The 2010s was a busy decade for development in the Jacksonville area. It saw major expansion at and around the Town Center, several new projects in Brooklyn and LaVilla, and several urban core restoration and revitalization projects.
The upcoming decade is likely to continue the trend of construction and expansion, with several new development projects expected to kick off next year and others – such as the Shipyards redevelopment and Florida Theatre renovations – are slated for later on in the decade.
For now, the focus is on 2020. What proposed projects are expected to begin construction? What new projects will be revealed?
We’ve highlighted five key projects that you’ll likely hear about frequently in 2020 – most of which are also likely to begin construction in the new year. Once completed, these projects will help shape modern-day Jacksonville in the same way this past decade’s major projects did.
2020 is the year when things should get rolling on Shad Khan and the Jaguars’ development plans for the Lot J parking lot at TIAA Bank Field.
Khan and the city agreed earlier in the year on an incentives package in which the city would provide up to $233 million for the $450 million project. As currently proposed, Khan and The Cordish Companies would construct a multi-use development featuring a Live! Entertainment complex, a 200-room hotel, and a 300-unit apartment building along with a parking structure to replace the existing Lot J spaces.
The Hart Bridge expressway ramps adjacent to Bay Street will be demolished at the beginning of the year to accommodate the project, and Khan has indicated that he expects work on Lot J to begin during the first half of the year as well. Construction will likely last well into 2021, but it’ll certainly be nice to see progress on a major phase of Khan’s vision for the sports district.
