Preliminary site work for Jacksonville Jaguars owner Shad Khan’s proposed $450 million Lot J development could be near.
The Downtown Investment Authority Board will consider a resolution Wednesday granting Lot J development company Jacksonville I-C Parcel One Holding Company LLC a limited license to access the city-owned property for environmental testing, according to WJCT News partner the Jacksonville Daily Record.
According to the resolution, the 60-day license will allow the developers to collect groundwater and soil samples from the TIAA Bank Field parking lot, which could identify if contaminants are present at the future construction site.
The city’s risk manager, director of public works and Office of General Counsel will have to sign off on the agreement before it can be executed.
Plans for the development include a 300-unit residential tower, 200-room boutique hotel, 120,000-square-foot Class A office tower and a Live! Entertainment District.
An expanded version of this story is at JaxDailyRecord.com.