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Jacksonville Daily Record 10/17/24

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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


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