Savannah native Richard
Kessler unveiled plans Thursday for his biggest project yet in his hometown.
A $100 million - three-phase project - including a boutique hotel, store fronts, an
event center and a new public parking deck would be partially
funded by the city of Savannah.
These are part of the plans unveiled by Kessler to the Savannah City Council. Kessler said he has a vision for the former Georgia Power property and it would take at least a year before investors could be approached. But he
has high hopes.
Kessler said he had
been watching that building for some time, not knowing what would ever happen
He said he was very
curious about it because it has tremendous potential.
said his project would transform and anchor the west end of River Street. To
complement the property, the city is also talking about extending the river
walk and beautifying that end of Indian Street and Martin Luther King Jr. Boulevard.
said that if the funding is available and all the pieces fall into place there
could be physical changes by the end of 2014.