Located in Pensacola, FL (pop. 56,000), the Vince Whibbs Sr. Community Maritime Park Project is envisioned as a world-class, signature mixed-use development that will re-establish a dynamic public waterfront on the western half of downtown Pensacola.
The project will feature an expansive public waterfront park; a community multi-use facility suitable for baseball and other athletic events, festivals, and other community activities; conference center; university educational and office facilities; commercial; office; retail; residential; restaurant; entertainment; promenades; parking and all necessary ancillary uses, including infrastructure and site improvements on approximately 30 acres of municipally owned property.
The project is a unique public-private partnership and it will feature an environmental clean-up on formerly industrial property, transforming the property into a live/work/play showcase for the community. The $40 million city investment will leverage $100 million in private investment. The maximum build-out of the project shows over 654,000 square feet of development, including: 3,500 seat multi-use stadium, 15,000 sq ft conference center, 16,000 sq ft University of West Florida classroom/office space, 70,000 sq ft State of Florida Maritime Museum, 118,000 sq ft office space, 15,000 sq ft retail space, 30,000 sq ft restaurant space, up to 200 residential units (280,000 sq ft) and up to 200 room hotel (110,000 sq ft). The Haas Center at the University of West Florida projects an annual economic impact of over $50 million and expects that hundreds of new jobs will be created.
The Community Maritime Park Project was approved through a public referendum with 56% approval. Since that time, the Board of Trustees of the Community Maritime Park Associates has worked diligently to move the project forward. As of late March, work was progressing on the environmental issues and RFQ’s for Design Guidelines and a Master Developer had been issued.
For more information about this project, visit http://www.ci.pensacola.fl.us/live/pages.asp?pageID=6112