Shad Khan
The Jacksonville Jaguars owner sees little success on the field, but is on the brink of a $450 million Lot J development.
Jacksonville Jaguars owner Shad Khan is ending the year with a losing 2020 season on the field but a $245.3 million taxpayer-backed investment for his proposed $450 million Lot J development on the table.
Khan’s milestone 100th loss Nov. 22 since buying the Jaguars in 2012 did not deter the 70-year-old Forbes 400 billionaire from pursuing his real estate ambitions in Downtown’s Sports and Entertainment District.
His entertainment, hotel, residential and retail Lot J project west of TIAA Bank Field with partner The Cordish Companies is up for City Council debate in early January.
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