The long-awaited, game-changing, multi-building, mixed-use $150 Million Cascades Project is officially underway!
Lindsey Magura, Vice President of Development at North American Properties reported the following:
“Construction is well underway for our multi-use development at Cascades Park. Key components of the Cascades Project include mid-rise residential, retail, office, restaurant and hotel space built to maximize views of the park and the Capitol building, along with pedestrian-friendly paths connecting the development to downtown, a range of family-friendly amenities, affordable dining options, event space to support performances at the Capital City Amphitheater, and expanded public parking.
Additionally, thanks to significant community input, this transformative urban development will honor the area’s rich history through the preservation of the architecturally significant former Leon County Health Unit, the restoration of the Old City Waterworks building, and the creation of a community-envisioned historical plaza.
The eastern block – located closest to the Capital City Amphitheater and consisting of the AC Hotel, event space, offices, an array of dining options, and the historical plaza – remains set to open in late 2020. Expanded public parking will also open at that time.
The western block – comprising townhomes, multi-family apartments, retail space, and the refurbished former county health unit – will open in the spring of 2021.”
(Photos: North American Properties)
In a statement released from North American Properties, the company announced that the Cascades hotel parcel has been purchased by Marriott Developer Robert Finvarb Companies (RFC). According to the statement, “The seven-story, 154-room boutique hotel will feature more than 5,000 square feet of flexible meeting space, a rooftop bar and an observation deck overlooking the park.”
Additionally, “The European-inspired AC Lobby will include high ceilings and an open staircase leading up to the AC Lounge, which will serve craft beers, signature cocktails, and tapas-style small bites. Stylish, yet efficient guest rooms, sleek furnishings, ambient lighting, hardwood floors, and intuitive in-room technology will offer discriminating guests a tranquil retreat at the core of a local hot spot.”