Riverfront Property Proposal(s)?

[NorthEnder]

Me thinks the mayor got snookered

[Rizzo]

^Its officially known as the KIAS Campaign.

[torgo]

WOOD isn't done yet!

"City officials will have a statement at 3:30 pm about the proposal submitted for their downtown riverfront property."

"In a Faust-related move, Lambert-Edwards is no longer representing the Atlanta-based developer. Lambert-Edwards' Don Hunt said it was by mutual agreement reached last Friday. Hunt would not give specifics why the agreement ended."

Linky:

http://www.woodtv.com/Global/story.asp?S=6142497

[GRDadof3]

With the jury coming back so soon with an "official statement" at 3:30, and Lambert-Edwards severing its relationship last Friday, I'd say that doesn't bode well for Mr. Faust.

[NorthEnder]

With the jury coming back so soon with an "official statement" at 3:30, and Lambert-Edwards severing its relationship last Friday, I'd say that doesn't bode well for Mr. Faust.

[DwntwnGeo]

Then can it die, or will Local talent have more excuses to why it's our fault. ?

[NorthEnder]

Please lets not start any fights in here. If you have a bone to pick with eachother do it elsewhere please!

IMO both parties had their fair share of mistakes and I doubt most of us don't know the whole story and probably never will.....

[Rizzo]

The City is going to be pulling the plug on this development.

[GRDadof3]

Please lets not start any fights in here. If you have a bone to pick with eachother do it elsewhere please!

IMO both parties had their fair share of mistakes and I doubt most of us don't know the whole story and probably never will.....

[torgo]

GRAND RAPIDS - Mayor George Heartwell told 24 Hour News 8 he is not inclined to go forward with development of the 16-acres of riverfront property.

"I am at a point where I personally would not like to see this go forward," Heartwell said. "Chalk this up to experience. Sooner or later we will develop that property, but not this time around."

[FlawlessDeveloper]

Flawless Developer do we know each other ?

If you're 'flawless' how can you justify singing the praises of a no-money 'developer' who's never developed anything ?

The real people are gone, we are left with Duane and Duane has no capacity. This has been demonstrated a million times. Santa Claus ain't comin' to town.

Why are you people still talking about Duane ?

[francishsu]

I think Northender missed the post about localtalent looking for a "crow recipe". I think he knows the jig is up.

[gvsusean]

[Rizzo]

Don't cry... its ok. There are other acreages. If Faust is genuinely interested in Grand Rapids he'll find a way to make this development work on the properties around public works land.

[civitas]

Don't cry... its ok. There are still other acreage. If Faust is as genuinely interested in Grand Rapids he'll find a way to make this development work on the properties around public works land.

[gvsusean]

Don't cry... its ok. There are still other acreage. If Faust is as genuinely interested in Grand Rapids he'll find a way to make this development work on the properties around public works land.

[Raildudes dad]

WOOD isn't done yet!

"City officials will have a statement at 3:30 pm about the proposal submitted for their downtown riverfront property."

"In a Faust-related move, Lambert-Edwards is no longer representing the Atlanta-based developer. Lambert-Edwards' Don Hunt said it was by mutual agreement reached last Friday. Hunt would not give specifics why the agreement ended."

Linky:

http://www.woodtv.com/Global/story.asp?S=6142497

[localtalent]

Actually, I thought he was implying that his crow recipe was going to be for all the doubters. But if one believes that the numbers of doubters and "believers" were both large in number, the recipe could apply to either.

[GrSportsGuy]

C'mon people. This whole thing was a joke to begin with. Faust is a crackpot. Wake me up when someone legitimate wants to develop on the property.

[Rizzo]

Wzzm reports, "The City of Grand Rapids says they will now pursue “further actions” but did not specify what those would be."

That's pretty interesting, I wonder what those 'actions' will be?

[6th Gen local]

In my opinion the shame of this whole process is that someone (Faust) had a Great idea/vision. The city then tried to turn it into an RFP process.

The RFP should have been about selling the city property only, not the entire development. I think its all a moot point now, but did the JW Mariott or the Christman development on Michigan street have to go through an RFP process for the development phase?

[MAU]

I would have taken him a little more seriously if he had at least gone down to Staples and at least had his proposal bound.

[francishsu]

To me, the biggest challenge with that property was and still is the cost of moving all the municipal public works located there. The city wanted an investment that would basically fund the $60+ million it's going to cost to move everything. And I think they wanted that cost recuperated within several years.

Have to say that WOODTV's play on words calling it a "Faustian" deal (on their website) is below the belt.

[Rizzo]

http://woodtv.triton.net/news/rivergrand/faustproposal.pdf

I can just barely make out the illustrations, but there appears to be a suspension bridge.

[mgreven]

http://woodtv.triton.net/news/rivergrand/faustproposal.pdf

I can just barely make out the illustrations, but there appears to be a suspension bridge.