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Jaguars owner Shad Khan’s development company, Iguana Investments, has agreed to purchase the Jacksonville Fairgrounds downtown. In turn, the far will move west more than 15 miles away.
The Jacksonville City Council voted Tuesday night 17-0 in favor of an agreement to bring a $400 million riverfront development to the downtown area.
More information is coming out about the proposed Shipyards project being laid out by Jaguars owner Shad Khan and his development company, Iguana Investments.
More than a dozen community meetings are scheduled this month across the Jacksonville area to discuss the Jaguars’ plans to develop the Shipyards, City Councilman Matt Carlucci said.
The Jacksonville Jaguars on Thursday laid out plans to redevelop The Shipyards and bring a Four Seasons Hotel to the downtown banks of the St. Johns River.