The Harvey Lindsay proposal includes a 190,000-square-foot convention center on the Waterside site with an updated marina, featuring an upscale seafood restaurant. The convention center would be connected to the heart of downtown via an elevated walkway called "The Levels," modeled after New York City's High Line.
Other features of the $200 million project, are two new mid-sized hotels, an expanded Town Bank Building and a new office tower that would become the headquarters for Clark Nexsen, intended to create hundreds of jobs downtown. HL Development plans on asking for $76 million in funding and performance grants, while also asking the city to borrow about $16 million from parking bonds.
Other features of the $200 million project, are two new mid-sized hotels, an expanded Town Bank Building and a new office tower that would become the headquarters for Clark Nexsen, intended to create hundreds of jobs downtown. HL Development plans on asking for $76 million in funding and performance grants, while also asking the city to borrow about $16 million from parking bonds.
The Cordish Company has a plan to keep the existing Waterside structure in place, add 13 new chain restaurants, a marketplace selling items unique to the Hampton Roads area, and an entertainment venue. The location would be reopened as "Waterside Live." An example of this is the recently opened XFinity Live in Philadelphia, Pa. The total investment by Cordish Company would be $30 million, however, they would look for tax breaks from the city.
To view the actual meeting online, click here at 4:30pm tomorrow.
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