New Port Richey’s Community Redevelopment Agency voted to move forward with Main Street Reserve proposal for developing the old Main and Bank Building. The plan includes a conference center, restaurant, rooftop lounge, and possibly retail and office spaces for approximately $22.4 million. Five initial applicants presented ideas including science centers and cultural facilities, but Main Street Reserve emerged as the top choice. If negotiations with the selected developer succeed within 120 days, the project could proceed with over $3.9 million in CRA funding.
Key Points:
- Main Street Reserve was selected as the first choice for the Main and Bank Building redevelopment project
