Matt and Howard are back from Boston but they don't plan to resume posting weekly photos of the Pond Bay project, taken from their house. The reason – well, there's not much progress being made.
"For a time, we were regularly posting updated pictures of the Pond Bay development at Chocolate Hole," they wrote on their blog," St. John Talk. "However, for the past month or so, development has halted. Rumors suggest funding has dried up. Therefore, it seems a bit silly to continue to upload pictures while no changes are taking place. Therefore, until development resumes, we will halt the Pond Bay updates."
The Inquiring Iguana hears that there's a dispute between the Pond Bay developer and the money folks, a German bank. Earlier plans to open the project in time for Christmas seem overly-optimistic, maybe by next summer.
- St. John Talk blog can be found at http://www.stjohntalk.com/blog/?p=1392
Bummer
Another sad scar on the island….beautiful land turned into promised ‘resort’ & then left with the scab & wound wide open & unfinished….
Some beautiful islands are made to be more beautiful. Let’s just say that resources in that land is really for that for better living.
-manny
it sure would make a nice location for a new public school – and it’s half done already!
So sad to know the funds has dried up. That Island would be more beautiful if there’s lots of funds to improved it.
THIS ISLAND IS LOOKING FANTASTIC I THINK THIS SI GOOD HOLIDAYS FOR FAMILIES AND ALSO FOR COUPLES.
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ADAM SMITH
“dofollow”> Buderim real estate/a>