An attorney for Shad Khan’s development company, Iguana Investments Florida LLC, confirmed last week that the Four Seasons hotel chain has signed on to the project on the Downtown riverfront.
“We are now thrilled to say, definitively, that Four Seasons is signed up on the project,” said Cyndy Trimmer, partner attorney with Driver, McAfee, Hawthorne & Diebenow.
The Four Seasons is a luxury hotel chain with properties around the world. Its presence in Jacksonville would be a major coup for Khan and his development team.
The riverfront project is a mixed-use development that will include a hotel, apartments, office space, and retail. It is located on a 12-acre site on the west bank of the St. Johns River.
The project has been in the works for several years, and it has faced some challenges along the way. However, the confirmation of the Four Seasons as a tenant is a major step forward for the project.
The hotel is expected to be completed in 2025. It will have 250 rooms and suites, as well as a spa, fitness center, and rooftop pool.
The riverfront project is expected to have a significant economic impact on Jacksonville. It is estimated to create more than 1,000 jobs during construction and more than 500 permanent jobs once it is completed.
The project is also expected to generate millions of dollars in tax revenue for the city.
The confirmation of the Four Seasons as a tenant is a major victory for Khan and his development team. It is a sign that the project is moving forward and that it has the potential to be a major success for Jacksonville.
Here are some additional details about the project:
- The total cost of the project is estimated to be $1 billion.
- The hotel will be 25 stories tall and will have 250 rooms and suites.
- The project is expected to create more than 1,000 jobs during construction and more than 500 permanent jobs once it is completed.
- The project is expected to generate millions of dollars in tax revenue for the city.
The riverfront project is a major development for Jacksonville. It has the potential to transform the city’s skyline and create a new destination for residents and visitors alike. The confirmation of the Four Seasons as a tenant is a major step forward for the project and a sign that it is moving in the right direction.