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Analysis, scoring phase begins to figure out who should redevelop the Shipyards and riverfront
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Analysis, scoring phase begins to figure out who should redevelop the Shipyards and riverfront

Analysis, scoring phase begins to figure out who should redevelop the Shipyards and riverfront

Analysis, scoring phase begins to figure out who should redevelop the Shipyards and riverfront

City leaders are moving forward with the next step to determine who should get the chance to redevelop the shipyards and riverfront property.

A timeline was set Monday during a brief meeting at City Hall for the three-member evaluation committee of the Downtown Investment Authority, or DIA.


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The three members are DIA CEO Aundra Wallace, DIA board member Ron Moody, and Director of Public Works John Pappas. They received packets containing all three proposals so they can review and score them and provide analysis.

Action News Jax first reported two weeks ago how Shad Khan’s investment group, Iguana Investments, again put its name in for consideration , but there’s stiff competition.

Presidium Group’s Sea Glass by the Shipyards Vision and Wess Holdings'  Jax One Innovation District have also submitted proposals.

“We've weighed heavily the redevelopment vision that's up to 45 points. We are certainly going to be looking at that, certainly the financial capacity and offer. We're going to be looking at that, as well as the development team,” Wallace said.

The financial offering and capacity will be weighted for 35 points and the development team qualifications and experience could receive up to 20. The maximum amount of points is 100.

Wallace said he’s “highly anxious” to get the review process started and, while he’s hasn’t reviewed the proposals yet, he had confidence in the ones before him.

“Looking at the body, the body of work that all three entities have done beforehand, the capacity level seems to be there under this particular round of proposals,” Wallace said.

Wallace warned, however, that the process will be lengthy.

“It is not going to take place overnight. No matter what takes place, we still have the environmental cleanup,” said Wallace.

All three proposals have different visions for the roughly 70-acre property, which includes Metropolitan Park.


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“Making sure that the visions are in line with what we've set forth in a business and investment plan that the Downtown Investment Authority has approved,” said Wallace. “The sooner we're able to get to some type of decision and get moving, the better we are for Jacksonville.”

Action News Jax asked Wallace about the Berkman II, an eyesore that has plagued the Jacksonville skyline for years and sits only steps away from the shipyards property.

While Wallace said he’s not concerned about it now, he said it’s something that needs to be addressed at some point.

“Once we clearly understand what these redevelopment visions are, I think that moving forward there's some attention that'll need to be paid to Berkman II,” said Wallace.

April 12 is the deadline for the evaluation committee to submit its recommendations before presenting its findings at the DIA board meeting on April 19.  

SEE PHOTOS OF SHAD KHAN'S VISION FOR THE SHIPYARDS BELOW:

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