HomeOpinionOpinion: Regency Mall proposal is designed to bamboozle citizens

Opinion: Regency Mall proposal is designed to bamboozle citizens

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Any person with real estate development experience had a good laugh listening to the proposal about the Regency Mall. The current owner and proposed developer, the Cardinale family, has never had any intentions of developing the property and never will. There are a couple of ways the whole thing co...

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9 COMMENTS

  1. SCENARIO 1: NUTTIN WILL HAPPEN AS IS MOST OFTEN THE CASE IN AUGUSTA.
    SCENARIO 2: PROPERTY WILL BE SOLD TO DISNEY FOR A BUILDING OF HORRORS.
    SCENARIO 3: KENDRICK WINS AND USES HIS POSITION FOR A/RC TO BUY PROPERTY FOR A SHERIFF TRAINING FACILITY ON COMBATING CRIME IN AUGUSTA.

  2. Well stated. If Kendrick should win the election and the proposed regency development doesn’t happen, he’ll go down in flames. If Johnson wins the election and the development doesn’t happen, Kendrick will say yes because he was not elected.

  3. I am in agreement with this article’s “scenarios”, but truly believe, that this was a complete run-off campaign shell game with nothing to back it up. As I said previously, the fact that Cardinale did not send ANY form of representation, proves that if they were actually contacted by Kendrick, they were not willing to provide “legitimacy” to the “Regency Mall Press Conference”. Cardinale is not going to put any more money into this questionable investment of theirs. They are only going to get excited if there is OPM (Other People’s Money) on the table. Proof of this is the fact that they have only sunk money into the property by way of ripping up most of the asphalt, so they did not have to pay the storm water fee. It is going to take more money than the ARC Development Authority has access to. Further proof of the “shell game”, is the fact that the Development Authority president, nor Authority, were even aware of any discussion with Cardinale. Based upon the location of the former Regency Mall, I can see no one jumping at the chance to live there. The criminal activity in and around the site, is what caused the mall to die. The area has not been “disinfected” to this day. It is going to take some higher power than Steven Kendrick, to get this thing kicked into gear.

  4. Augusta already has property that it owns but is in disrepair and money for the repair is not available. Of course I am referring to the boat house, that was once a restaurant. Why does the city want to enter into another impractical project doomed to failure with the city left holding the ball?

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