Interesting note for GROWTHOPHOBES out Eagle way.
When the developers offered all the hype for a golf course community, the city fathers and mothers of Eagle jumped aboard and all crowed about pumping millions upon millions of dollars into the Treasure Valley annually.
It never happened because the developers didn’t have the money–as with Avimor, Tamarack, and most of the others it was all based on overly optimistic predictions…certainly sounds a lot like the Team Dave hype on the Desire named Street Car. With nothing more than blue sky and some bare ground, the lender is now trying to dump the property at public auction next Monday in hopes of recovering a few dimes on $38 million in outstanding loans.
For more details, check out the story buried on B-7 of Friday’s DAILY PAPER—a lot different play these days compared to the announcement three years ago.
To insure more advertising-free Boise Guardian news, please consider financial support.