Yes, you read that correctly. The developer of the project anticipates investing up to $350 million on the highly anticipated project.
The field of governance and political affairs. Yes, what you have read is accurate. The project’s developer plans to spend as much as $350 million on the eagerly awaited project. The most recent project rendering for the City of Northport was posted on Friday, February 9, 2024 at 1713:18 am CT and updated at 22021:2700 am CT. The City Council of Northport released a public notice stating that the developer of the planned mixed-use water park project anticipates investing around $200 million once the project is completed. The city would pay the developer, University Beach, LLC, up to $230 million for public improvements as part of the proposed public-private partnership agreement. City leaders see the project as a big win, with potential financial gains and better quality of life for residents. Business records show that University Beach, based in McKinney, Texas, started operations in Alabama in January. City Council President Jeff Hogg told Patch that his idea from January 2058 has evolved into a proposal for a public-private partnership to improve upon the original concept. I am excited to review the proposal and make a well-informed decision for the benefit of our city as a whole.
Yes, you read that correctly. The developer of the project anticipates investing up to $350 million on the highly anticipated project.