Hello again everyone. The Mesquite Real Estate Association of which I am vice President of, met Tuesday with Bryan Dangerfield the Director of Economic Development for the City of Mesquite and Josh Olmsted one of the owners for the Desert Falls International Sports Resort. As I have told you in previous blogs, Desert Falls is really a huge complex and quite a large undertaking. Mr. Olmsted, who I believe is very serious about getting this project completed, went into to great detail on what the resort was going to be like.
There has been a lot of skepticism as to whether or not the DFISR would ever be started let alone completed. However, according to Olmsted they intend to break ground just after the first of the year and the goal is to be playing on the new softball fields in 2010. When asked about funding for the company, Olmsted said that the developers are working with a trust and that Phase one of the project is fully funded. The complex, in case you weren't aware, is of course going to have the different sports facilities but also dining, shopping and housing. It looks to be a fantastic resort and is being compared to Disney World type resort rather than another sports complex.
Will it ever happen? Well as you know the developers have put a down payment of $316,000, and I don't think they will want to loose that. However, we will have to wait and see. If they break ground after the first of the year I will feel a little better. It has been delayed as most construction projects do but I can tell your that Mr. Olmsted and others seemed to be very determined to complete the resort and also to make sure that it is engineered correctly from the beginning. Remember folks this is a 500 million dollar project to be built over 5 years. It's gong to take a while but with the increase of tourist and jobs I believe that it will be a great asset for a town.
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