{"id":69896,"date":"2025-12-03T18:08:06","date_gmt":"2025-12-03T18:08:06","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-fl\/69896\/"},"modified":"2025-12-03T18:08:06","modified_gmt":"2025-12-03T18:08:06","slug":"jaguars-stadium-faces-100m-in-added-costs-in-part-due-to-tariffs-but-maintains-2028-timeline","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-fl\/69896\/","title":{"rendered":"Jaguars stadium faces $100M in added costs in part due to tariffs, but maintains 2028 timeline"},"content":{"rendered":"<p class=\"dist__Box-sc-1fnzlkn-0 dist__TextBase-sc-1fnzlkn-3 bYFsJw cuqaEv article-text\">JACKSONVILLE, Fla. \u2013 The price tag for Jacksonville\u2019s \u201cStadium of the Future\u201d just got bigger &#8211; about $100 million bigger. But city officials want taxpayers to know they don\u2019t expect to foot the extra bill.<\/p>\n<p class=\"dist__Box-sc-1fnzlkn-0 dist__TextBase-sc-1fnzlkn-3 bYFsJw cuqaEv article-text\">Jacksonville Mayor Donna Deegan\u2019s Chief of Staff Mike Weinstein presented the update to the City Council Finance Committee on Tuesday.<\/p>\n<p class=\"dist__Box-sc-1fnzlkn-0 dist__TextBase-sc-1fnzlkn-3 bYFsJw cuqaEv article-text\">\u201cRight now it\u2019s a little bit over budget,\u201d Weinstein said. \u201cThings do change. Everything has an effect. Tariffs have an effect.\u201d<\/p>\n<p class=\"dist__Box-sc-1fnzlkn-0 dist__TextBase-sc-1fnzlkn-3 bYFsJw cuqaEv article-text\">But he said the city\u2019s share of the $1.4 billion project isn\u2019t budging from the <a href=\"https:\/\/www.news4jax.com\/sports\/2024\/10\/15\/jaguars-stadium-of-the-future-clears-final-hurdle-approved-by-nfl-owners\/\" target=\"_blank\" rel=\"nofollow noopener\" title=\"https:\/\/www.news4jax.com\/sports\/2024\/10\/15\/jaguars-stadium-of-the-future-clears-final-hurdle-approved-by-nfl-owners\/\">original $775 million<\/a>. The expectation is that the Jacksonville Jaguars will pick up any costs beyond that. <\/p>\n<p class=\"dist__Box-sc-1fnzlkn-0 dist__TextBase-sc-1fnzlkn-3 bYFsJw cuqaEv article-text\">\u201cIt will be what we all agreed to spend $775 million on,\u201d he said.<\/p>\n<p class=\"dist__Box-sc-1fnzlkn-0 dist__TextBase-sc-1fnzlkn-3 bYFsJw cuqaEv article-text\">Weinstein said the overall split between the Jaguars and the city for the cost of the stadium could end up closer to 50\/50. But he said the city is pitching in some of the funds up front to purchase the materials to get ahead of the impact.<\/p>\n<p class=\"dist__Box-sc-1fnzlkn-0 dist__TextBase-sc-1fnzlkn-3 bYFsJw cuqaEv article-text\">\u201cThere\u2019s a $25 million savings if the city purchases the items that need to be in the renovation,\u201d he said.<\/p>\n<p class=\"dist__Box-sc-1fnzlkn-0 dist__TextBase-sc-1fnzlkn-3 bYFsJw cuqaEv article-text\">They\u2019ve also bumped up their Capital Improvement Plan spending from $150 million to $210 million this year to stay ahead of rising costs.<\/p>\n<p class=\"dist__Box-sc-1fnzlkn-0 dist__TextBase-sc-1fnzlkn-3 bYFsJw cuqaEv article-text\">\u201cIt won\u2019t increase the total,\u201d he said. \u201cIt\u2019s just the timing.\u201d<\/p>\n<p class=\"dist__Box-sc-1fnzlkn-0 dist__TextBase-sc-1fnzlkn-3 bYFsJw cuqaEv article-text\">But looking into next year, there might be more financial juggling needed.<\/p>\n<p class=\"dist__Box-sc-1fnzlkn-0 dist__TextBase-sc-1fnzlkn-3 bYFsJw cuqaEv article-text\">\u201cThere\u2019s a possibility come March, April, May we might come back and say we need another $30 million moved up. But again, it won\u2019t affect the total, it just affects the timing,\u201d Weinstein said.<\/p>\n<p class=\"dist__Box-sc-1fnzlkn-0 dist__TextBase-sc-1fnzlkn-3 bYFsJw cuqaEv article-text\">While the money side has hit some bumps, the project is still right on track for kickoff in August 2028. <\/p>\n<p class=\"dist__Box-sc-1fnzlkn-0 dist__TextBase-sc-1fnzlkn-3 bYFsJw cuqaEv article-text\">Mother Nature has helped &#8211; no major storms have slowed things down and Weinstein even said potential home playoffs games were a part of the discussion should the Jags continue maintain their momentum on the field.<\/p>\n<p>Copyright 2025 by WJXT News4JAX &#8211; All rights reserved.<\/p>\n","protected":false},"excerpt":{"rendered":"JACKSONVILLE, Fla. \u2013 The price tag for Jacksonville\u2019s \u201cStadium of the Future\u201d just got bigger &#8211; about $100&hellip;\n","protected":false},"author":2,"featured_media":69897,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[116,118,121,117,14582],"class_list":["post-69896","post","type-post","status-publish","format-standard","has-post-thumbnail","category-jacksonville","tag-jacksonville","tag-jacksonville-headlines","tag-jacksonville-jaguars","tag-jacksonville-news","tag-stadium-of-the-future"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/69896","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/comments?post=69896"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/69896\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media\/69897"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media?parent=69896"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/categories?post=69896"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/tags?post=69896"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}