The design of a riverfront development anchored by Four Seasons Lodge Jacksonville will crack ground afterwards this year under the direction of luxury hotel builder PCL Development, the Jaguars and staff owner Shad Khan’s Iguana Investments declared Friday.
The addition of PCL to the advancement group marks a “major milestone,” said Drew Frick, Jaguars’ senior vice president of real estate and growth.
“With a total group now in place, we’ve fully transitioned from strategy to execution,” he reported in the announcement. “The partners we’ve assembled are planet-renowned and have intensive encounter. Our Northbank riverfront is in great fingers.”
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Jacksonville Metropolis Council approved $114 million in taxpayer support for the offer in a unanimous vote last October.
Khan and his Iguana Investments must spend at minimum $301 million in private financing for the five-star development that would incorporate about 176 hotel rooms, 25 luxurious condominiums and a six-tale Course A place of work creating, in accordance to conditions of the advancement arrangement.
The Downtown Enhancement Evaluate Board is set to vote on last structure acceptance future Thursday for the resort and place of work developing.
Rick Goldman, vice president and district supervisor of PCL Development, mentioned the construction management agency is “proud to be part of the initially 5-star hotel in Jacksonville.”
“We are enthusiastic for the opportunity to create the 4 Seasons Resort Jacksonville along with our Jacksonville Jaguars and Iguana Improvement partners, who are dedicated to bringing the Shipyards and the surrounding neighborhood to life as an occasions and leisure destination,” Goldman claimed in a statement produced by the Jaguars.
The agency has been associated in extra than $8 billion in hospitality development including the 4 Seasons Vacation resort Ko Olina, 4 Seasons Vacation resort Whistler, Four Seasons Hotel Toronto and the 4 Seasons Resort Lanai.
Khan has owned the