The details
The project is envisioned as part of a larger development that includes a St. David’s Hospital, retail and restaurant space. The development is also slated to have a waterfront park, according to the news release.
The city also said they were prepared to offer the land through a long-term lease for a nominal fee or transfer it as part of an economic partnership, according to the news release.Interested parties will be required to submit a request for proposal. Top candidates will be invited to the second round in the selection process—which requires a more detailed proposal, the news release states.
Notable quote
Victoria Vargas, director of economic development said this was a key step in creating a destination that reflects the city’s “natural beauty, dynamic growth and forward-thinking spirit.”
“The Lake Park District Hotel and Convention Center will not only provide an exceptional venue for business and leisure travelers but will also bolster Kyle’s economic development efforts and bring new opportunities to the community,” Vargas said in a news release.