An agreement to build a billion-dollar convention center and resort on the Chula Vista bay front could be delayed by six months, as the Port Commission is scheduled to extend this month’s bargaining deadline next week.
If approved at Tuesday’s meeting, talks between the port, city of Chula Vista and developer Gaylord Entertainment could last until Nov. 30.
The two public agencies and Gaylord have been working since last summer to finalize a deal. Preliminarily, the city and the port agreed to subsidize the project with $130 million in public funds and $178 million in infrastructure costs.
The Gaylord project is expected to kick-start redevelopment efforts on the barren bay front.
Tuesday’s meeting will take place at 9 a.m. at the Port Administration Building, located at 3165 Pacific Highway in San Diego.