cordish Companies said it would help to bring a "world-class neighborhood for the downtown Sports Complex."
After the State of the Franchise, Jaguars owner Shad Khan talked about the team’s $2.5 billion vision for the area surrounding the stadium, including Lot J and the Shipyards. Khan said at that time that the Lot J development “is an expansion of our previously announced plans for the Shipyards.”
The team also released renderings of what that Lot J and Shipyards development could look like.
During its State of the Franchise event in April 2019, the Jaguars said the effort to redevelop Lot J would total around $500 million. Earlier this year, JEA looked at the possibility of moving its headquarters to Lot J, but instead picked a property on West Adams Street.
Lori Boyer, former City Councilwoman and the CEO of the Downtown Investment Authority, told Action News Jax's Jenna Bourne in May that moving the Shipyards and Lot J projects forward will be crucial to the future of downtown development.
In a June interview with Action News Jax's Tenikka Hughes, Jacksonville Mayor Lenny Curry revealed after weeks of meetings with Jacksonville Jaguars owner Shad Khan's team, some major news on the future of Lot J could be coming soon.
In about 6 months, Action News Jax learned that the city will begin tearing down the Hart Bridge Ramps to clear the way for development of The Shipyards and the Entertainment Complex at Lot J.
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