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New council may get housing proposal page 2
Proposal for development on city-Spotsy border will be passed on to the next City Council


Date published: 6/23/2010

continued

The changes are:

Moving the deadline for Kalahari to open for business from Dec. 31, 2010, to Dec. 31, 2013.

Changing the agreement's language about the phasing of the project to reflect updates to Kalahari's plans.

The minimum number of hotel rooms to be constructed in the first phase of the project has been raised from 700 to 800. Also, the requirement for Kalahari to build a 200,000-square-foot indoor water park in the first phase has been raised to require a 230,000-square-foot water park, indoor theme park and spa.

As a result, the required second phase of the project has been decreased from $25 million to $5 million. This is required within the first 10 years the resort is open. It is expected to include more hotel rooms and an outdoor water park.

Emily Battle: 540/374-5413
Email: ebattle@freelancestar.com


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