JACKSONVILLE, Fla. — Private investors are eyeing Jacksonville to potentially be the home of a new large-scale concert and event venue.
Action News Jax has confirmed that Blasen Capital Market Group, a New York equity firm, and Jacksonville financier Kyle Kane would privately finance the $120 million project.
Project renderings for “The Grounds,” provided to Action News Jax by Kane, show the venue would be located at the Cecil Commerce Center Corridor.
It would feature a venue that could hold 50 thousand people and there would be land for camping and glamping.
It would also hold over 100 events each year.
This idea did not sit well with longtime Westside resident Sara Herndon.
“We don’t want the traffic. They’re already building houses and everything. We have no country out here anymore,” said Herndon. “Take it back to the city where it goes.”
But other Westside residents welcome the idea.
“That sounds huge,” said Westside resident Curtis Koshuta. “I think it would be a good time and you know give us something to do over here.
We reached out to the City of Jacksonville for a statement about this potential project:
“This group has not engaged with the City of Jacksonville on their proposed project.”
We reached out to the investors behind the proposal for an interview, but they did not respond to my request.
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