A Notice of Disposition was issued for the Shipyards and Metropolitan Park and Iguana Investments was top scoring respondent. The conceptual master plan submitted called for more than 600 condos and apartments, 300,000 square feet of office space, 150,000 square feet of retail and commercial space, 300 hotel rooms, and a 250-slip marina on a 70-acre riverfront site. More recent concept plans released by Iguana have included a possible convention center. Phase 1 was to consist of 50-100 multi-family rental and/or for sale residential units, 200-250 room five-star hotel with restaurant, structured parking and amenities, 75,000± sf office/ restaurant/ retail, and public infrastructure.
Investment $500 million (overall master plan)