Jamie Meiselman, the founder and CEO of Surfparks, LLC has been planning to build the world’s best artificial wave park for nearly a decade. But now his best hope for realizing that dream, the Ron Jon Surfpark at the Festival Bay Mall in Orlando, Florida, has run up on a dry reef according to a story in the Orlando Sentinel.
Thanks to repeated delays (the project was announced four years ago) “the Cocoa-based Ron Jon Surf Shop has pulled its name from the project.”
“We had some flaws in the technology and invested quite a bit of money in fixing that,” said Jamie Meiselman, founder and chief executive officer of the company behind the project, which calls itself Surfparks LLC. “The good news is we were able to solve the problems; the bad news is it came at a cost.”
According to the story, the $9 million that Surfparks, LLC raised to build the project has already spent on “unexpected research and development.” Wow. That’s a lot of research.
[Link: Orlando Sentinel]