Jaguars, city of Jacksonville approve agreement to build $1.4 billion ‘Stadium of the Future’

Jacksonville Jaguars

The Jacksonville Jaguars’ “Stadium of the Future” is a go, as the franchise and city approved an agreement on a $1.4 billion project on Tuesday that will keep the Jaguars in Jacksonville for “decades to come.” 

The proposal will see each side contribute $625 million to the project and Jacksonville would chip in another $150 million to get EverBank Stadium ready for construction beginning in 2026. The team will also not include any new taxes to pay for the rebuild.

With construction set to begin after the 2025 season, the Jaguars would play in front of a reduced capacity crowd in 2026 and then host home games in either Gainesville or Orlando in 2027. 

The updated look of EverBank Stadium was revealed last summer, representing the next step in the team’s efforts to transform downtown Jacksonville. The Jaguars plan to make the stadium four times as wide as the current one with interactive social areas and food local to the city. The stadium will include state of the art technology and a shade canopy to reduce heat retention by 70%.

As for other opportunities to improve the stadium? In announcing the stadium design last year, the franchise said the following changes will be made:

Shade on all seatsA 360-degree concourse
Wider concoursesIncreased space for football operationsBetter vertical transportationReplace HVAC, plumbing, mechanical, and electrical systems

The Jaguars, rumored for years to be a potential relocation franchise to London, have plans to remain in Jacksonville for the long term. This new stadium would ensure they’d remain in the market for another 30 years. The franchise chose to renovate EverBank Stadium instead of building a new one once the organization concluded it was structurally…


Source link : https://www.cbssports.com/nfl/news/jaguars-city-of-jacksonville-approve-agreement-to-build-1-4-billion-stadium-of-the-future/

Author : Jeff Kerr

Publish date : 2024-06-26 00:15:54

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