Jaguars' $1.4B EverBank Stadium Renovations Approved; New Rendering Photos Revealed
June 25, 2024
The Jacksonville Jaguars and the city of Jacksonville, Florida, on Tuesday reached an agreement approving a $1.4 billion stadium renovation deal.
The Jaguars announced the news Tuesday with new renderings of the stadium, which the team hopes to have completed by the start of the 2028 season.
The City Council approved the renovation with a 14-1 vote with two abstentions, per A.G. Gancarski of FloridaPolitics.com.
The city is now set to contribute $775 million in public funding, while the Jaguars have agreed to provide $625 million.
According to a timeline shared alongside the new renderings, the Jaguars plan to spend the 2024 and 2025 seasons at EverBank Stadium, where the team has played under various arena names since its inaugural 1995 season.
The 2026 season would still be played at EverBank, but with a limited capacity of 43,500 fans, according to the team.
The Jaguars plan to play at an alternate venue, still to be determined, for the 2027 season before making their debut at the new arena in 2028.
The renderings show a fixed roof, which the team hopes will provide shade for fans in a city where game-day temperatures climb to over 100 degrees, as well as the reflective material that will wrap the new stadium.
The original plan for the renovations included the Jaguars and city combining to commit $300 million to "community benefits" including funding for parks and the nearby Eastside neighborhood, per Ric Anderson of the Jacksonville Daily Record.
The city ended up committing $56 million to maintaining riverfront parks, while the Jaguars agreed to pay $119 million into the community over 30 years.
The remaining $125 million will be the subject of another City Council vote when the Jacksonville leaders return from a summer break next month, per Mark Woods of the Jacksonville Florida Times-Union.
The Jaguars said in a statement that they "remain committed to working with the City Council to pass those pieces of the package when they return in July."
Jacksonville isn't the only city making major public funding commitments toward improving NFL venues. The Charlotte City Council voted Monday to approve $650 million in public funding toward the Charlotte Panthers' stadium renovation plan.