WatersMark development would have included three hotels, a conference center, children’s museum and surfing lagoon, plus retail stores, restaurants, an amphitheater and a rehabilitation facility for manatees. The Watersmark development group proposed exclusive negotiations over a 90-day period to lease 25 acres of port property. Port commissioners voted 5-0 to deny the proposed talks. Jerry Allender, chairman of the Canaveral Port Authority, told Florida Today that the proposal is “in direct conflict” with an approved development of a hotel and other commercial properties at Port Canaveral. Brent Woodson, a managing director of the WatersMark group, said they were “a little disappointed” but will continue its efforts to develop a “destination resort village” at Port Canaveral. Woodson said his group’s port development would include a 60-suite boutique hotel and two other hotels with 200 suites each, plus 100,000 square feet of retail stores and a 500,000-square-foot conference center. Wayne Justice, a port commissioner, questioned whether the Space Coast area would support “something as grandiose as this.” Source: The Real Deal]]>
Get the latest industry news and information from CRE-sources delivered right to your email inbox!
And we promise…no more than one email each morning.