FOUR SEASONS PARTNERS WITH SHAHID KHAN TO BUILD NEW HOTEL AND PRIVATE RESIDENCES IN FIRST PHASE OF VISIONARY DEVELOPMENT IN DOWNTOWN JACKSONVILLE, FLORIDA

Four Seasons Hotels and Resorts, the world's leading luxury hospitality company, together with Shahid Khan through Iguana Investments Florida LLC (Iguana Investments), today announced plans for a new Hotel and Private Residences in Jacksonville, Florida.

Anticipated to open in 2026, Four Seasons Hotel and Private Residences Jacksonville will play an integral role in the development of the Jacksonville Shipyards while ushering in a thrilling and historic next chapter for Downtown Jacksonville.

Blending imaginative urban design on the banks of the St. Johns River, Four Seasons Hotel and Private Residences Jacksonville will be the centerpiece of the Jacksonville Shipyards, ideally located adjacent to the Sports Complex and proposed Stadium of the Future – a renovated and reimagined EverBank Stadium that will serve as home to the Jacksonville Jaguars while playing host to national and international sports and entertainment events for generations to come.

“Four Seasons is incredibly proud to bring our renowned service and hospitality offering to one of the fastest-growing cities in the United States,” says Bart Carnahan, Executive Vice President, Global Business Development and Portfolio Management, Four Seasons Hotels and Resorts. “As Jacksonville continues to enhance its offerings for people to live, work and play, we look forward to working with Mr. Khan to expand our presence in Florida and extend our long-time partnership together, contributing to the city’s bright future and achieving our shared vision of building communities and creating exceptional luxury experiences.”