The Cordish Cos. launches Waterside District redevelopment

Norfolk, Va. -- The Cordish Companies announced its comprehensive $40 million overhaul and rebranding of Norfolk, Virginia’s iconic Waterside Festival Marketplace as Waterside District.



Waterside District is located in the heart of the central business district and adjacent to the City of Norfolk's waterfront and festival site. "We are excited to announce that we see a larger vision for this important site that is more than a Live! District, but ultimately a broader mixed-use, waterfront district, and the name, the Waterside District, speaks to that potential," said Blake Cordish, VP of The Cordish Companies.



The revitalization of the historic Waterside building, the Waterside District, will still prominently feature The Cordish Companies' Live! brand and will remain a gathering place for local residents and visitors to enjoy national and local restaurant and entertainment concepts. In addition, the "annex" building that was added to the project in the 1990's will be demolished, returning the building to its original footprint and creating a future site for an expansion of the Waterside District.



"This plan will allow us to maximize the potential of this important site for the City of Norfolk. We have executed similar strategies in multiple cities across the country with tremendous success," stated David S. Cordish, chairman of The Cordish Companies.



An official groundbreaking for Waterside District is planned for August 26, with construction commencing thereafter. Waterside District is set to open spring 2017.