Wednesday, May 25, 2011

Uh-oh, Bumblin' Burwell is back with a hand out.

The Rez News blog reports on our old friend and Harborwalk promoter John Burwell is back for more help from the PRVD:

"Mr. John Burwell spoke to the group (Shoreline committee on May 16) and provided some history on the project, then told them he was in the same position as last year, no financing for the project....

Last year Mr. Burwell ask the board if they could work out an arrangement where he could avoid taking down the parcel that was due in July 2010. A deal was reached where Harbor Walk could delay, by one year, the take down of the scheduled parcel. For that consideration he would pay the PRVWSD an agreed to sum of money and take down two parcels in 2011.

On Monday the board was put on notice that the Harbor Walk developers will be looking for a similar arrangement this year.

Mr. Burwell told board members that he wants to stay the course and complete the project. His words were "We want to build something spectacular". Rest of post

Uh-huh. Lets face it folks, Harborwalk is a flop. It has not happened, it is not happening, and it is not going to happen. Period. Its time to quit giving special treatment to Mr. Burwell and if he goes under, he goes under. The Reservoir should be the crown jewel of the area but that is not going to happen while Mr. Burwell holds those leases. The District needs to put this dead dog out of its misery and pull the plug. No extensions, no nothing.

Harborwalk: Hoax or folly?
Harborwalk Update September 2010
Is there a Harborwalk?
Harborwalk: Here we go again.
Today is the day






Posted by Kingfish at 8:50 AM

11 comments:

Anonymous said...

Exactly, agree.

Such a shame The Dock was torn down for nothing!

May 25, 2011 at 10:57 AM
Anonymous said...

I have met with him about the possibility of financing a portion of the development. But he was so delusional and unrealistic about the situation that he was in, that it will never happen. As soon as he is forced out of the deal, maybe it will happen under a more realistic and trustworthy developer.

May 25, 2011 at 11:08 AM
Anonymous said...

Watch your ad placement, KF - I'm sure Joe T's doesn't want to be associated with this loser by their ad popping up in the middle of the story.

May 25, 2011 at 12:45 PM
Anonymous said...

Hell - I had three 12-year-olds in my car last night leaving the soccer complex complaining about Rapids being torn down for nothing. They're too young to miss The Dock!

May 25, 2011 at 12:48 PM
Anonymous said...

Hell they might as well let C.E. and Claiborne get their hands on the lease when it comes available. They could have had more developed by now than that dick head Burwell could have in 3 years.

May 25, 2011 at 2:26 PM
Anonymous said...

12:48, Rapids wasn't "torn down for nothing". It lost its economic viability. When the water park opened at Philadelphia, it took most of the business from large groups, because it was new and different, and probably bigger and nicer. And now that one is, or was closed, last I heard. There is no parallel between the closing of Rapids and that of the Dock. I'm speaking to the Rapids situation because I'm good friends with the former owner, and am very familiar with the situation. I'll let others comment on how and why the Dock got closed, but it sure wasn't due to lack of business!

May 25, 2011 at 4:15 PM
Anonymous said...

Burwell probably could make a go of it if he used Frazier Financing. Line up investors. Use that as equity to obtain a bank loan. Act as your own construction company. Build the building. Don't pay your subs. Sell the condos, keep the money and don't repay the bank. Tell the investors that you haven't sold anything and don't repay their money.

Then for good measure, buy a really big boat and park it smack dab in front.

May 25, 2011 at 6:03 PM
Anonymous said...

I remember a Wednesday night in the Dock when Burwell was in there drinking with some 21 year old chick. It got exciting when his better half showed up and commenced to whooping him with her purse. Seeing him trying to explain himself while his shirt was torn was quite entertaining since we knew he was one with the big plans of what would happen after the closing.

May 25, 2011 at 9:41 PM
Anonymous said...

A little off topic...but the parks in the metro area (Fannin Landing, Trace) are SO nasty. Not a single bench, picnic table, or sheet of tp at the Fannin Landing site...I wish PRVWSD would take notice and DO SOMETHING!

May 25, 2011 at 10:06 PM
Anonymous said...

the lease for the area is public record...45 + pages with all sorts of performance clauses that he hasnt lived up to. The PRV wanted to get rid of the previous tennants and believed Burwells load of crap. That being said, He did eliminate the "Dock Problem" and double the slip rent while costing Rland loss of sales tax and DUI revenue. Would love to see what the wash out on that is. Nothing will ever happen out there on any scale other than whats there. No way. Get real.

May 25, 2011 at 10:32 PM
Anonymous said...

KingFish,
How does one get a copy of Burwell's lease?

May 27, 2011 at 11:05 AM

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