Woodard Development plans $200 million mixed-use development in Middletown
Woodard Development plans $200 million mixed-use development in Middletown
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The city of Middletown has rezoned 50.8 acres at the southeast corner of state Route 122 and Union Road to planned development in anticipation of a district with more than 690,000 square feet of new development. The as-of-yet unnamed project, owned by Fischer Family Foundation and the city, hopes to provide a “one of a kind” quality of life and economic development benefits to the entire region.
At the heart of the development is an entertainment center. On its own, the center will account for $110 million of the total project cost with the remaining $90 million slated for surrounding development in retail, restaurant, residential and office space.
Construction is anticipated to begin later this year or by March 2024. With an estimated build out of seven to eight years, there is a long road ahead. The development team is composed of developers, architects, engineers, contractors and consultants with decades of experience in all aspects of the mixed-use plan.
THE PLAN OVERVIEW
-Event Center
The development will be anchored by a multipurpose event center that will attract thousands of visitors a year to Middletown, Warren County and the region. the complex will have 3,000 fixed seats surrounding a 17,000-square-foot playing surface.
-Hotels (300+ rooms)
A five story, 110,000-square-foot hotel is planned with a 5,000-square-foot ground-floor lobby and restaurant level, then four floors of 176 hotel rooms above the lobby. A second 65,000-square-foot, five-story hotel will include a 5,000-square-foot lobby and restaurant/retail space with four stories of 128 hotel rooms.
-Residential (336 total units)
Four stories of 120 units totaling 139,000 square feet. Two other apartment buildings are planned to the west and southwest of the larger central apartment building. One will accommodate 104 units in a four-story, 106,800-square-foot building while the other will hold 80 units in a four-story 81,600-square-foot building. Combined, the units accommodate parking for more than 300.
Townhomes also are planned for the southeast portion of the site.
-Event promenade/plaza
major plaza and event space allows for roller sports as a center element with a children’s playground and dog adventure area.
-Retail, restaurants and entertainment (125,000 square feet)
The largest retail or restaurant floorplates and uses will be on the east and west sides of the event promenade, totaling more than 100,000 square feet in development space. The master plan anticipates three, one-story buildings, but it is open to change depending on concept.
-Office Space
A 48,400-square-foot, two-story office building, most likely for medical use.
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