Port leaders are expected to officially choose Sooner Investment and Collett as the developers of the Cove area.
Port commissioners want to make the port a destination for Brevard County and Central Florida residents, along with the 4 million cruise passengers that pass through every year.
At their meeting Thursday, commissioners are expected to allow port staff to start negotiating a contract with the developers.
The $80 million development project will include retail, restaurants, a hotel and a venue center.
The developers are hoping to turn the area into a Portside Village, inspired by Downtown Celebration and Key West.
The port’s CEO is hoping groundbreaking can begin next spring, with the first phase of the development opening in late 2016.
August 28, 2014