FRIDAY April 19, 2019
Lori Boyer interviewed for DIA CEO job PAGE 3
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Daily Record JACKSONVILLE
JAGUARS STATE OF THE FRANCHISE
A $500 million plan for Lot J Daily Record
Development timeline not defined but elevated highway and Hart Bridge ramp removal will begin next year following the Jaguars’ regular season.
JACKSONVILLE
Daily Record Daily Record JACKSONVILLE
BY MIKE MENDENHALL STAFF WRITER
The Jacksonville Jaguars announced Thursday the franchise and its Baltimore-based Cordish Companies partners are moving forward with $500 million in development projects in Lot J, the parking lot on the southwest side of TIAA Bank Field. Jaguars President Mark Lamping made the announcement during the Jaguars annual State of the Franchise presentation. The new plans for the Lot J site now include an arena outdoor live entertainment venue, a 200-room boutique hotel, a 300-unit residential tower and an office building. Lamping said the design is not complete,, but he compared Lot J plans to Cordish sites in St. Louis and the Power and Light District in Kansas City, which include upscale residential towers and an outdoor courtyards-style entertainment stage surrounded by multi-level bars and restaurants. Lamping and team owner Shad Khan did not announce potential tenants for the Lot J office building, but Lamping told members of the media after the presentation the partnership does have a hotel operator and anarena operator ready to take on the space.
JACKSONVILLE
THE LATEST LOT J VISION At the Jaguars State of the Franchise on Thursday, the team showed this plan of the Lot J area on the west side of TIAA Bank Field and Daily’s Place. The Cordish Companies is working with the team on the project.
Photos by Monty Zickuhr
SEE JAGUARS, PAGE 3
Jaguars President Mark Lamping and team owner Shad Khan talk with reporters after the State of the Franchise presentation.
Fed bank president: ‘Let the economy just cruise anyway it wants to go’ Raphael Bostic tells Economic Roundtable business feedback is more important to him than inflation numbers.
BY MARK BASCH CONTRIBUTING WRITER
In the eyes of many financial experts, targets set by the Federal Reserve Board have an oversize impact on the direction of the
U.S. economy. But as far as Federal Reserve Bank of Atlanta President Raphael Bostic is concerned, the economy functions better when the Fed steps back from overemphasizing numbers.
“Let the economy just cruise anyway it wants to go,” Bostic said Thursday at an Economic Roundtable of Jacksonville luncheon at the Jacksonville branch of the Atlanta Fed. The Fed does try to guide the
economy toward certain targets, such as a steady 2% inflation rate, he said. However, Bostic is more concerned about the feedback he gets SEE BOSTIC, PAGE 2
Happy Grilled Cheese expanding The Happy Grilled Cheese intends to open a second storefront. Beginning as a food truck and opening its first brick-and-mortar restaurant Downtown, The Happy Grilled Cheese intends to lease in Mandarin at 9965 San Jose Blvd. in the Merchants Walk shopping center. Director of Operations Brittny Lowrey said there is no specific opening date. Merchants Walk landlord Hakimian Holdings said The Happy Grilled Cheese will take the 1,200-square-foot space formerly occupied by Blue Pacific Tacos.
VOLUME 106, NO. 109 • ONE SECTION