Play Live Radio
Next Up:
0:00 0:00
Available On Air Stations

Business Brief: Will Khan's Shipyards Proposal Succeed Where Others Haven't?

walkways and buildings
Populous via Shad Khan

Jacksonville is buzzing about plans unveiled this week by Jaguars owner Shad Khan to transform Downtown. It’s a massive entertainment, residential and business district along the North Bank of the St. Johns River.

Khan’s is far from the first proposal for the former shipyards property, and most have failed. But Jacksonville Business Journal Editor John Burr says he’s optimistic this time will be different.

“It is certainly the most ambitious plan yet, and there’s no doubt that Shad Khan can get it done. This is really going to be a referendum on Jacksonville and what does Jacksonville want to be when it grows up," Burr said.

He says it remains to be seen how much of the project Shan intends to fund himself and how much will be requested of Jacksonville taxpayers. He adds it’s likely such a large issue will be put to a vote by the city’s residents. 

Hear the entire "Business Brief" segment airing on WJCT 89.9 FM: 

Jessica Palombo supervises local news gathering and production, podcasts and web editorial content for WJCT News, ADAPT and Jacksonville Today. She is an award-winning writer and journalist with bylines including NPR, Experience Magazine, and The Gainesville Sun. She has a master’s degree in broadcast and digital journalism from Syracuse University and is an alumna of the University of Florida. A nearly lifelong resident of Jacksonville, she considers herself lucky to be raising her own children in her hometown. Follow Jessica Palombo on Twitter: @JaxJessicaP