Jaguars share vision to revitalize Shipyards near stadium

JACKSONVILLE, Fla. (AP) – Jaguars owner Shad Khan wants to turn Jacksonville’s troubled Shipyards into a lavish, riverfront business and entertainment district that would be a “game-changer” for the city and the small-market franchise.

Khan shared his vision – playfully called his latest “Khan-cept” – at his annual state-of-the-franchise address Tuesday. He unveiled renderings of the revitalized Shipyards, which sits on a barren, city-owned, 48-acre stretch of land that runs along the St. Johns River near EverBank Field.

Khan says, “We see this as a franchise-stabilizing opportunity.”

The proposed venture includes skyscrapers, a marina, a hotel, an amphitheater, a park and a two-story practice facility complete with a covered field.

The billionaire owner offered no estimate about how much the public-private project would cost, nor a timetable for it to begin.