From Lee Geanuleas:
Monday, APRIL 25, 2016, St. Augustine City Commissioners will be asked to consider on first reading ten more years for the Sebastian Inland Harbor Planned Unit Development. Come speak during general public comment at 5 PM. The City sold the land to a developer, which lied, broke its promises, refused to provide documents on its claim to have signed up for a Westin Hotel, and then went bankrupt.
The project is now owned by a Limited Liability Company (LLC).
Full disclosure and transparency.
Enough Bolesian corruption -- when I asked about the Westin that lawyer GEORGE MORRIS McCLURE promised, Mayor JOE BOLES refused to ask for the paperwork, taking brother lawyer McCLURE at his word.
That was absurd -- McCLURE was a crook, as the FBI tapes of him and Sheriff DAVID SHOAR establish beyond peradventure in the Manuel case.
San Sebastian Inland Harbor sold for $4.75 million
Aug 19, 2014, 7:31pm EDT Updated Aug 20, 2014, 10:27am EDT
Jacksonville Business Journal
A long-vacant site on the San Sebastian River in St. Augustine that had once been slated for high-end condominiums and a hotel has been sold for $4.75 million, according to records filed with St. Johns County.
The St. Augustine San Sebastian Inland Harbor was purchased by SA Marina Holdings LLC, a Sanford-based company. The managing member of SA Marina, formally Humphrey SA Holdings, is Gulambbas Abdulhussein, according to state records. Abdulhussein and the Abdulhussein family partnership are involved in a number of property investment projects throughout Florida.
The riverside land has been sold for $4.75 million.
The seller was represented in the transaction by Tarik Bateh of JLL Capital Markets Group. The property was owned by Redus Florida Commercial, an affiliate of Wells Fargo, which took over the property after it was foreclosed on in 2007.
The sale of the property could have a significant impact on St. Augustine. “It’s a big deal for this city getting this property developed,” said City Manager John Regan said.
The 10.4-acre property, located at 159 King Street in St. Augustine, is being considered for a mixed-use development, including a marina, hotel, retail center, and perhaps residential housing, a source familiar with the project said.
Jacksonville Beach developer The Devlin Group Inc. had proposed a hotel, condo and spa development in 2006 that was to carry the Westin flag. The site never saw any vertical construction, but several floating marinas were added in 2007, as an effort to attract investors to the project.
Last year, members of the Urban Land Institute spent two days brainstorming the best possible use of the site.