An illustration shows the Four Seasons Hotel & Residences on Jacksonville's Northbank. | Jacksonville Daily Record
Published on August 21, 2025 at 10:58 am
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To provide for a $6 million traffic-calming project on Gator Bowl Boulevard, the Downtown Investment Authority board voted Wednesday in support of an amended agreement between the city and the developer of the Four Seasons Hotel and Residences.
The board voted 9-0 to recommend approval of the amendments, in which the city would increase a Recapture Enhanced Value Grant for the hotel by up to $6 million to reimburse Iguana Investments Florida LLC for the street improvements.
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A DIA staff memo says Iguana has undertaken the project, which is designed to increase safety for motorists and pedestrians.
Read the rest of this story at the Jacksonville Daily Record, a Jacksonville Today news partner.
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