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Shad Khan Thinking About Buying 'Laura Street Trio'

We've talked a lot about new Jacksonville Jaguars owner Shad Khan wanting to revitalize the city of Jacksonville and not just the Jaguars. According to a report by the Jacksonville Business Journal, Khan is contemplating purchasing the Laura Street Trio in downtown Jacksonville.

Jacksonville Jaguars owner Shahid Khan is considering the purchase of the Barnett Bank Building and the Laura Street Trio in Downtown Jacksonville, a JaxUSA Partnership executive said.

The three buildings on Laura street are considered to be a linchpin in the re-development of downtown, which is something the city has been trying to do since the city was awarded the franchise. Khan's also looking to invest into local businesses. "And he also has people doing diligence on companies, too," John Haley, senior vice president of business development for JaxUSA, Jax Chamber's economic development arm told the Business Journal. "He's looking at investing in companies that will generate new employment and new capital investment in Jacksonville."