WEDNESDAY September 15, 2021 jaxdailyrecord.com • 35 cents
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Daily Record JACKSONVILLE
DEVELOPMENT
THE MATHIS REPORT
Daily Record
Four Seasons deal includes $114M incentives package
JACKSONVILLE
The Downtown Investment Authority filed a bill Sept. 8 backing Jaguars owner Shad Khan’s riverfront development.
Daily Record Daily Record PROJECT SITE JACKSONVILLE This map of the proposed Four Seasons development along the Northbank riverfront is included in the development agreement with the Downtown Investment Authority.
BY MIKE MENDENHALL STAFF WRITER
The Jacksonville City Council introduced legislation Sept. 14 for a nearly $114 million incentives deal with Jacksonville Jaguars owner Shad Khan for his plan to build a Four Seasons Hotel and Residences and an office building at the former Kids Kampus site along the Downtown riverfront. Documents provided by Downtown Investment Authority CEO Lori Boyer show the bill supporting Khan’s project was filed Sept. 8. In a tweet Sept. 13, Mayor Lenny Curry said the Four Seasons development, coupled with plans to move the Museum of Science and History to the adjacent Shipyards property, would bring national and international development interest to Downtown’s riverfront. “This momentum will be a catalyst for economic growth and the realization of the boldness promised for our city that dates back many decades,” Curry said. In June, Khan and Jaguars President Mark Lamping announced an estimated $321 million development plan for the property south of TIAA Bank Field. The agreement would be between the city and Khan company Iguana Investments Florida LLC. On July 7, the DIA board approved what became the framework for the legislation. The bill commits Khan to a minimum $301,057,548 development. Iguana says the proj-
SEE FOUR SEASONS, PAGE 2
JACKSONVILLE
KHAN’S INCENTIVES Here are the proposed city incentives for Jacksonville Jaguars owner Shad Khan’s Four Seasons project:
The Four Seasons Hotel and Residences along the Northbank of the St. Johns River south of TIAA Bank Field.
$47.7 million: Recapture Enhanced Value Grant $25.8 million: Completion grant $13.4 million: Marina improvements $12.5 million: City land $8.7 million: Relocate the Marine Fire Station, dock and historic Fire Museum $3.9 million: Build Northbank Riverwalk
File renderings
A marina area and support building are planned as part of the Four Seasons development.
$2 million: Easements and lost land value
KAREN BRUNE MATHIS EDITOR
Walmart adding robot-powered fulfillment centers inside two stores
Walmart Inc. is rolling out its market fulfillment centers in Jacksonville. Walmart said in January a market fulfillment center is a compact, modular warehouse built within, or added to, a store for faster order pickup. The city is reviewing civil engineering plans for the centers to be added to Walmart Supercenters at 13490 Beach Blvd. and 6767 103rd St. The plans say Walmart proposes to build the additions for online order services. Those services include on-site walk-up pickup, drive-thru pickup and local delivery services, described as direct delivery to customers or another Walmart store for pickup. “In addition to fresh and frozen items, MFCs can store thousands of the items we know customers want most, from consumables to electronics,” said a Jan. 27 post by Tom Ward, Walmart U.S. senior vice president of customer product. Walmart said that instead of an associate walking the store to fulfill an order from the shelves, automated bots retrieve the items from within the fulfillment center. The items then are brought to a picking workstation, where the order can be assembled with speed. “Our customers love the speed SEE MATHIS, PAGE 2
Permit issued for Time Out Sports Grill Mandarin With a permit issued Sept. 10, the owner of Time Out Sports Grill Mandarin can renovate the former Village Inn into a restaurant and bar at 10140 San Jose Blvd. The city issued a building permit for Osterer Construction Co. to renovate 4,845 square feet at a cost of $250,000. The renovations come after City Council upheld a Jacksonville Planning Commission decision approving a zoning waiver and exception for the project, despite neighbors’ concerns about noise and traffic safety. Council upheld the decision Aug. 24.
VOLUME 108, NO. 212 • ONE SECTION