Board Meeting:3rd Thursday every month
IBC Bank, 221 S Shoreline, 2nd floor at 9am
The southern part of Downtown, south of the Marina Arts District, continues to see new investment and a buzz of new construction activity. This week, construction started on the new 101-room Residence Inn located at 311 S. Shoreline Blvd. The $18 million project, made possible with incentives from the Tax Increment
Reinvestment Zone (TIRZ), should open after about 15 months of construction.
The Residence Inn joins the $23 million PAM Rehab Hospital that is scheduled to open in the 4th quarter of this year. Located across from each other on Water Street, these bookend projects will create a stunning southern gateway into the Marina Arts District. They will also attract visitors and workers to the area as will the nearly
Significant, positive changes coming to Downtown! Exciting times indeed! Stay tuned for more development updates!
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