Thursday, August 6, 2009

Unable to sell condos, developers propose a park - Breaking News from the Press-Register - al.com

Unable to sell condos, developers propose a park - Breaking News from the Press-Register - al.com: "GULF SHORES, Ala. -- A group of developers who once had plans for a pair of 22-story condo towers and a 205-slip marina on the banks of the Bon Secour River have a new idea for their pricey property: a public park and boat launch.

To that end, the developers, who own about 12 acres along Baldwin County 6 through Marina Club Bon Secour LLC., have enlisted Montgomery lobbyist Logan Gray to sell the idea and encourage public officials to tap into the next distribution of oil and natural gas royalties for the millions of dollars it will take to buy the property."