On Friday, the Jacksonville Jaguars and Iguana Investments announced that PCL Construction has been named the construction manager for the Shipyards development project. As Jacksonville citizens are aware, that includes the Four Seasons Hotel Jacksonville, which is scheduled to break ground later this year along the St. Johns River.
The project, which was laid out back in June of last year, is estimated to cost $321 million.
“With today’s announcement of PCL joining our slate of development partners, the Jaguars and Iguana Investments are marking a major milestone in the Shipyards’ project,” Jaguars senior vice president, real estate and development Drew Fick said in a release. “With a full team now in place, we’ve fully transitioned from concept to execution. The partners we’ve assembled are world-renowned and have extensive experience. Our Northbank riverfront is in good hands.”