On Friday, two days after the civic election, the hopeful developer of the "River Landing" complex (also known on this blog as "Fort Gathercole") reported publicly that he did not have the money and so would not be building. So the "Atch Hole" is going to be a hole for a lot longer.
This came as absolutely NO surprise to any of us who have followed this tragic saga for the last number of years. Indeed, we would have been shocked if he had been able to come up with the money.
The biggest question -- what will City Council do next? Just try to re-jug the proposal, or do some serious re-thinking?
For background information see: River Landing.