The developers of a proposed surfpark in Jacksonville, Florida have discovered that new estimates on the park’s construction costs may mean no surf park, according to a story in the Jacksonville Daily Record.
The city is seeking to offer a $4.6 million incentive for the proposed Jacksonville Surf Park after its developer, Aventuur Inc., said new cost estimates have put the overall project in jeopardy. . . . The 5.5-acre park, part of a larger, 45-acre space, is planned in the eTown development in South Jacksonville. It has an estimated capital investment of $100 million.
So nice when City government chip in on private businesses isn’t it? See, socialism works for big business all the time. Would love to get a $5 million incentive from anyone at this point. Sidenote, if you have an example of a sustainable, profitable, stand alone wave pool built anywhere, please let us know.
[Link: Jacksonville Daily Record]
