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.
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