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Shad Khan scores Shipyards/Riverfront redevelopment for second time
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Shad Khan scores Shipyards/Riverfront redevelopment for second time

Shad Khan scores Shipyards/Riverfront redevelopment for second time
Photo Credit: News | WJAX
Jaguars President Mark Lamping says if their proposal is selected, he imagines there would be a few months of negotiations before work could begin.

Shad Khan scores Shipyards/Riverfront redevelopment for second time

Just shy of two years after Shad Khan’s development team was given the greenlight to negotiate their vision for redeveloping the Jacksonville Shipyards, the same team has scored the top spot for the property once again.

As the City rebooted its effort to redevelop the Shipyards and Northbank Riverfront, three proposals were submitted- one from Wess Holdings, LLC; one from Presidium Group, LLC; and one from Iguana Investments Florida, LLC. WOKV dug through the full bids to find the redevelopment plans ranged from $350 million to $1 billion. After an evaluation committee scored the bids, the plan put forward by Iguana Investments Florida- which is led by Jacksonville Jaguars owner Shad Khan- came in on top. 

GALLERY:Shad Khan’s new plan to redevelop the Jacksonville Shipyards and Riverfront

The special evaluation committee recommended Khan’s proposal be advanced because it scored highest among the three bids. The full Downtown Investment Authority voted Tuesday to allow their CEO to begin negotiations with Khan’s team.

“Outstanding ideas in all three of the proposals, and we’re thankful that we were chosen, and now we get to move to the next step,” says Jaguars President Mark Lamping. 

Khan’s vision for Downtown stays true to his prior “Live. Work. Stay. Play.” pitch. His aim is to create an atmosphere around the stadium that the City and Jaguars both benefit from. In addition to residential and park space, the plan calls for a luxury hotel that connects to the stadium through a pedestrian tunnel and a pedestrian and bicycle bridge park, similar to the High Line in New York. 

The DIA CEO Aundra Wallace will lead negotiations with the development team. While Iguana has asked for an “expedient” process, Wallace says the DIA allowed up to 18 months to get a term sheet approved by the DIA and a Redevelopment Agreement approved by the City Council.

These negotiations are where the last redevelopment effort stalled, Iguana easily won the last solicitation, but lengthy negotiations with Wallace and the City’s team never reached an agreement. Khan competed at the time against two other bids, but neither submitted the required paperwork to show the vision, backing, and ability to follow through with the project, so the scoring put his proposal as the clear winner. This time around, Wallace says the competing bids were much stronger, but it comes down to who can pull this off.

“Who’s going to have the financial pocket to actually get the project done, and who has various different experiences of some of the elements that are being proposed,” he says. 

The scoring showed the tighter race, but Khan’s plan led all categories- proposal team qualifications, redevelopment vision, and financial offer and capacity. Overall, Iguana scored 85.5, Presidium Group scored 66.8, and Wess Holdings scored 52. 

“I’d like to think no one believes in the potential of Jacksonville as much as I do, so today’s news is both gratifying and rewarding to me, as well as to everyone within our organization who shares my vision for the future of the Shipyards and the rebirth of our downtown,” says a statement from Khan.

Several DIA Board Members had questions and concerns about some elements of the Iguana plan- will there be private marina space, should the City be responsible for paying the environmental cleanup, how much residential space is built in, etc. Wallace took their concerns, and noted that everything is subject to negotiations at this time. Some also weren’t confident the project should be given certain waivers, zoning exemptions, or other regulatory passes- although Lamping says things like that are key for them being able to keep the project on time and budget. The first thing that he will aim to accomplish in the negotiation is understanding exactly how much the City would be responsible for funding.

“If this project is going to take place, it’s going to be a public/private partnership,” Wallace says.

He is comfortable that the development team has the financial backing, and now the City will have to figure out how to leverage public dollars to bring that to the table.

During the last bid process, the City was only seeking to redevelop the Shipyards land. This renewed effort includes more of the Riverfront, through to Met Park, totaling about 70 acres. Although Khan’s prior redevelopment effort stalled, he was able to bring some of the notable attractions out of the plan and in to Downtown- specifically, he and the City partnered on building an amphitheater and covered flex field next to EverBank Field, where the Jaguars play. 

Because of projects like that, Lamping hopes people are able to see their commitment to actually getting this project done.

“I wouldn’t blame people for being skeptical, because I think it’s been 40 years since any development in the Shipyards. I guess, if you’re looking for rays of sunshine or reasons to be optimistic, see how quickly things have changed at EverBank Field since Shad bought the team,” Lamping says.

Presidium’s vision centered around a Sea Glass Tower, which the development team says would be the tallest building in the state. It would have dining options and an observation deck. The rest of the development fills in with other attractions early on, like an Aquarium and Fine Art Museum, then follows with residential and hotel space, and ultimately a convention center as well. Wallace says this proposal shared a lot of common ground with Iguana’s proposal, but he didn’t have documented proof that convinced him the team had the financial backing and experience needed for a project of this scale. Presidium’s redevelopment was estimated at $1 billion.

Wess Holdings includes some of the mixed-use development features sought by the City, but their more driven by the central concept of a “Jobs Factory”. The hallmark of this plan is to create an environment where people of all backgrounds can pitch and test a business idea. The development team says they have backing that allows them to vet these ideas and then connect the entrepreneurs with the resources and direction they need to grow, as part of building a broader “Innovation District”.

Wallace said he’s interested in sitting down with the Wess Holdings group to speak more about this innovation district concept. He wants to explore the possibility of something like this, but in another part of Downtown.

Wallace says he will now work with Jacksonville Mayor Lenny Curry’s Chief Administrative Officer Sam Mousa and Finance Director Mike Weinstein to figure out the financing and specific project details. The first step is getting all parties to commit to a terms sheet, that would then be approved by the DIA. A Redevelopment Agreement would then be formed from that, and would need to be approved by the City Council. The DIA has allowed 18 months for this process.

Once an agreement is in place, Iguana says the first phase of their project could be open in 18 months.

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Live updates for Saturday, March 28, continue below: Instacart employees plan strike over safety fears Update 10:17 p.m. EDT March 28: Instacart employees are planning to strike Monday over fears that they are exposing themselves to risk of the coronavirus and are not being adequately protected or compensated by their company. “Instacart has a well established history of exploiting its Shoppers, one that extends years back before our current crisis,” Instacart employees and Gig Workers Collective, an activist organization, wrote in a letter posted on Medium. “Now, its mistreatment of Shoppers has stooped to an all-time low. They are profiting astronomically off of us literally risking our lives, all while refusing to provide us with effective protection, meaningful pay, and meaningful benefits.” Employees are asking for an additional $5 on each order and personal protection equipment provided at no cost, including hand sanitizer and disinfectant sprays. It not unclear how many employees would participate. More than 200,000 people work as shoppers for the company, The New York Times reported. The company had plans to hire thousands more amid demand for delivery while people are quarantined and isolating. Instacart announced earlier this week new safety guidelines and said it would increase bonuses for its shoppers and extend sick and quarantine pay. “The health and safety of our entire community – shoppers, customers and employees – is our highest priority,” the company said in a statement, KNTV reported. 66 residents at Maryland nursing home test positive for virus Update 9:07 p.m. EDT March 28: A coronavirus outbreak has doubled the cases in Maryland after 66 residents at a nursing home tested positive for the deadly virus. 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Trump said the ship would not treat patients with coronavirus, but will provide aid for people with other urgent care needs, CNN reported. “Their mission will be to care for New Yorkers who do not have the virus but who require urgent care,' Trump said. “In other words, they’ll be using this, people will be coming out of hospitals who don’t have the virus and they’ll be on this ship where they have great operating rooms and great facilities and the places in-bound, on land will be where people that have the virus will be.” RI governor confirms 2 deaths, issues stay-at-home order Update 2:06 p.m. EDT March 28: Rhode Island Gov. Gina Raimondo confirmed the first two deaths in the state and issued a stay-at-home order, telling citizens they could still make necessary trips for food, gasoline or medicine, the Providence Journal reported. Raimondo also ordered anyone entering the state by any means to self-quarantine for 14 days, she said at a news conference. The governor also said all “non-essential” retail outlets will close Monday until April 13, “These are the first deaths and certainly will not be the last two,” Raimondo said. “This is for me and for all of us, this a reminder of the stakes that we face.” Kansas gov. Kelly issues stay-at-home order Update 1:32 p.m. EDT March 28: At a news conference, Kansas Gov. Laura Kelly issued a stay-at-home order for the state beginning Monday at 12:01 p.m. “As we speak, well over half of Kansas’ population falls under a local stay at home order of some kind. Even without the executive order I’m issuing today, Kansas’ most populous counties have already issued local state orders to their communities,' Kelly said at the news conference. “As governor, I left these decisions to local health departments for as long as possible. But the reality is that a patchwork approach is a recipe for confusion in our statewide fight to slow the spread of coronavirus that statewide uniformity will ensure. We’re all playing by the same rules, and it would help prevent an influx of new cases for local health departments, many of which are already stretched to max.” Cuomo: NY presidential primary moved to June 23 Update 12:39 p.m. EDT March 28: New York Gov. Andrew Cuomo said during a news conference that the state’s presidential primary, scheduled for April 28, will be postponed until April 28. Cuomo said the prospect of many people congregating to vote in April was not wise. “I don’t think it’s wise to be bringing a lot of people to one location to vote,” Cuomo said. “A lot of people touching one doorknob, a lot of people touching one pen, whatever you call the new device on the ballots.” Cuomo also extended the tax filing deadline in the state to July 15. “This is good news for individuals, for businesses. You don’t have to file your state tax return. You file it with the federal tax return on July 15,' Cuomo said. “It’s bad news for the state of New York on a parochial level. That means we receive no revenue coming in until July 15.' UN to donate 250K protective masks to hospitals in NYC Update 12:29 p.m. EDT March 28: United Nations Secretary General, Antonio Guterres said the organization will donate 250,000 protective face masks to medical facilities in New York City, CNN reported. The masks will be given to medical professionals “who have been working courageously, selflessly, and tirelessly in response to the spread of COVID-19 across the boroughs in the hope that they play some small role in saving lives,” Guterres said in a statement Saturday. UK death toll tops 1,000; Johnson tweets, ‘We’ll beat this' Update 11:02 a.m. EDT March 28: The death toll from the coronavirus in the United Kingdom passed the 1,000 mark, according to figures released by the country’s Department of Health and Social Care. That is an increase of 260 people, with the total at 1,019, according to the BBC. On Saturday, British Prime Minister Boris Johnson tweeted, “We’re going to beat it, and we’re going to beat it together.' Johnson tested positive for coronavirus Friday. “Thank you to everybody who’s doing what I’m doing, working from home and stopping the virus spreading from household to household,' Johnson tweeted. Death toll surges in Spain, Italy Update 9:31 a.m. EDT March 28: Spain and Italy reported record numbers in the death tolls in their countries. Spanish officials reported 832 new deaths in the past 24 hours, bringing its total to 5,690, The New York Times reported. Spain also reported that 12,248 people have recovered from the virus, the newspaper reported. Italian officials said 969 people have died in the past day, bringing its total to 9,134, the Times reported. Trump approves Michigan’s request for disaster relief Update 9:31 a.m. EDT March 28: The White House announced Saturday that President Donald Trump approved Michigan’s request for a disaster declaration. “Yesterday, President Donald J. Trump declared that a major disaster exists in the State of Michigan and ordered federal assistance to supplement state, tribal, and local recovery efforts in the areas affected,” the White House said in a statement. The declaration means federal funding is available to state and eligible local governments, the statement said. Certain private nonprofit organizations also will be eligible for emergency protective measures, including direct federal assistance, for areas in Michigan impacted by coronavirus. South Korea says 3 test-kit makers win FDA preapproval Update 8:42 a.m. EDT March 28: South Korea’s foreign ministry said three test-kit makers in the country have won preapproval from the U.S. Food and Drug Administration. The move paves the way for kits to be sent to the United States, The New York Times reported. The ministry did not name the manufacturers but said the preapproval, under emergency use authorization, allowed the products to be sold in the United States, the newspaper reported. Global coronavirus deaths top 28K, worldwide cases near 608K Update 7:35 a.m. EDT March 28: The global death toll attributed to the novel coronavirus hit 28,125 early Saturday, according to a Johns Hopkins University tally. 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Japanese PM warms of ‘explosive spread’ of coronavirus threatening urban hubs Update 7:20 a.m. EDT March 28: Japanese Prime Minister Shinzo Abe issued a stern warning during a Saturday news conference, urging citizens to prepare for a “long-term battle” as the novel coronavirus threatens an “explosive spread” across the country. The Washington Post, citing Japanese media coverage of the news conference, reported Abe said cases of unknown origin are spiking, especially in the urban hubs of Tokyo and Osaka. “An uncontrollable chain of infection could lead to explosive spread somewhere,” he said. Abe’s comments came one day after Japan recorded its largest single-day spike in new cases of 123, bringing the nationwide total to 1,499 and 49 deaths. Nearly half of those newest cases were detected in Tokyo. New coronavirus cases spike in South Korea following steady decline Update 5:13 a.m. EDT March 28: Following a week of significantly decreased volume, South Korea reported a spike of 146 new coronavirus infections on Saturday. According to the nation’s Center for Disease Control and Prevention, the new cases bring South Korea’s total infections to 9,478, but Friday’s uptick stood in stark contrast to the fewer than 105 cases reported each day for the past week. On a more positive note, the country’s CDC confirmed only about 4,500 coronavirus patients remain isolated for treatment, while more than 4,800 patients have been deemed recovered and discharged from isolation. Italy’s coronavirus cases surpass those in China Update 5:07 a.m. EDT March 28: The number of confirmed novel coronavirus cases in Italy has reached 86,498, making it the second nation in as many days to surpass China’s total of 81,946. The United States eclipsed China’s infection total on Thursday – and currently reports slightly under 105,000 confirmed cases – but Italy’s death toll continues to climb as the outbreak ravages Europe.  Health officials confirmed 969 virus-related deaths in Italy on Friday, alone, making it the largest single-day death toll recorded by an country since the pandemic began. To date, the nation has reported a total of 9,134 fatalities, followed by Spain with 5,138 deaths and China with 3,295. U.S. Navy locks down Yokosuka base after sailors test positive for coronavirus Update 3:31 a.m. EDT March 28: The U.S. Navy has ordered a lockdown of its Yokosuka base after recording its second and third cases of novel coronavirus on Friday. The strategic Pacific base houses the Seventh Fleet. In a video posted to Facebook, Yokosuka Capt. Rich Jarrett encouraged residents on base to remain in their quarters “maximum extent possible.” “This is not a time to do lawn maintenance, take the dog for a long walk or go for a run. Time outdoors should be for necessities only and should be conducted as quickly as possible,” Jarrett posted in a Saturday morning update. Ginnie Mae poised to ease mortgage firms’ coronavirus fallout Update 3:18 a.m. EDT March 28: Mortgage firms are bracing for the crunch when borrowers begin falling behind on their payments, and Ginnie Mae sits poised to assist them in weathering the financial fallout of he novel coronavirus pandemic, The Wall Street Journal reported. Ginnie Mae, which already guarantees more than $2 trillion of mortgage-backed securities, told the Journal late Friday it will help companies such as Quicken Loans Inc. and Mr. Cooper Group Inc. with their anticipated cashflow interruptions. The agency will leverage a program typically reserved for natural disaster response. 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Of the confirmed deaths, 519 have occurred in New York, 175 Washington state and 119 in Louisiana.  In terms of diagnosed cases, New York remains the hardest hit with at least 44,635 confirmed cases – more than five times any other state – followed by New Jersey with 8,825 and California with 3,801. Five other states have each confirmed at least 3,000 novel coronavirus cases, including: • Washington: 3,723, including 175 deaths • Michigan: 3,657, including 92 deaths • Massachusetts: 3,240, including 35 deaths • Florida: 3,192, including 45 deaths • Illinois: 3,026, including 34 deaths Meanwhile, Louisiana, Pennsylvania and Georgia each has confirmed at least 2,000 novel coronavirus infections, while Colorado, Texas, Connecticut, Tennessee and Ohio each has confirmed at least 1,000 cases. The figures include 21 people aboard the Grand Princess cruise ship and 49 repatriated citizens. The repatriations include 46 sickened aboard the Diamond Princess cruise ship and three others retrieved from the outbreak’s epicenter in Wuhan, China. CNN’s state-by-state breakdown – including presumptive cases – of at least 101,242 cases detected on U.S. soil is as follows: • Alabama: 638, including 3 deaths • Alaska: 69, including 1 death • Arizona: 665, including 13 deaths • Arkansas: 386, including 3 deaths • California: 3,801, including 78 deaths • Colorado: 1,734, including 31 deaths • Connecticut: 1,291, including 27 deaths • Delaware: 163, including 2 deaths • District of Columbia: 267, including three deaths • Florida: 3,192, including 45 deaths • Georgia: 2,198, including 65 deaths • Guam: 49, including 1 death • Hawaii: 120 • Idaho: 230, including 4 deaths • Illinois: 3,026, including 34 deaths • Indiana: 981, including 24 deaths • Iowa: 235, including 3 deaths • Kansas: 202, including 4 deaths • Kentucky: 302, including 7 deaths • Louisiana: 2,746, including 119 deaths • Maine: 168, including 1 death • Maryland: 774, including 5 deaths • Massachusetts: 3,240, including 35 deaths • Michigan: 3,657, including 92 deaths • Minnesota: 398, including 4 deaths • Mississippi: 579, including 8 deaths • Missouri: 670, including 9 deaths • Montana: 109, including 1 death • Nebraska: 89, including 2 deaths • Nevada: 535, including 10 deaths • New Hampshire: 187, including 2 deaths • New Jersey: 8,825, including 108 deaths • New Mexico: 191, including 1 death • New York: 44,635, including 519 deaths • North Carolina: 763, including 3 deaths • North Dakota: 68, including 1 death • Ohio: 1,137, including 19 deaths • Oklahoma: 322, including 8 deaths • Oregon: 414, including 12 deaths • Pennsylvania: 2,218, including 22 deaths • Puerto Rico: 64, including 2 deaths • Rhode Island: 203 • South Carolina: 539, including 13 deaths • South Dakota: 58, including 1 death • Tennessee: 1,203, including 6 deaths • Texas: 1,731, including 23 deaths • U.S. Virgin Islands: 19 • Utah: 480, including 2 deaths • Vermont: 184, including 10 deaths • Virginia: 604, including 14 deaths • Washington: 3,723, including 175 deaths • West Virginia: 96 • Wisconsin: 842, including 13 deaths • Wyoming: 70
  • Columbia Sportswear CEO Tim Boyle has cut his salary to $10,000 while employees will continue to receive their regular pay. At least 10 other top executives took a voluntary 15% pay cut, The Oregonian reported. The company’s nearly 3,500 employees are receiving their regular paychecks through a “catastrophic pay” program while its stores are closed amid the coronavirus outbreak. The stores closed March 16 and will remain shuttered at least another two weeks. Boyle was paid $3.3 million in total compensation in 2018, The Oregonian reported. Earlier this week, Wayne Kent Taylor, CEO of the Texas Roadhouse restaurant chain, said he would give up his salary. In 2018, his total compensation was $1.3 million.
  • A group of protesters ignored a stay-at-home order so they could gather in front of a North Carolina women’s clinic. The city of Charlotte received complaints Saturday morning about people possibly not following Mecklenburg County’s stay-at-home order. There was a protest at a preferred women’s health center in the Grier Heights neighborhood. “They’re putting our first responders at risk if they have to show up,” Charlotte Mayor Pro Tem Julie Eiselt said. “I just think it’s unconscionable. You can agree or disagree with reproductive health care, but it doesn’t matter. It’s legal. It’s deemed an essential business.”
  • Starting Saturday, the federal drive-thru coronavirus testing site at Lot J at TIAA Bank Field will be waiving the fever requirement. Previously, patients who wanted to be tested had to have an on-site temperature of 99.6 degrees or higher. Instead, patients will only need to exhibit respiratory symptoms or be a first responder or healthcare worker who has direct contact with patients.  While a doctor’s order and appointment are not required, you will be evaluated by a medical professional on site. If you don't meet the requirements, you will not be tested.  If you wish to be tested, you need to follow the following rules:  • Bring your own pen  • Bring a photo ID (first responders and healthcare professionals should bring a work ID)  • Refrain from taking any fever-reducing medicine four to six hours before testing  • Remain inside of vehicle at all times  A maximum of four people per car can be tested.  With long lines expected around the stadium, drivers coming from the Westside should use Bay Street, while drivers coming from the Eastside should use Gator Bowl Boulevard. The site is open from 9 AM to 5 PM, 7 days a week.

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