Newspaper article The Florida Times Union

Shad Khan's Exciting Shipyards Plan

Newspaper article The Florida Times Union

Shad Khan's Exciting Shipyards Plan

Article excerpt

Shad Khan's winning proposal to develop the Shipyards is truly a victory.

For all of Jacksonville.

Khan's winning Shipyards bid opens a new and exciting chapter in the bond between the city and the Jaguars owner, one that continues to add vibrancy to Jacksonville and raise its game as a community on the move.

Khan has clearly proved that he's a big-picture thinker with an innovative spirit.

He's clearly proved his love for Jacksonville.

He's clearly proved his willingness to commit considerable resources to making Jacksonville a better place.

And that has led to a magnificent partnership between Khan and the city - one that's seen the Jags owner invest millions on projects with the city also chipping in a substantial share.

The formula has produced a wonderful body of work:

- The state-of-the-art video scoreboards at EverBank Field, which have helped Jacksonville host premier events like last fall's Navy-Notre Dame game.

- Other wide-ranging stadium improvements that have made EverBank Field one of the NFL's top facilities and secured the Jaguars' long-term future in Jacksonville.

- Still taking shape is the construction of the Daily's Place amphitheater (a 5,500-seat, futuristic venue that will officially open soon) and an indoor practice facility, which will both be adjacent to EverBank Field.

In short, when Khan and the city get together on something, things get done. And they're done well.

VISION IS PROMISING

The same result is all but guaranteed with this latest collaboration between Khan and the city to transform the Shipyards.

And our community can feel pretty confident that, finally, the Shipyards will reach its promise as a downtown landmark.

For one, Khan's impressive proposal - which was chosen by the Downtown Investment Authority over two other submitted plans - isn't merely bold in concept, it's broad in scope:

- It would span 70 acres and entail more than $500 million in private investment.

- It would include 300 to 500 condominiums - and an equal number of apartments - built on our majestic riverfront. …

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