CLEARWATER, FL - The price tag on the 'Imagine Clearwater' project is reportedly jumping to $84 million. It'll be up to the city to vote on whether to move forward with construction.

What You Need To Know

  • 'Imagine Clearwater' price tag has increased $20 million

  • The vote is set for this Thursday

  • City officials reportedly ready to move forward

The vote is set for this Thursday.

The cost is going to be a big factor to consider because it's $20 million more than the original estimate.

This price increase has to do with the cost of building materials, and re-adding amenities that were previously downsized.

According to our partners at The Tampa Bay Times, despite this jump in price, city officials are ready to move forward.

'Imagine Clearwater' is a transformation of downtown Clearwater on the waterfront. There will be an outdoor amphitheater, green walkways, a playground, and a plaza, all surrounded by new housing and retail spaces.

Click here for a closer look at 'Imagine Clearwater'