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The archetypal blazar 3C 279 hosts a prominent relativistic jet and exhibits strong broadband variability across the electromagnetic spectrum. In April 2017, the Event Horizon Telescope (EHT) observed 3C 279, alongside one of the most extensive quasi-simultaneous multiwavelength (MWL) campaigns ever conducted. With the aim of investigating the physical processes governing 3C 279, we analyzed individual observations and multiband light curves, and constructed a new quasi-simultaneous MWL spectrum. We also performed phenomenological modeling using the turbulent extreme multi-zone (TEMZ) model to constrain the fundamental physical properties of the source. The EHT observations reveal a clear flux increase in the innermost core between April 5 and 11, 2017. Over a broader timescale, radio measurements at longer wavelengths show concurrent enhancements in core flux and polarization around mid-April, coinciding with the ejection of a superluminal knot. Record UV-optical flares with strong polarization variability occurred in late March, followed by gamma-ray activity that declined before the end of the EHT observing period. During this interval, the source remained in a low X-ray state and showed no detectable VHE emission. The TEMZ modeling suggests that the broadband spectrum and variability of 3C 279 can be explained within a jet scenario in which turbulent plasma cells are compressed by a stationary conical shock. However, alternative interpretations, such as magnetic reconnection or a moving shock-in-jet event, remain plausible. This coordinated MWL campaign advances our understanding of the origin of jet and gamma-ray emission in 3C 279, while also providing a comprehensive publicly available dataset that will serve as a valuable reference for future studies.