Posted Wednesday, December 21, 2011 8:57 AM | Contributed by Jeff
Businessman Tom Lochtefeld, who oversaw the renaissance of Mission Beach’s Belmont Park over the past decade, is suing the city of San Diego for $25 million following a rent dispute over the city-owned property that led him to file for bankruptcy and put the amusement park’s future in doubt.
Read more from The Union-Tribune.
Sigh, politics in San Diego. Wouldn't surprise me that there is a whole lot more to this than what is being made public.
I doubt it... there's a long trail of news items around this.
while East West Bank decides what to do with the lease rights and how to best recoup its money.
This would be the scary quote for those that prefer it remain an amusement park. What the world needs now is another condo project with a Banana Republic on the first floor...
Maybe they could move the park inland and theme it to Rock-n-Roll...wait...wrong coast or something...
Wrong everything. Burrows and Chapin closed the Myrtle Beach Pavilion down but had nothing to do with Hard Rock Park or any owner there after.
The good news is that this has nothing to do with most of the attractions, including the Giant Dipper.
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