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Jaguars president: TIAA Bank Field upgrades needed before lease extension
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It will pass only if the good old boys on the council get their cut maybe?
A new broom always sweeps clean.
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(12-03-2020, 08:05 PM)enigma Wrote:(12-02-2020, 08:09 AM)The Real Marty Wrote: The problem, if there is one, with Jacksonville, is that there's no "there" there. People drive through Jacksonville on any road in any direction, and they say, "What exactly is this place? Where is everything?" Hey man I'm with you, I hate seeing prime Property wasted as well. And I can understand the allure of living in a city, I've spent a lot of time working in and experiencing a lot of downtowns across this country. I'm not interested in living in one now because of where I am in life, but I get it. My posts were merely reflecting what I believe is true about downtown Jacksonville. As someone else has said in this thread, it will most likely take one or more generations to come and go before Jacksonville FL has a downtown that's attractive to live in. One of the first things I would do, tho, if I were in charge, is send all that industry along Talleyrand up river to Blount Island. That area could grow like Riverside Drive if properly managed and zoned. And sorry, I have no idea who made those upper-level deveopment decisions, that was beyond my pay grade at the time. I just did the statistical analysis of the surveys and reported the results.
"Remember Red, Hope is a good thing. Maybe the best of things. And no good thing ever dies." - Andy Dufresne, The Shawshank Redemption
That twitter thread about the city having to borrow their side of the money so the actual investment is nearly double what it was advertised as is awfully damning. I can't see how this is a wise investment in it's current state.
(12-03-2020, 04:14 PM)JagsFanSince95 Wrote:(12-03-2020, 08:37 AM)homebiscuit Wrote: Of course we'll survive without the Jaguars. However, passing up this opportunity to leverage the visibility and potential for growth an NFL franchise brings to the city is shortsighted and, well, dumb. Plenty of other successful franchises spent decades lost in the wilderness before they achieved notoriety. The Jags are no different. It's my fear if we let the team relocate, Jacksonville will suffer even worse from its label as a backwater hick town. You might be satisfied with that, but many of us aren't. If just a the stadium is the end all, then nothing will happen. The purpose of building other amenities and attractions is to promote growth downtown. Adding these won't change Jacksonville's image overnight, as building Lot J won't instantly develop downtown. It all starts somewhere and this is a great opportunity to do so. We show less advertisements to registered users. Accounts are free; join today! (12-04-2020, 11:10 AM)Talented Kalamari Wrote: What is JAX without the Jaguars? Seriously. A quiet southern town with a nice beach community and a bit more economic diversity than some other parts of Florida. Rather have the Jags then not but not at any cost.
I'm condescending. That means I talk down to you.
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(12-04-2020, 01:06 PM)hb1148 Wrote:(12-04-2020, 11:10 AM)Talented Kalamari Wrote: What is JAX without the Jaguars? Seriously. The problem is it is a nice quiet southern town with an uncomfortably large portion of the population and leadership that is content on being unprogressive. Too many in this town are perfectly content to stew in their own juices of mediocrity while ignoring, and even shunning, potential.
(12-04-2020, 01:13 PM)homebiscuit Wrote:(12-04-2020, 01:06 PM)hb1148 Wrote: A quiet southern town with a nice beach community and a bit more economic diversity than some other parts of Florida. Rather have the Jags then not but not at any cost. Wait, not taking on extra debt to pay for upgrades/investments/development projects for a billionaire is progressive. Honestly IDK why we still argue about lot J. The demand obviously isn’t there and that’s why Khan won’t do it on his own and wants the city to ‘build it and they will come’ for him. He sees the downside and doesn’t think it’s worth going all in on his own. I agree, downtown Jax is not worth the money right now, and building lot J would be forcing the situation. Especially since Khan keeps flirting with moving to London I wouldn’t throw a red penny towards it. Khan is in charge here. If he wants to commit to Jacksonville then maybe I would help with that boondoggle, but anything less than 20+ years and there’s no way I go down that hole, we might never see ROI and basically end up with the orange bowl in Orlando (useless stadium used for random sporting events in a area that nobody really wants to live in). Yes, it's improvement, but it's Blaine Gabbert 2012 level improvement. - Pirkster The Home Hypnotist! Media on the Brain Link! Quote:Peyton must store oxygen in that forehead of his. No way I'd still be alive after all that choking. (12-04-2020, 01:13 PM)homebiscuit Wrote:(12-04-2020, 01:06 PM)hb1148 Wrote: A quiet southern town with a nice beach community and a bit more economic diversity than some other parts of Florida. Rather have the Jags then not but not at any cost. I agree, I'd rather see us continue to progress culturally, economically, etc. But I don't think the town would regress if the Jags left although progress would slow. I like the downtown area, I think it gets a bad rep but it has a lot of room for improvement too. Jags can help that happen. I'm just saying you can't have an open checkbook with no questions asked.
I'm condescending. That means I talk down to you.
Check out the Jag's Forum Alternative: Duval Football Fans. We show less advertisements to registered users. Accounts are free; join today! (12-04-2020, 03:13 PM)HandsomeRob86 Wrote:(12-04-2020, 01:13 PM)homebiscuit Wrote: The problem is it is a nice quiet southern town with an uncomfortably large portion of the population and leadership that is content on being unprogressive. Too many in this town are perfectly content to stew in their own juices of mediocrity while ignoring, and even shunning, potential. Ironic, because Camping World stadium is actually newer than the 'bank.
My fellow southpaw Mark Brunell will probably always be my favorite Jaguar.
(12-04-2020, 04:40 PM)mikesez Wrote:(12-04-2020, 03:13 PM)HandsomeRob86 Wrote: Wait, not taking on extra debt to pay for upgrades/investments/development projects for a billionaire is progressive. Which was also a mistake. If I was mayor of Jax I wouldn’t upgrade anything without a 20 year lease with no option to break or at least a huge penalty like 2 billion dollars. Especially when you are doing 20 years what seems like a big penalty (say the jags 100 million dollar current penalty) can end up actually being small. 100 million wouldn’t stop a move to London if the franchise value would double to over 2 billion. But a 2 billion dollar penalty, that would probably take more than 20 years to pencil out. It would also be a reasonable sign of good faith commitment over a time period I should expect to be able to grow the area around the stadium. Yes, it's improvement, but it's Blaine Gabbert 2012 level improvement. - Pirkster The Home Hypnotist! Media on the Brain Link! Quote:Peyton must store oxygen in that forehead of his. No way I'd still be alive after all that choking. We show less advertisements to registered users. Accounts are free; join today! (12-04-2020, 06:47 PM)HandsomeRob86 Wrote:(12-04-2020, 04:40 PM)mikesez Wrote: Ironic, because Camping World stadium is actually newer than the 'bank. Orlando paid for it with bed taxes. Orlando gets 3 college bowl games plus the Florida classic, that's 4. In a non covid year, the 7 or 8 jags home games drive about as much hotel business as FL-GA and the gator bowl. So there is a symmetry there between Jax and orlando. If the stadium upgrades are paid out of bed taxes and the Lot J upgrades are paid for out of the same or a special improvement district tax, there isn't much real exposure for the ordinary taxpayer. But I think Shad's been getting money out of the general city budget too. That shouldn't continue.
My fellow southpaw Mark Brunell will probably always be my favorite Jaguar.
Who has ownership of it? I know the city will get taxes, but who is taking the profit? It's not the city. I would say the city either loans Khan the money or the city is an investor and takes a split of all revenues.
I would also add if Khan moves the team, the ownership is forfeited to the city (with any outstanding debt paid by Khan) and that clause transfers to all transactions if he were to sell the ownership of Lot J. Sent from my SM-T970 using Tapatalk We show less advertisements to registered users. Accounts are free; join today!
What the NFL owners want in order to expand their revenue base in every city is this. They want fans that travel to the city to see their teams play to stay in their hotels, eat at their restaurants, find entertainment at their places. Well as much of it as they can. This will reduce the economic impact to business other than the team a bit. Most likely that is the hold up in some people's mind.
A new broom always sweeps clean.
(12-04-2020, 01:13 PM)homebiscuit Wrote:(12-04-2020, 01:06 PM)hb1148 Wrote: A quiet southern town with a nice beach community and a bit more economic diversity than some other parts of Florida. Rather have the Jags then not but not at any cost. If by 'progressive', you mean San Fran, Seattle, Portland, Minneapolis, Baltimore, Philly, Detroit, etc, then umm, no thanks.
"Remember Red, Hope is a good thing. Maybe the best of things. And no good thing ever dies." - Andy Dufresne, The Shawshank Redemption
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