Price tag for Jaguars futuristic stadium expected to be at least $1.3 billion, president says

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Price tag for Jaguars futuristic stadium expected to be at least $1.3 billion, president says
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There was a buzz in the city after the Jacksonville Jaguars released plans for a futuristic stadium remodel.

It is something many are excited about. And it’s not just the stadium. If approved, the changes would impact downtown and the Eastside of the city.Any change to the stadium and surrounding area is going to take a lot more negotiating and a lot of money, possibly up to $2 billion for all of it and possibly half of that coming from the taxpayer.

A new sports district development, in the mold of Lot J, could possibly be folding into the deal and cost between $550 and $668 million, placing the combined cost between $1.75 and $2.068 billion. Over the years there have been plenty of upgrades at the stadium, including massive video boards, swimming pools and an amphitheater, but the new plans basically call for a complete makeover.“Fans will enter through a tropical Floridian park into the concourse now raised 30 feet above ground level, providing unmatched views to the city in the water. Using state-of-the-art materials and the latest technology, a shade canopy will reduce the heat factor by 70%, protecting fans from the elements.

For people and businesses in the Eastside neighborhood around the stadium, the upgrade would be major.

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