Two weeks after issuing a construction permit for Jacksonville Jaguars owner Shad Khan’s office building, the city approved one May 22 for his Four Seasons Hotel & Residences at a cost of $215.1 million.
The combined project for the vertical construction totals $254.3 million.
Khan is building the Four Seasons on 5.1 acres at 1406 E. Bay St. in the Downtown Shipyards near EverBank Stadium.
The 10-story Four Seasons Hotel & Residences consists of 170 hotel guestrooms and 26 residential units on about 4.8 acres. There will be a spa, restaurants, ballrooms, bars, pools and other amenities.
The project comprises about 543,000 square feet of interior space for the hotel and residences and 124,000 square feet of exterior space, which includes the garage.
Site work for the hotel and office building began in late 2022 followed by foundation work in summer 2023.
PCL Construction LLC of Orlando is the contractor for the structure. HKS Architects of Coral Gables is the architect.
Shipyards Hotel Jacksonville LLC, led by Khan’s Iguana Investments Florida LLC, is the developer.
The city issued a permit May 9 for Khan’s development company to build its six-story office building at the Downtown Shipyards at a construction cost of almost $39.2 million.
Shipyards Office LLC, also led by Iguana Investments, is the developer.
The six-floor office building is designed with 132,493 square feet of enclosed space and 10,185 square feet of unenclosed space on 1.05 acres on the Northbank riverfront near EverBank Stadium.
PCL Construction started site work in November 2022. The city approved foundation permits in June 2023 for a combined $1.4 million.
The foundation for the Four Seasons is $1.2 million and $200,000 for the office building.
The permits follow those issued in November and December 2022 to clear the site and demolish a former marine fire station there, remove gantry rails and other work.
In January 2023, Jacksonville City Council approved a redrafted $129.75 million incentives deal for the hotel, condominiums, office building, a city-owned marina support building and a public marina.
The city also is reviewing civil engineering plans for a third component of the Downtown Jacksonville Shipyards development.
Iguana Investments Florida LLC, filed those plans May 15 for the marina support building, event lawn and Riverwalk on about 1 acre next to the hotel and office building.
The cover sheet gives the Iguana address as 5 Shipyards Place at the Northbank riverfront site near EverBank Stadium. The Jaguars offices are expected to move into the building from EverBank Stadium, which is expected to be renovated starting next year.
Jacksonville-based England-Thims & Miller Inc. is the civil engineer.
The master site plan shows a waterfront marina support building and restaurant with outside dining south of an event lawn.
The lawn is south of the office building. The lawn and marina are west of the Four Seasons.
The marina fronts proposed Riverwalk improvements.
Construction of the Shipyards projects continue as the Jacksonville City Council begins reviewing a proposed agreement between the city and the Jaguars to build and maintain EverBank Stadium as the team’s “Stadium of the Future.”
Terms call for the city to contribute $775 million comprising $625 million for construction and $150 million for deferred maintenance and capital improvements. The Jaguars would match the city’s $625 million in funding for construction.
