Jaguars Stadium $1.4B Renovation Gets Approval from Jacksonville City Council
The Jacksonville City Council decisively voted 14-1 to approve a $1.4 billion renovation plan for EverBank Stadium, advancing the Jacksonville Jaguars' future in the city.
Pending the NFL owners' approval in October, the agreement splits costs by $625 million from the city and the Jaguars, plus an additional $150 million for stadium readiness.
Mayor Donna Deegan praised the decision as historic, highlighting community collaboration, according to ESPN.
The deal includes a 30-year lease extension and a non-relocation clause, reinforcing the team's ties to Jacksonville.
Deegan emphasized the significance, stating it secures the Jaguars as a community cornerstone for future generations.
READ NEXT: Trevor Lawrence Secures Historic $275M Deal with Jaguars in 5-Year Extension
Project Timeline and Details
Pending NFL approval, construction is slated to commence after the Jaguars' 2025 season, with completion expected in time for the 2028 season kickoff.
The renovated Jaguars stadium aims to emulate the modern amenities seen in venues like SoFi Stadium in Inglewood, California, featuring a shaded canopy over every seat to mitigate heat, effectively lowering temperatures by 15 degrees.
Jaguars president Mark Lamping expressed gratitude following the council's vote, noting that the planning process began in 2016 with a clear goal to fortify Jacksonville's commitment to its NFL franchise.
He underscored the stadium's importance not only for football but also as a venue for potential future sporting events and concerts, capable of expanding capacity to over 70,000 seats for special occasions like the annual Florida-Georgia game, NFL noted.
The Jacksonville City Council's overwhelming approval underscores a unified approach to bolstering the city's sports infrastructure without resorting to new taxes.
The agreement includes a 30-year lease extension and a non-relocation clause, dispelling longstanding rumors of the Jaguars potentially leaving Jacksonville.
Mayor Deegan reiterated the economic benefits and community impact of the project, highlighting anticipated developments around the stadium area, including a proposed University of Florida satellite campus expected to host thousands of graduate students.
This revitalization effort aims to enhance downtown Jacksonville's appeal and economic vitality.
Construction and Operational Logistics
The plan is to begin Jaguars stadium renovations after the 2025 season, temporarily reducing capacity in EverBank Stadium for the 2026 season and relocating home games to Gainesville or Orlando in 2027.
This phased approach aims to minimize fan disruption while maximizing stadium upgrades, NBC Sports.
Owner Shad Khan assumes responsibility for construction overruns and most game-day expenses, underscoring the team's commitment to operational costs and fan experience enhancement.
The approved plan not only secures the Jaguars' long-term presence in Jacksonville but also positions the city as a hub for major events and cultural gatherings.
This redevelopment initiative signifies a strategic collaboration between city leaders, stakeholders, and the Jaguars, promising a future where sports, economic growth, and civic pride converge in Jacksonville, Florida.
READ MORE: Isiah Buggs Released by Chiefs Amid Second Arrest, Reportedly in Custody
This article is owned by Latin Post.
Written by: Ross Key
WATCH: This Week in Jacksonville: Business Edition - Breaking down funding for the $1.4B stadium deal - From News4JAX The Local Station
Subscribe to Latin Post!
Sign up for our free newsletter for the Latest coverage!