A private developer (dpM Partners, LLC) is proposing to build a hotel and conference center in Downtown Harrisonburg.  The $40M project would be (per the proposal) paid for with $9.5M of public funds towards the 18,180 SF conference center.....and the remaining $39.5M of private funds would help build the remainder of the project to include a 205-room hotel and a restaurant.

Thus far.....

• Sept 2012 - City Council discussed proposal, decided to seek competing proposals.
• Nov 2012 - No new proposals were received.
• Jan 2013 - City Council asked the developer to conduct a feasibility study
  

And the latest update is that the developer will likely be ready to present the detailed plans (and feasibility study) to City Council by early summer.  Read today's DNR article for more details.