Table Of Content

Downtown, The Waterfront and The Waterside Presented to City Council January 24, 2012 1 Introduction and Purpose Land owned by City; Building owned by NRHA; (cid:132) lease holder is Waterside Associates, Limited Partnership Considerable public input prior to our review (cid:132) No decision on The Waterside is intended for (cid:132) this discussion 2 Citizen Input The Site and Waterfront are extremely important (cid:132) and should be carefully considered – public interest is extremely important Concepts or vision include family oriented venues, (cid:132) market places, fine dining, entertainment, and public uses There was some support for seeking a total different (cid:132) reuse of the site 3 Waterside Proposals The following slides provide a general (cid:132) overview of each proposal received No Council action is required at this time (cid:132) 4 Harvey Lindsay Proposal Major theme of development: (cid:132) Conference Center in place of the Waterside (cid:137) Overhead walkway linking the conference center to (cid:137) the existing conference center at the Marriott and then to new developments at Main Street Two mid-size hotels (one where Selden Arcade sits) (cid:137) Parking (co-located with a hotel where the Selden (cid:137) Arcade sits) An office building (cid:137) Enlarge the marina and include a signature seafood (cid:137) restaurant at the marina 5 Harvey Lindsay Proposal 6 Beach Music Awards Proposal Proposer: (cid:132) John X. Aragona for Mark7 Studios would position The (cid:137) Waterside as a “Norfolk Sound” beach music themed venue Major theme of development: (cid:132) 3 restaurants (Italian, seafood, Prime Steak), food court, (cid:137) sports bar and Tiki bar, retail stores on first floor Beach music cocktail lounge and fine dining supper club, (cid:137) Shag dance club, theater and broadcast studios, and comedy club on second floor 7 Drakkar America Proposal Developer: (cid:132) Drakkar America would create the development (cid:137) Major theme of the proposed development: (cid:132) An entertainment and Multi-use Pro Sports Complex (cid:137) Acquire the Sheraton and build a 22,000 seat arena and (cid:137) multi-use towers Proposal includes option to seek an NBA franchise or to (cid:137) operate without such a franchise Initial ownership would be by the developer with eventual (cid:137) intent to find private investors for the long-term 8 Drakkar America Proposal 9 Project Neptune III Proposal Developer: (cid:132) Alvin James Development Group to develop an (cid:137) entertainment and dance based themes development Proposed development theme: (cid:132) Propose “green” development with 150 hotel rooms, (cid:137) Entertainment to include 3 large night clubs, 1 a (cid:137) private members club, 2 large restaurants and a Sushi & Oyster Bar and outdoor deck bar Movie theaters to include IMAX and 4-D theater (cid:137) 10