Business View Magazine | September 2019

244 BUSINESS VIEW MAGAZINE SEPTEMBER 2019 million in private capital investment for the redevelopment district upon completion. Palm Bay Executive Park Progress is well underway for the new Palm Bay Executive Park, located near Bass Pro Shops southeast of the Interstate 95 (I-95) at Palm Bay Road. The 10-acre site will be home to nearly 71,000 square feet of commercial space in total anchored by a 16,914-sq.-ft., 106-room Hyatt Place hotel and a 12,570-sq. ft., 87-room, Home2Suites by Hilton hotel.-sq.-ft. The two four-story hotels will be completed during Phase 1 of the development. The Executive Park will also feature over 41,000 square feet of additional commercial retail and restaurant outparcels consisting of 13,000 square feet of single-story, multi-tenant retail space in Phase 2, followed by an additional 12,500 square feet in Phase 3. Phases 4 and 5 will include two high-quality sit-down restaurants, totaling 7,400 square feet, and 8,500 square feet, respectively. pictured Aqua Residences pictured Palm Bay Executive Park pictured below City Manager, Lisa Morrell