The Cascades Project – Tallahassee’s largest economic development initiative in recent history – will bring a vibrant live-work-play experience to a two-block area on East Gaines Street, directly across from the 24-acre Cascades Park. In addition to generating more than $350 million in economic impact and creating nearly 700 permanent jobs, this transformative urban development will honor Tallahassee’s rich history through the preservation of the architecturally significant former County Health Unit, the restoration of the Old City Waterworks building and the creation of a community- envisioned historical plaza. Project components include market rate mid-rise residential, retail, office, restaurant and hotel space built to maximize views of the park and the Capitol building, along with pedestrian-friendly paths connecting the development to downtown, a range of family friendly amenities, event space to support performances at the Capital City Amphitheater and expanded public parking. The grand opening of the first phase of the project is slated for late 2020.