Jaguars unveil renderings of proposed stadium renovation - ESPN

JACKSONVILLE, Fla. — The Jaguars on Wednesday released an early look at a renovation of what they're calling «the stadium of the future,» a multibillion-dollar project that includes developing the area around TIAA Bank Field and a critical piece of the franchise's future in Jacksonville.

The base 62,000-seat open-air stadium includes a shaded canopy that the team says will reduce the heat factor by more than 70%, a main concourse four times wider than the current one, and lookout decks that offer views of the city. The two pools, added in 2014 as part of a $63 million renovation, remain, as do the large video boards that span the length of each end zone.

The stadium can expand to seat 71,500, and the nearly five-minute video presentation included references to playing host to music festivals, concerts, international soccer matches and tournaments, and potentially the NFL draft. It also included a brief clip of an NCAA Final Four, but no mention of potentially hosting a second Super Bowl.

The team did not mention cost, but Floridapolitics.com reported this week that the entire cost of the project — including the development of the area around the stadium — could be as much as $2.068 billion, with the stadium improvements costing between $1.2 billion and $1.4 billion.

Floridapolitics.com also reported — according to documents it obtained that were filed in May with the city — that the city and owner Shad Khan would split the cost of the entire project 50-50, and the stadium renovation could take as long as four years.

«We have reached the end of this important and initial phase of this project, the design of the stadium we envision will be the home of the Jacksonville Jaguars and serve our entire community for generations