Imagine Clearwater groundbreaking delayed due to uncertainty over commodities prices The City Council agreed to delay Mondayâs planned event until the construction manager provides final costs for the estimated $64 million project   A final rendering of Clearwater's 22-acre downtown waterfront, a $64 million transformation to include a concert venue, green space, a bluff walk, playground and plaza leading to proposed mixed use projects. [ Stantec ] Updated 2 hours ago CLEARWATER â City officials have agreed to postpone Mondayâs long-anticipated groundbreaking of the estimated $64 million transformation of the downtown waterfront in light of soaring costs of building materials and the uncertainty that brings to one of the cityâs largest infrastructure projects.