The Jacksonville Jaguars are hopeful they can reach a deal with the City of Jacksonville on a massive renovation of TIAA Bank Field. Jaguars president Mark Lamping doesn’t see it happening in 2023, though.
In an interview with 1010XL, Lamping said the team hasn’t set any deadlines for its negotiations with the city and he doubts that a deal will be done by October when he says the team will need to decide whether it continues investing in stadium design.
Lamping did offer a timeline that would work out well for the Jaguars, though.
“If we could get something done second quarter next year, it lines up pretty well,” Lamping said. “We could go to the owners’ meeting, try get approval next May.
“We’re all searching for the same thing, a deal that makes sense for the City of Jacksonville, makes sense for all the residents of the City of Jacksonville and all of Duval County, that works for the Jaguars, and works for the National Football League.”
Negotiations with the city haven’t started yet as mayor-elect Donna Deegan won’t take office until July. For now, the Jaguars are meeting with members of the community to discuss the project, which is expected to cost about $2 billion. The Jaguars plan to ask the city to cover about half of that cost.
Earlier this week, Deegan applauded the Jaguars for meeting with the community ahead of the negotiations and said she’s optimistic about the upcoming talks.