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Local developers and stakeholders shift Majestic site plans away from hotel toward water-focused public amenity
Summary
A Majestic Site Development Committee update to the Hot Springs City Board of Directors described new, locally driven collaboration among developers and stakeholders that favors a water-centered, mixed-use plan rather than a hotel; committee members said a fuller investor disclosure is expected at next month's meeting.
The Majestic Site Development Committee told the Hot Springs City Board of Directors on Oct. 21 that progress is advancing on a new concept for the Majestic site in downtown Hot Springs, and that the emerging plan emphasizes public water features and a mix of cultural and recreational amenities rather than the traditional hotel proposal previously publicly shown.
Committee co-chair Scott Duz told the board the working group now includes a local commercial real-estate developer and investor partners, a nationally known experiential-architecture firm, a local designer/strategist, a curator of Arkansas art and cultural history and representatives from the Garland County Library. "There is growing consensus that a traditional hotel is probably not the right direction for this site," Duz said,…
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