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Kalahari moves ahead on water park plan
Kalahari moving forward with site plan work
Date published: 7/15/2009 BY EMILY BATTLE Kalahari Resorts has given a local engineering firm the green light to draft a comprehensive set of plans necessary to get the proposed 700-room hotel and indoor-outdoor water park under construction. Kalahari President Todd Nelson said in an e-mail yesterday that he believes he is making progress in his efforts to secure financing for the more than $250 million project amid the nearly frozen credit market that has resulted from the current recession. Until he gets that financing, a concrete construction start date won't be known, but in the meantime, Nelson has taken a major step toward putting himself in a position to start quickly once he gets the money. A few weeks ago, Nelson gave Keith Oster, vice president of Spotsylvania-based Prime Design Engineering, the go-ahead to complete the site plan for the massive project. A site plan is the key document that any construction project needs to get under way. It provides the basis for all of the permits a builder must obtain. For a project this big, it is a complex document that can take several months to review once it is submitted to the city's building permit office. Oster said the task amounts to about six months of work for his three-person firm, and is a major boost during a slow economy. He said he is on schedule to submit the plan to Fredericksburg by the end of this year. "It's certainly a big financial commitment on [Nelson's] part," Oster said. "The certainty of it being built goes up when I'm asked to do this work. This is a move you make to make certain that when you do get financing, you don't have to wait six months for site plan approval" before starting construction. Kalahari has also made smaller moves to build its ties to Fredericksburg. The company donated $5,000 to help save the Heritage Festival fireworks this year, according to event organizer Roberta Gold. Kalahari is the anchor project in the Silver Cos.' plans for the Celebrate Virginia tourism complex. The Wisconsin-based company plans to build a 700-room hotel and 200,000-square-foot indoor water park on 49 acres in Celebrate Virginia in Fredericksburg.
Read more stories about Fredericksburg Date published: 7/15/2009
Einstein??
(posted by
HalfABrain
, Sep. 23, 2009 8:46 am)
Note that all but one of the posts are from the same person. Do you read the paper or watch the news, Einstein? Did you notice that we are in the worst recession in the past 80 years? And that the credit markets are non-existant? Do you have any idea of the amount of bleed off business and tax revenue a project of this magnitude will generate for Fredericksburg, despite the incentives? Do some homework and stop criticizing something that you clearly don't possess the knowledge to understand.
Define "Progress"
(posted by
Einstein
, July 16, 2009 5:00 pm)
"Kalahari President Todd Nelson said in an e-mail yesterday that he believes he is making progress in his efforts to secure financing for the more than $250 million project." Has anyone -- anyone - thought to ask precisely what that so-called progress is? Anyone?
This project is predicated on a huge incentive package that has a clear time line attached to it. Does the Mayor have a comment? City Council? Anyone? Anyone think to ask?
Good Points Einstein
(posted by
tpifos
, July 16, 2009 6:47 am)
Where's the accountability for these people & the Council &
why isn't the paper reporting it?
City clock ticking on Slavery Museum FLS 3/13/2008
(posted by
Einstein
, July 16, 2009 12:56 am)
"U.S. National Slavery Museum officials have 4 months to start construction or face the prospect of returning to square one in the city-approval process."
The "incentive" package the City is to hand to Kalahari requires an opening date of Dec 2010.
How many vapor investments can Fredericksburg afford?
Free Lance Star 1/16/2009
(posted by
Einstein
, July 16, 2009 12:46 am)
"Kalahari President Todd Nelson said last month that the problems in the credit markets were making it harder for him to get financing for the $250 million project.
He said he hoped to have his financing in place by April, and to start construction by the end of this summer. "
It is mid July.
How about a little less fluffy PR for Kalahari and a tad more skeptical reporting FLS?
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