A Jacksonville committee tasked with evaluating three firms vying to be master developer of The Shipyards and Metropolitan Park will submit their scores in time for the Downtown Investment Authority to vote April 19 on a top-ranked firm.
The evaluation committee met Monday to set up the time line for making a decision on the biggest tract of city-owned land on downtown’s riverfront.
Jaguars owner Shad Khan, operating through Iguana Investments Florida, is competing with two Texas-based groups, the Presidium Group and Wess Holdings.
The selection committee won’t bring in the firms for in-person presentations. The committee will base its scores on the written applications that were submitted in response to the city’s requests for development proposals.
Downtown Investment Authority Executive Director Aundra Wallace, who is on the selection committee, said the written proposals have the information the committee needs to gives its scores.
“Quite frankly, no oral presentation is going to be better than what the numbers actually say, so at the end of the day, the financial offer and your redevleopment vision is really going to drive a lot of this,” Wallace said.
Wallace is joined on the evaluation committee by Downtown Investment Authority board member Ron Moody and city Public Works Department Director John Pappas. Each member of the committee will submit scores for the three applicants to the city procurement department by April 12. The procurement department will tabulate the scores and give them to the Downtown Investment Authority.
The DIA board will vote April 19 to begin negotiating a development agreement with the top-ranked firm.
David Bauerlein: (904) 359-4581