JACKSONVILLE, Fla. — Jaguar Owner Shad Khan has focused much of his development energy on Downtown Jacksonville.
So it came as a bit of a surprise last week when he announced plans to buy a beaches area staple, the Lemon Bar.
"This is really exciting news that he made this investment," said Tony Khan, All-Elite Wrestling President.
Shad Khan recently bought the Lemon Bar, Seahorse Oceanfront Inn and other nearby properties.
"That beach is going to have his presence and what he's going to do for that community like he's done for a lot of other communities and built-up infrastructure here and overseas all over the world it's great news for beach residents," Tony Khan said. "It's going to be great and for us, it's going to be awesome."
Tony Khan says he doesn't have a direct role in his father's development plans but hinted his dad isn't done at the beaches.
This as Shad Khan continues to build Downtown Jacksonville with a Four Seasons Hotel and Shipyards development on the horizon.
Big picture plans that fit into Tony Khan's long-term scope.
"I think the community is very fortunate my dad has taken a very keen investment in the interest in this community and now is going to do his best to build it up and again not my end as much of the real estate development, but I do think just the downtown community in general there are a bunch of great minds coming together," Tony Khan said.