Silver Companies enjoys relationships with a growing number of top-quality hotel brands. The third Hilton brand to become part of Celebrate Virginia's hotel village is nearly complete, and development of three new-build Hyatt PlaceTM hotels is in various stages of development.
Feature Project: Celebrate Virginia's Hotel Village
5-7-08 Silver Companies breaks ground on a $20 million+ project -- a four-story, 127-room Hyatt Place. Restaurants and an extended-stay hotel are being considered for parcels adjacent to the new Hyatt Place.
SILVER COMPANIES BREAKS GROUND ON TENNESSEE'S FIRST NEW-BUILD HYATT PLACE
5-6-08 Silver Companies CEO Larry D. Silver together with City of Germantown Mayor Sharon Goldsworthy and MMI Hotel Group Co-Chairman Earle Jones Break Ground on Hyatt Place Germantown. Construction Expected to Start May 19th.
4-23-08 Kalahari Resorts in Celebrate Virginia wins six of seven votes from Fredericksburg City Council members. City ordinances necessary to distribute tax-based incentives pass.
4-9-08 Kalahari project draws overwhelming support during public hearing.Kalahari's potential to create jobs prasied along with the wide impact that its $230 million project will have in the local economy.
3-19-08 Consultant calls Kalahari the "gold standard" of water park hotel operators, and said its claims that it will generate nearly $6 million in new annual tax revenue for the city are reasonable.
"There really is very limited direct risk to the city, which is very important," said James Prost, of Maryland-based Basile, Baumann, Prost, Cole & Associates. "A hotel project, and particularly a major resort hotel project like this, is going to bring in net revenue that the city would not otherwise receive."
CELEBRATE VIRGINIA SOUTH AMONG SIGNS OF "GOOD GROWTH" IN REGION
2-26-08 Local newspaper points to progress in Fredericksburg region; includes Celebrate Virginia South benchmark as example of improvements that bode well for the community.
CELEBRATE ALABAMA LOCATION MAKES FORBES.COM's TOP 10 LIST FOR FASTEST-GROWING SMALL METROS
2-2-08 Auburn-Opelika -- location of Silver's latest retail, entertainment and attractions destination -- is named as one of the Top 10 fastest-growing small metro areas in the nation. Officials credit the metro's location along the I-85 Corridor and economic recruiting for the tremendous growth.
FREDERICKSBURG GROWS AS A MAJOR TOURIST DESTINATION
1-10-08 Fredericksburg Growing as a Major Tourist Destination -- Silver Companies Brings Kalahari to Celebrate Virginia + Aids Fredericksburg Athenaeum... Teens to Benefit
HARLEY DAVIDSON CONVENTION COMING TO CELEBRATE VIRGINIA!
11-21-07 Fredericksburg Expo and Convention Center Wins 2008 Annual Rally and Convention -- Expected to Draw 3,500 Attendees, Generate 5,000 Room Nights and Result in Approximately $2.6 Million of Spending for the Local Economy. Direct Tax Revenue Projected to Approach $100,000 with the Three-Day Event.
KALAHARI RESORTS TO BRING WATERPARK THRILLS & MORE TO CELEBRATE VIRGINIA
11-16-07 Kalahari Marks Largest Celebrate Virginia Project to Date: Nation's Leading Innovator in Waterpark Resort Development Set to Build $200 Million Indoor Watepark/Resort/Event Complex
09-11-07 Silver Companies' closes on 10.8 acres for Forest Hill Heights development in Germantown, TN, slated for a four-story Hyatt Place Hotel and four outparcels
CITY APPROVES INCENTIVES FOR CONFERENCE CENTER & WEGMAN'S
08-16-07 Wegman's predicts Fredericksburg store will generate $60 million in sales; City Council approves tax incentives plus creates opportunity fund.
TESTIMONIAL "To be successful in the convention business, it is critical and important for us to offer our attendees, our customers, all of the services and attractions and amenities that you would find in other convention markets. And Celebrate Virginia delivers that for us. "
- Tom Ballantine,President of Ballentine Management - Owner/Operator of Fredericksburg Expo and Conference Center
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