OCTOBER 17 TO OCTOBER 23, 2024 | JAXDAILYRECORD.COM
BUSINESS & LEGAL NEWS IN BAKER, CLAY, DUVAL, NASSAU AND ST. JOHNS COUNTIES
Stadium deal OK’d by NFL owners
RESTAURANTS ISSUE
THE
INFLATION FIGHT
“Never doubt Jacksonville,” Jaguars owner Shad Khan said after the $1.4 billion renovation of EverBank Stadium cleared its final hurdle.
Amid rising wages and increased food costs, how Northeast Florida restaurateurs are keeping their businesses profitable.
BY RIC ANDERSON ASSOCIATE EDITOR
PAGE 6 Bill Cissel, RP’s Fine Food & Drink
Rebecca Gonzalez, 1928 Cuban Bistro
The NFL owners group delivered a victory for the Jacksonville Jaguars on Oct. 15, giving final approval to the team’s “Stadium of the Future” deal with the city. In the last step required, the league’s 32 owners OK’d the $1.4 billion stadium agreement on a unanimous vote at the NFL Fall League Meeting in Atlanta. With the vote, the team can proceed toward remaking and modernizing EverBank Stadium by the 2028 season with such features as a partial roof cover, expanded and elevated concourses, a park-like entrance, corner openings to improve airflow and a reflective outer coating designed to reduce interior heat. The deal, which needed support of 24 of the 32 team owners to pass, includes $775 million in SEE STADIUM, PAGE 12
Richard Robinson, Pink Salt
Robert Newell, The Local
John Crispens, Crispy’s
MORE RESTAURANTS INSIDE
Father, daughter team up to open Othello in Springfield
Pecan Craft Kitchen a ‘farm to fire’ concept planned in Julington Creek
Blue opens in the former Bistro X space in San Marco
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CITY GOVERNMENT
Related Group’s high-rise lands city incentives The $202.75 million, 25-story apartment project with a restaurant is planned for the former River City Brewing Co. site on the Downtown Southbank. PAGE 3
INSIDE
Code-named incentives deals: Who they might match PAGE 4 THE BASCH REPORT
From Computer Power to ICE A mortgage technology company that dominates its field has been entrenched in Jacksonville for almost 60 years. PAGE 16 REAL ESTATE
Top 10 home sales of week
Intracoastal Waterway two-story home with a pickleball court sold for $4.25 million. PAGE 18
VOLUME 111, NO. 49 | TWO SECTIONS | PUBLISHED SINCE 1912