Couple of things I've thought about in hindsight.
1) Why the change from a convention center to a four seasons? Weirdly, and someone could correct me if I'm wrong, but wouldn't putting the convention center in the sports district have given us a unique position in the country? I know they have similar districts in places like Philly, but I just mean in terms of the collective gamut of events venues within close proximity - Stadium, ballpark, arena, ampitheater, convention center. Additionally, do four seasons offer anything different to typical hotels from a conferencing/convention stand point?
Particularly with the failure of Lot J to pass, we'd be both insane and hypocritical to build a convention center in the sports district. The reason the Ford on Bay convention center was killed (aside from the cost, the city's utter shock that no one was willing to shoulder the cost to built it for us, and the Jags' harpooning of the procedures) was because a previous DIA study identified a lack of complemeting entertainment uses as a major impediment to Lot J's success.
As Marcus mentioned above, in the absence of Lot J, where are event attendees going to go during the evenings? If you've been to a convention in Kansas City, for example, there's really great synergy between the convention center and Power & Light, which is only like two or three blocks away. In the absence that nightlife component at the Sports Complex, we'd be setting up a convention center to fail.
Minor clarification on future convention center plans:
The DIA has kind of thrown their hands in the air for now, at least until Curry is out.
They've always been operating on a separate (read: public) track as the Curry admin (read: secretive).
The convention center at the Courthouse site was torpedoed by Curry and his secretive talks with the Jags about a Shipyards CC.
The DIA was never in the loop on this, and started discussing the riverfront space between the Landing and Hyatt for an alternative location after the courthouse RFP was abandoned.
When the pandemic crushed conventions, the Jags shifted their focus to the Four Seasons stuff, shelved their plans for a potential CC down the road, and Curry and his team started floating the idea of replacing the jail with a CC sometime down the line.
For stuff like this, and the MOSH, and Lot J, it'd be a faulty assumption to think that anything is being communicated back to the DIA. Instead, a lot of the backdoor Curry/Hughes nonsense has made the DIA's job harder with their existing projects (e.g. RFPing a convention center and having to dismiss all entries; selling Related on a museum-front residential complex only to find out in the press that MOSH is moving to the Northbank, etc.). Pure speculation, but Aundra Wallace (for my money, the best leader the DIA ever had) decided to step down around the same time that Curry started heavily meddling with downtown.
2) The failure to attract an office tenant - As someone pointed out a few posts previously, how on earth did they fail to do this when as cited, theres never been a better time arguably to move to florida and do business?
Different timings. The office tower already had a foot out the door before the covid-19 pandemic came along and all these other businesses started relocating to states like Florida and Texas. Throw in the fact that no business wants to commit to moving into a speculative office tower that may not be ready for move-in for 7 years. Also, throw in the fact that we've squandered the greatest economic boom of our generation and failed to build the type of downtown and supporting infrastructure that would attract these companies.
I've mentioned this before, but what in God's name would have happened had JEA actually selected Lot J for their new headquarters? Cordish's best and final offer showed a construction timeline of less than two years, which is totally at odds with the 7 years listed in the Lot J development agreement.
Ideally, any office tenant at Lot J or the proposed office tower at Met Park would be net new to the area. Extra ideally, all of those Chamber and City trips to London to "drum up business for Jacksonville" would have resulted in an international relocaction/expansion by now.
Conversely however, what is the plan b as an alternative to turning this down? Whats the alternative If anything I see more bureaucracy and red tape with the shipyards given we have the landswap issue on top of the environmental stuff we already had with lot J.
To me, the Shipyards plan is going to be a harder sell to the public than Lot J, even if the price tag is $150 million instead of $249 million. At least with Lot J we ended up with a city-owned public amenity (the Live! venue) that the average citizen could enjoy, would increase quality of life in the city, and would help bring new events to the sports complex and retain the existing ones.
Where's the taxpayer benefit to a Four Seasons hotel that the average citizen will never use (and don't tell me bed taxes), an orthopedic center primarily used by the Jags (like the ones the Vikings and Packers have recently built), and office and residential? It just isn't there. We'll hear the $150 million price tag from the city and the Jags, but the real hidden cost is going to be building a new park to replace Metro Park with, assuming the Feds even agree to the land swap (which is going to be tougher with a new administration coming in). Should come as no shock that the word is that Hughes and the Curry admin have made no friends with the feds on this, and that part of the reason the bill was rescinded to pay back the feds in lieu of a land swap was because the feds aren't convinced we had that contractual right to begin with.
Lori Boyer was supposed to have more info to share on the land swap back in November once the DIA took over, but something tells me we would have heard something by now had the response been, "Sure! Develop that land!"
I think we are now looking at a situation where the team leave. This feels too similar to all the other relocations I've seen down the years. It always starts with a vote being rejected or funding for something being knocked back.
The hope here is that sanity prevails on the Jags' side and guys like Shad Khan and Mark Lamping know deep down that the deal that Curry offered was a shit deal for the taxpayers and that no city in their right mind would accept it. Paul Harden in particular is smart enough to know that Curry tanked this one, rather than the city actively telling the Jags to fuck off.
Goes without saying, but just watching everything that's happened in the aftermath of Lot J, ownership continues to act in a way that suggests they want to make this franchise successful in Jacksonville. Judging by the season ticket deposits, that shouldn't be a problem.
Hasn't there also been talk a bout a NEW stadium? Where does that go? Remove the current one? So bright and shiny development will be next to a multi year construction and demolition zone for several years?
The Jags don't want a new stadium. It really is as simple as that. More specifically, they don't think there's enough untapped revenue in our market specific to our 7-8 regular season home games to justify the cost of a billion dollar stadium replacement. It's going to be a major rehab, like with Hard Rock in Miami, but it's not going to be a rebuild. Things that I've heard they're looking for include:
- Cover from the elements
- Widened concourses
- New press boxes
- Escalators
- New field drainage system that would divert water out of the sports complex for added resiliency
- New electrical system to replace the aging system in place
Here's a quote from Lamping:
"The question is what's the capacity of the market place," Lamping said. "Teams often build new stadiums because they believe there's an untapped river of revenue, and that they just didn't have the facility to take advantage of it. I'm not sure that's the case here. But we have to keep the stadium up to date."
Because the Jags have a smaller fanbase, the goal is going to continue to be trying to drive more 365/24/7 revenue out of that existing fanbase with these ancillary projects.
With Lot J, they played the Curry hard ball game of take it or leave it, and it got left. I have no doubt that if any of Lot J is feasible and gives them a chance to make money, those uses will resurface. Keep in mind, resurfacing could simply mean these similar uses end up in the plan for Metropolitan Park.
I hope you're right, particularly with the Live! component. The reason I'm not sure is because Cordish and the Jags have both insisted that Cordish has no interest in partnering with the franchise on anything below Bay Street. I don't think they want to be involved on the riverfront. Which sucks because the two most exciting, city-beneficial elements of the Lot J proposal were the Live! venue and the Live by Loews hotel. The city could have REALLY benefited from having those dining and entertaining options down by the stadium (particularly in partnership with a successful operator who was contractually committed to maintaining 75%+ occupancy). And having a nice hotel (without the Four Seasons ADR) would have been great for the sports complex as well.
Would really suck to see the Lot J project die entirely.
Was a great project, just needs some tweaks to the numbers.
Part of me wonders if the optics and support would have been better had the Jags had eliminated the $53 million benefit from the breadbox loan, but asked the city to pay for all of the Live! Venue.
So instead of:
- City and Cordish each pay $50 million for Live! City owns, Cordish operates
- City pays $73 million infrastructure
- City pays $53 million grant to help with residential and hotel; developer pays rest
The ask is:
- City funds the $100 million Live! venue; Cordish operates, pays operating costs; guarantees occupancy
- City pays $73 million infrastructure
- Developer pays 100% of costs for residential and hotel
We're still paying more than we should, but I wonder how much better the optics would have been had we positioned the public ask as being solely for the components that would be publicly owned (Live!, infrastructure) and positioned the developer contribution as 100% of the privately owned components (hotel, residential, office, etc.).