Shad Khan

Jacksonville Jaguars owner Shad Khan’s development company wants to purchase, rather than lease, as part of its $370 million project.

The estimated $370 million project includes a six-story office building and for-sale condominium residences.

Increased construction costs, labor shortages and site conditions at the Downtown Shipyards will increase the price of the development to $370 million,

The Downtown Development Review Board will consider design plans Thursday for the $321 million project on the riverfront. The board's staff recommends approval.

Khan is now the sixth-richest NFL owner, two spots lower than last year, according to Forbes. His net worth of $7.6 billion.

The Los Angeles Times reported that BNC, based in Tallahassee, failed to meet payroll Friday. Khan had invested $50 million into the effort committed to covering Black and brown communities.

Someone appears to have filed a fraudulent elections statement saying that Tony Khan, the son of Jacksonville Jaguars owner Shad Khan, is a candidate for the seat held by U.S. Rep. John Rutherford of Jacksonville. Khan says he's not running.

Despite a lack of success on the field, the Jacksonville Jaquars owner's sports holdings are valuable enough to rank him No. 12 in the world.

Shad Khan says Downtown has “gone downhill” and Jacksonville “needs something aspirational.”

The Jacksonville City Council voted Tuesday to approve over $100 million in public incentives for a proposed development from Jaguars owner Shad Khan at Met Park