04:39 PM EST
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Legislation for team owner Shad Khan’s $321 million proposal could go to City Council in August.
The Downtown Investment Authority voted 8-0 on July 7 to approve terms for a $114 million incentive agreement with Jacksonville Jaguars owner Shad Khan for his plan to build a Four Seasons hotel and office building at the former Kids Kampus along the Downtown riverfront.
DIA CEO Lori Boyer said she expects to file legislation in August with City Council that, if approved, would finalize the deal with Khan’s development company, Iguana Investments Florida LLC, for the estimated $321 million development south of TIAA Bank Field.