I keep hearing rumors that the downtown hotel project is not dead. Latest is that the developers will be at the upcoming meeting of the Guilford County bond authority board...
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Jun 29, 2010
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The bond authority meeting that was to be held tomorrow has been canceled for lack of new business -- the same thing that's happened to every meeting since they initially asked for more info on the project's financing and the backers declined to provide it.
County attorney Mark Payne tells me that he believes that at this stage in the process the project would have to essentially start all over again with an application to the state and the bond authority, and to his knowledge that hasn't yet happened.
Posted by: Joe Killian | Jun 29, 2010 at 03:34 PM