DIA To Discuss, Vote On $450M Lot J Proposal Dec. 2

Nov 25, 2020

The Downtown Investment Authority’s staff report on Jacksonville Jaguars owner Shad Khan’s $450 million Lot J proposal will be complete no later than Dec. 1, according to the agency.

WJCT News partner the Jacksonville Daily Record reports the DIA released the agenda for a special meeting on Dec. 2 that says its board will discuss the staff’s findings, the City Council Auditor’s presentations and responses and the revised development agreement from the Jaguars development team and city negotiators.

The agenda also includes a vote on whether to recommend approval, denial or changes to the Lot J deal.

The 2 p.m. hybrid virtual and in-person meeting will be at the Downtown Jacksonville Public Library  Conference Center Multipurpose Room, according to the agenda.

Council voted 15-4 Nov. 24 to back a resolution that called for the DIA to review a $233 million incentives deal for Khan’s proposed mixed-use residential, retail and entertainment partnership with the city.

Read the rest of this story at JaxDailyRecord.com.