The plans evolved, however, to include a 107-room hotel with restaurant and office space, as well as a central plaza/gathering area and basement parking structure -- about 201,600 square feet in total.
On the first floor, the hotel will feature a public market where local vendors can rent booths to sell their wares, similar to the Oxbow Public Market in
Lorenz said the development will act as a bridge between the
"I want to keep everyone downtown," Lorenz said. "I really want this to be walkable. I just love the idea of being able to walk from a hotel or from the train to everything down there."
To accommodate additional traffic the new development could bring downtown, the project's civil engineer
Lorenz said the cost of parking would be comparable to what parking garages in
Besides the hotel, the development will also feature a 500-seat, 26,000-square-foot performing arts center -- similar to the
Lorenz added the center to the development after a meeting with actor and
"People want culture in their backyard," said Biggs, who is known for his series of "Paso Wine Man" videos. "I think it would be a wonderful piece of the puzzle for
Biggs said the theater would not be in direct competition with the 1,289-seat
Biggs said he expects the theater will cost between
"What people don't understand is it costs a lot of money to keep the lights on," Biggs said. "But we will be working with and talking to local companies to determine exactly what the community need is."
"It's going to be a great asset to us all," Moye said. "I hope we can get it (approved) soon. (
The project is still a long way off from construction.
Lorenz expects to present the plan and an accompanying environmental impact report to the
Once approved, the project could take between a year and a year and a half to complete, with most construction taking place in two phases, she said.
Phase one would consist of the demolition of a barn and building on the site, and the construction of the hotel space.
Phase two would be construction of the performing arts center -- though if she could raise the funds, Lorenz said, she would be interested in completing the two phases simultaneously to speed up the process.
Lorenz declined to disclose how much the entire project might cost, saying that it was still in the early stages of planning and costs are likely to change.
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