This past spring, Waterside was the hot topic as far as Norfolk was concerned. The city chose the Cordish Cos. proposal over Harvey Lindsay's and negotiations were to ensue. Things have been quiet to the public, however, according to a recent Inside Business article, that doesn't mean things aren't happening.
Apparently, the city of Norfolk is in the thick of negotiating the details of Waterside with Cordish Cos. Despite the fact that the city has been adamant about making everything dealing with Waterside public, negotiations will and should take place behind closed doors.
The $30 million plan (mostly privately-funded) involves using the existing structure and knocking out portions the front and rear walls and replacing them with glass. This would open up a view of the Elizabeth River from Waterside Drive. The entertainment venue would include up to 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."
With about three months-worth of negotiations, one would think an announcement would be coming soon.
Three months of negotiations = 1 day every two weeks for about 2 hours...rest via email.
ReplyDeleteOne big YAWN...I still don't get why they won't do a little from Cordish, and a little from Harvey Lindsey, which would bring forth an office tower and jobs.
ReplyDeleteHow will Waterside be any different from today? With MacArthur and VB-TownCenter there is no demand for 13 new chain restaurants.
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