Khan says important to act soon on Shipyards

Published On: Jul 25 2014 10:58:48 PM EDT

Jaguars owner Shad Khan calls the vacant Shipyards property, "a melting ice cube" and said, "Unlike fine wine, it doesn't get better with time."

Our news partner the Financial News & Daily Record reports Khan expects to make a proposal to the city in the next couple of weeks to redevelop the riverfront acreage.

The area near EverBank Field is considered a prime Northbank redevelopment site.

Khan has not given specific details, although some possibilities have surfaced, including rental apartments, entertainment, retail and a marina.

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