JACKSONVILLE, Fla. – The Jaguars will unveil their plans and concepts for a stadium of the future — and likely the significant price it will cost to do so — during an online presentation Wednesday morning at 10.
The Jaguars announced that a “video visualization and renderings of the project” will be released in a presentation on the team’s social media channels as well as on 1stDownTownJacksonville.com.
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According to a report from Florida Politics, citing documents dated May 11 and 24, the project for an updated stadium could total $875 million to $1.034 billion.
It comes weeks after Mayor Lenny Curry brought the issue to the forefront by saying a stadium renovation could push the Jaguars out of their home for two years. Team president Mark Lamping later tempered those statements by saying the Jaguars first needed to come up with a stadium renovation plan that worked for the team and the city.
“Three years in the making, the Stadium of the Future represents the next step in the team’s efforts to transform downtown Jacksonville,” the team said in a release. “On Wednesday, the Jaguars will also share additional information about how the community can engage with project leaders in community huddles scheduled throughout Duval County in the coming weeks.”
A UNF poll last spring said that 61% of those surveyed “oppose the expenditure, either strongly or somewhat.” The number used in that poll was $750 million.
The stadium renovations are expected to be a dicey conversation for mayor-elect Donna Deegan. Stadium renovations are paramount to keeping the Jaguars in Jacksonville beyond the expiration of their lease expiring following the 2029 season. There will be a significant investment made by taxpayers to ensure funding for a new or seriously updated stadium.
The Buffalo Bills just broke ground on their new stadium which will have more than $800 million of public money going towards it. The Titans have put a new stadium on the table in Nashville, a $2.1 billion project. The team is paying $840 million with the state of Tennessee contributing $500 million.