Channel Marine

[eye spy]

Hey Phantom

Eric Tierno is gone, you can fine out for sure call Channel an ask for him. Bills brother was parts manager and still works for Channel but as Machanic. Eric was the one that got Brad Davison fired. He then took over for him and lasted about 11 months. Both Doug and Vins wifes are not well and they want out. They won't tell anybody at Channel what they are going to due. Would you

[Phantom]

Sorry to hear the news about the wive's -- Shame about Eric too -- I liked him a lot!!

To the Sale as Condo's -- I would think it would be a more lucrative deal to sell the Marina (as a Marina) than to sell the real estate for future condo's. God know's Doug & Vin seem to have done well by their purchase. Just my two cents as a loyal Channel Marine customer/client.

[LIforrelaxin]

Originally Posted by Phantom

To the Sale as Condo's -- I would think it would be a more lucrative deal to sell the Marina (as a Marina) than to sell the real estate for future condo's. God know's Doug & Vin seem to have done well by their purchase. Just my two cents as a loyal Channel Marine customer/client.

The issue here becomes one of easy money. For a developer who wants to make money with the least amount of headaches, it is more profitable to build condo and ax the marina. For a business man the marina would make sense for more money down the road.....

At any rate what I read into this picture, is that possibly the Marina could be put up for sale.... and then it is up to the new owner what will happen....

[lakershaker]

Don't forget there are more than one kind of condo - they could be selling off the marina piecemeal as condo docking slots like many other marinas on the lake have done in the past... That way, zoning stays the same, but they still get big bucks for the real estate...