Riverfront Plaza is one of three riverfront parks planned in Downtown Jacksonville. | Jacksonville Daily Record
Published on September 5, 2024 at 2:07 pm
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A City Council committee that raised concerns over the cost of three riverfront parks voted Wednesday to reduce their price tag about 10%. Some committee members expressed frustration over what they described as being “handcuffed” to cost increases brought on by designs the council did not approve.
The Finance Committee discussion on Riverfront Plaza, Shipyards West Park and Metropolitan Park ended with funding for the parks being cut by $20 million and with members calling for city administrators to keep the council better informed about escalations in the costs of big-ticket projects.
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Development of all three of the Northbank parks is part of the city’s community benefits agreement with the Jacksonville Jaguars, a companion to the $1.4 billion deal between the city and team to turn EverBank Stadium into the Jaguars’ “Stadium of the Future.” In June, the council voted to provide $56 million in city funding to improve the parks as part of the community benefits agreement.
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