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Waterside District Celebrates Two Major Milestones

Waterside District Celebrates Two Major Milestones

Exterior demolition of annex to commence Monday, May 16 at 10am

Norfolk,  VA   (May  13,  2016)   –   The  Cordish  Companies  and  the  City  of  Norfolk  announced   two  major  milestones  in  the  construction  and  revitalization  of  the  new  Waterside  District  retail  and  entertainment  complex.    

The   commencement  of   demolition  of  the  annex  building,  which  was  added  to  the  original  Waterside  in  the  1990s,  will   begin  at  10am  on   Monday,   May  16.  When  completed,  in  approximately  two  weeks,  the  Waterside  building  will  return  to  its  original  historic  footprint.   The  public  is   invited  to  share   in   this   milestone  by  attending  the  commencement  of  demolition  on  Monday,  May  16  at  10am.    

Monday  also  marks  the  second  milestone  in  the  revitalization  of  Waterside  with  all  demolition  of  the  interiors,  having  been  100%  completed,  of  the  historic  building  at  a  cost  of  approximately  $2  million.    

About  Waterside  District    

Located  in  the  heart  of  the  central  business  district  and  adjacent  to  the  City  of  Norfolk’s  world-­class  waterfront  and  festival  site,  Waterside  District  will  become  a  central  gathering  place  for  local  residents  and  visitors.  A  comprehensive  $40  million  overhaul  and  rebranding  of  Norfolk’s  iconic  Waterside  Festival  Marketplace  will  allow  visitors  to  enjoy  the  best  national  and  local  brands  and  concepts  that  integrate  the  downtown  with  its  waterfront.  For  more  information,  please  contact [email protected]  or  visit  http://www.norfolk.gov/waterside.    

About  The  Cordish  Companies  

The  Cordish  Companies’  origins  date  back  to  1910  and  encompass  four  generations  of  privately-­held,  family  ownership.  During  the  past  ten  decades,  The  Cordish  Companies  has  grown  into  a  global  leader  in  Real  Estate  Development,  Gaming  &  Hospitality,  Entertainment  Management  and  International  Urban  Planning  &  Development.  One  of  the  largest  and  most  respected  developers  in  the  world,  The  Cordish  Companies  has  been  awarded  an  unprecedented  seven  Urban  Land  Institute  Awards  for  Excellence  for  public-­private  developments  that  are  of  unique  significance  to  the  cities  in  which  they  are  located.  Prime  examples  are  The  Cordish  Companies’  prominent  role  in  the  redevelopment  of  Baltimore’s  world  famous  Inner  Harbor;;  Philadelphia,  PA;;  Atlantic  City,  NJ;;  Charleston,  SC;;  Houston,  TX;;  Louisville,  KY;;  Kansas  City,  MO  and  St.  Louis,  MO.  In  addition,  The  Cordish  Companies  has  developed  and  operates  multiple  highly  acclaimed  entertainment  destinations  throughout  the  United  States  which  welcome  over  50  million  visitors  per  year  and  are  the  most  visited  destinations  in  their  respective  regions.  Over  the  generations,  The  Cordish  Companies  has  remained  true  to  the  family’s  core  values  of  quality,  entrepreneurial  spirit,  long-­term  personal  relationships  and  integrity.  As  a  testimony  to  the  long-­term  vision  of  its  family  leadership,  The  Cordish  Companies  still  owns  and  manages  virtually  every  business  it  has  created.  For  more  information  visit  www.cordish.com  or  follow  us  on  Twitter.  

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