MARCH 13 TO MARCH 19, 2025 | JAXDAILYRECORD.COM
BUSINESS & LEGAL NEWS IN BAKER, CLAY, DUVAL, NASSAU AND ST. JOHNS COUNTIES
DOWNTOWN DEVELOPMENT UPDATE
PROJECTS RISING
INSIDE
More than a dozen projects are under construction or recently completed in Downtown Jacksonville. Here’s a look at where some of them stand. PAGES 4-11 THE MATHIS REPORT
Haskell on move from Northbank to Southbank PAGE 12
REAL ESTATE
FOUR SEASONS HOTEL AND ONE SHIPYARDS PLACE
Photos by Monty Zickuhr
Topping-off was Jan. 17 for One Shipyards Place, the six-story office building under construction by Shad Khan’s Iguana Investments across Gator Bowl Boulevard from EverBank Stadium. Completion is expected in the first quarter of 2026. The 10-story Four Seasons Hotel and Private Residences building is expected to top off this year
Citizens plans to leave Downtown for Southside PAGE 14
and a signature restaurant is in review for the top floor. Also, work is nearing completion on a bulkhead for the new marina, followed by demolition of the old marina. The cost for the vertical construction of both structures totals $254.3 million, growing to almost $260 million with the marina support project.
STADIUM OF THE FUTURE Demolition began in March on EverBank Stadium’s pedestrian bridges, escalators and staircases as the process to transform the facility into the Jacksonville Jaguars’ Stadium of the Future progressed. The $1.4 billion stadium project is on a timeline for completion in August 2028, with the team playing in EverBank at a reduced capacity in 2025 and 2026 before playing in Orlando or Gainesville in 2027.
SPORTS BUSINESS
ASUN bringing tournament here The Atlantic Sun Conference announced it will move its men’s and women’s basketball championships to Jacksonville beginning in 2026. PAGE 17 RETAIL
Spencer’s coming to Town Center The gift shop is planned between Target and Ashley furniture. PAGE 2
SUBSCRIBE NOW!
Only $50/yr. Regularly $75
VISIT JAXDAILYRECORD.COM/SUBSCRIBE Coupon Code: jdr-25-off
Questions: subscriptions@jaxdailyrecord.com
THE BASCH REPORT
More losses at RYAM, but its CEO is hopeful Rayonier Advanced Materials Inc., or RYAM, reports a loss from continuing operations for the sixth straight year, but the CEO says the company “made significant strides in improving profitability.” PAGE 18
REAL ESTATE
Top 10 home sales of the week Ponte Vedra Beach home with Guana Preserve frontage sells for $6.1 million. PAGE 16
VOLUME 112, NO. 18 | TWO SECTIONS | PUBLISHED SINCE 1912