Picture of the Landmark Hotel from Blanco Nino
If you recall, we asked some real journalists to investigate the whole story about the construction halt and lack of financing for the Landmark Hotel. Thanks to a real journalist at the Daily Progress (his name is Brian McNeill), we have an update! It gets messy…
Here is what we learn:
- The Bank which Halsey Minor said stopped payment is named Silverton Bank. While they didn’t comment specifically on the Landmark Hotel loan, they did give some standard PR bullshit to the Daily Progress which explains nothing about the situation.
- It seems as though Lee Danielson, the project’s developer and Halsey Minor are having a gentlemen’s fight. The bitchslapping words from Danielson “Google him,” and “He’s not a real estate guy.” OH SNAP. Minor didn’t really bitchslap, but he did respond with a “I’m not the one paying now” and a “If Lee Danielson can figure out a way to keep the project going on Monday, he’ll be the world’s best developer.” What kind of fight is that?
- The construction company involved declined to comment.
- Pretty much no one is talking about details.
- The story makes absolutely no sense; we still know nothing.
Old picture:
Related posts:
- Bank Stops Lending to Landmark Hotel Project; Construction Halted
- Danielson No Longer Landmark Developer
- The Landmark Hotel Is “About the Community”
Cool picture. But I worry that it’s a ’shop.
that rooftop bar doesn’t look very much like it’s on top of the roof. i’m disappointed.
picture is totally real.
so’s this one…
http://www.upload.mn/view/5un3bviktowfieyj1av7.jpg
I feel bad for the construction workers. Still, I guess they can go and get a job with Church Hill. Wait, what?
@4Great photo! I did not know it was going to be a Red Roof Inn
But where will all the cars park once the box opens as the new rooftop bar?
i think the sainted Olly Kuettner bought it from Lee Danielson for X million,
then HM bought it from Kuettner for X million plus 2 more? hard to unravel this stuff on google.
poor construction workers, yes. and poor suppliers of materials, also no-doubt unpaid.
now that a lawsuit is filed, freezing all debt-obligations until settlement a year or so away,
workers and suppliers will have more free-time to leisurely ponder themselves into
the same slavish defensiveness and lavish adoration of HM that you all have.
@6 – i believe there’s free parking across the board from the hotel
No surprise in this economy… I always thought it was a bit of a weird place to put anohter hotel, siing that the Omni is just down the way…
Grarrrrgh!
anohter = another
siing = seeing
@9
HM might be cleverer than we know:
OMNI has only four rooms left on friday, eleven left on saturday.
Agreed on HM. His comment either pricks Danielsons pride and gets the project going, or he looks like he knows what he is talking about.
@12
i agree, danpri—i think he’ll pull this one off. the lawsuit gets his debtors off his back, the comments-to-the-press get Danielson going probably to the extent of coughing up money of his own to cover project deficits
in the short-term, and then eventually that bank will lower interest or another will swoop in to save the day
with even more advantageous terms.
the guy MAY BE (yet to be proven) sortof slimy and sortof a ’sharp’ in business,
and VERY unVirginian,
but he’s successful at it—
looks like he’ll get his paintings and his hotel at about half of what he ‘paid’ for each.
Can I park there yet?
@14
i think there’s a parking lot across the street from it—but i wouldn’t leave any valuables in your car—
on the site are 150 construction-workers with crowbars who haven’t been paid by HM in three months,
and Snooky’s Pawn Shoppe is just around the corner.
now there’s NO rooftop bar. boo!
Gosh I’ve never seen 150 crowbar toting YMCA dancing and out of work construction workers in one place. Perhaps the currently out of work construction guys should get to work on some more of that ART IN PLACE stuff. I think it’s very smart to have art on the roads so that when we are driving and you aren’t fucking with your ipod, or texting you can have something to look at. While driving….
@17: Do you feel the same way about billboards?
@17
you are such a good lad. thank you for reintroducing wit to the site.
one assumes non-payment will mean that the BIGASS CRANE gets hauled out of there lickety-split.
where will local stock-brokers go to suicide-jump now that their portfolios of CNET stocks are worthless?
I don’t know how to read, so yes.
@19 – that’s the first thing I thought, what’s gonna happen to our big city/big ass crane – notsomuch worried about security in the water street garage. No problems ever, there. Except that one time when I misgaged the time and hadda go back the next morning to pick up my car…loser.
This sounds a bit like what happened with the Omni financing. They had problems and the city loaned them the money.
@22
my impression also, and plausibly what the developers are angling for in this recent ballyhoo— a sortof local taxpayer bailout of the over-reaching developer. it certainly worked out great for the OMNI– endless-term loan at zero interest and significant increase in city taxes—gawd there was a flap about it in the papers when that all happened.
law changed. i think one developer is trying to snook the other one and blame the bank. people come up with all kinds of excises when it’s time to sign the check. just a guess.
it will be fun to see how this all plays out. danielson has a nice temper, and HM has exhibited some snarkiness himself, though i think he needs some advice in public-image—he has the background to be a little smarter in his acidity of public-comment.
seriously—
anyone have an address for HM? I’m liking him more and more.
i think i want to apply to be a speechwriter/spokesman for him.
didn’t all the contractors on the ice/movie have to sue Danielson to get paid? or was that bad journalism, another possibility.
@26: THE CODE COLFER, THE CODE!!!
@26 I agree echo that is outrageous…. someone sober up a moderator and get this sorted out once and for all.
Yeah, Ice is not a Villain. Now for your entertainment… and the Bard spawned worse I’m sure…
http://www.youtube.com/watch?v=dnYAkvCpom0
The URL even looks like ‘porn0′.
I was in Eppie’s for lunch today, sat up by the front window, and I swear to GOD that two cVillains (man, who eats at Eppie’s enough to have his own register button, and woman, very businesslike and in a hurry) were conversing in rather conspiratorial whispers about Mr. Minor and Mr. Danielson’s construction and financing snafu. I’d have dropped the bomb and revealed my identity as a nascent participant on here, but figured I’d rather be sneaky and post about it.
26 world, you need to read @31. I guess we’ll have to wait until Wednesday to have a Halsey free day.
Dammit philbert!
@32 I’ll hope for a Christmas miracle.
oops. looks like someone got some shit in this week’s Cville.
@35 I prefer Charmin but each to their own I guess…..we are in a recession after all.
@33 What did I do? ACK! I’m SORRY!
…Wait. I think echo is helping me, here.
*tents fingers*. Yessss.
philbert… it’s simple….DON’T MENTION THE H WORD AFTER 12 MIDNIGHT OK?
Thanks.
Gotcha. So… yeah. My bad.
Halsey Minor
@38: And whatever you do, don’t get it wet or feed it. HM will split into gremlins.
@41 That would be cool…. he could put them to work on the Landmark. Free labor.
@42: but bad for machines. guess it would be back to hand tools…
@40 I didn’t say it!
You know, I always wanted a pet gremlin. As a little child I thought their grotesque and evil countenances were cute. Like gerbils.
Philbert…. welcome to the party.Except there isn’t one tonight. We’re all hating …gah.
I’ll second that gah, and add a blargh for good measure.
I feel like we are at a party and there’s a fight in the kitchen so we are all hanging out in the room with all the coats on the bed. Anyone want to make out?….I bought all the booze in here with me.
Haha, glad you snagged the booze from the kitchen before the fit hit the shan
Yeah…. however the reality is not so hot…. I’ve got half a bottle of 99 Bananas, a fifth of Creme de Menthe and a bottle of Baileys that smells a bit off. But hey, think of the kudos when you vom up all over the coats and it looks like the Mexican flag….. Let’s party!!!!!!!!
@47 this is like my housewarming party in ‘04 when my then-boyfriend’s ex wouldn’t shut up about politics and i ended up taking my strawberry daiquiri (and the pitcher with the rest of them) and sitting on the bus bench outside until everyone finally left.
/glad i downloaded my new cds this afternoon……
@49 Oh my god, that sounds like one of the worst combinations you could be stuck with. Right up there with some little corn whiskey that has the consistency of light crude.
AHAHAHAHA….orchid that really is a sad image. BTW how is your finger ?
Tinkertoy…. in these situations it doesn’t pay to be fussy… drink up.
@51 not a bad combination until you throw in some licor 43 and some absinthe. or lemon juice & milk. THAT’s a winner.
@52 i don’t even miss it anymore.
Im not loving the absinthe thing at all… overpriced Ouzo IMHO
we almost got mugged trying to drink some in barcelona (i think that was before my ex got beat up by the clown), & i brought some back from prague. it’s like green windex.
/might drink it before ouzo, though.
Chartreuse is my greenish herbal liquor of choice.