Jacksonville, Florida media news: The deadline for Shad Khan's Iguana Development to negotiating a deal with the city for land across from TIAA Bank Field appears to have expired, leaving the project in limbo once again.

The mayor's office withdrew the bill on Tuesday, with Chief of Staff Brian Hughes saying "the bill is no longer necessary."

  • The deadline for Shad Khan's Iguana Development to negotiating a deal with the city for land across from TIAA Bank Field has expired
    Aerial renderings of the Jacksonville Jaguars and Iguana Investments planned Shipyards development.
  • The deadline for Shad Khan's Iguana Development to negotiating a deal with the city for land across from TIAA Bank Field has expired
    Aerial renderings of the Jacksonville Jaguars and Iguana Investments planned Shipyards development.

Plans had included the right to build 400 marina slips, 662 residential units, 100,000 square feet of commercial space, 1 million square feet of office space, and 350 hotel rooms. The plans unveiled in 2017 — which Khan said would "bring Jacksonville back to life downtown" — included a Four Seasons hotel and a mixed-use development connected to the Daily's Place amphitheater.

Downtown Investment Authority CEO Lori Boyer told the Florida Times-Union that the DIA must now re-open a competitive selection process for the property.

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