NEW PORT RICHEY — City officials are hoping a new development agreement will revive the long-troubled Main Street Landing project in downtown New Port Richey.
The city is negotiating with Gainesville developer Ken McGurn in hopes he will complete a project that Mayor Rob Marlowe once called an eyesore. During a meeting last week of the Community Redevelopment Agency, composed of City Council members, Marlowe called on the city staff to move forward with reaching an agreement with McGurn to start anew.
The project, which fronts Main Street, first emerged in 2004 with an estimated construction cost of $17 million for three buildings with 46 residential units and 19,000 square feet of retail and restaurant space. But the project stalled amid the real estate collapse in 2008, leaving just one partially completed building.