Shipyards project gets unanimous approval from Jacksonville City Council

3 years ago 240

JACKSONVILLE, Fla. – The Jacksonville City Council voted Tuesday nighttime 17-0 successful favour of an statement to bring a $400 cardinal riverfront improvement to the downtown area.

The measure allows Jaguars proprietor Shad Khan’s task to beryllium built on the country known arsenic the Jacksonville Shipyards -- and subsidize it with much than $100 cardinal successful taxation dollars -- made its mode done 3 City Council committees past week, mounting it up for Tuesday’s vote.

In the agreement, the metropolis volition supply arsenic overmuch arsenic $115 cardinal of the project. Khan’s company, Iguana Investments, volition put $300 million. The task could beryllium completed by December 2025.

The program includes gathering a Four Seasons Hotel and Residences, bureau analyzable and marina facilities.

“I’m really, truly excited astir downtown,” Jaguars president Mark Lamping said, thanking City Council members pursuing the vote. “I cognize Shad (Khan) is conscionable thrilled because, you know, his committedness to downtown is implicit and this is specified a immense step.”

When it comes to getting started connected the Four Seasons, Lamping predicts contractors volition get the process going connected gathering the edifice sometime successful the 2nd 4th of adjacent year.

Lamping believes the task volition beryllium a catalyst for different developments.

“I deliberation it shows a tremendous magnitude of assurance successful this community,” Lamping said. “I deliberation it provided grounds that this benignant of dialog and process works. And I deliberation we got to a large end.”