Faro for sale at the Weirs

[joey2665]

Originally Posted by VitaBene

Please explain how bike week negatively impacts the Weirs or redevelopment of it? It occurs before peak season. Biketember fest was a huge economic booster last year as well.

I think his point is that land remains stagnant and undeveloped in the area because the owners are happy with just the income generated by bike week. I am certainly not against bike week but I would also like to see the Weir’s turnaround and be redeveloped for more of a 365 day a year benefit not just 2 weeks in June and a week in September


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[LIforrelaxin]

Originally Posted by joey2665

I think his point is that land remains stagnant and undeveloped in the area because the owners are happy with just the income generated by bike week. I am certainly not against bike week but I would also like to see the Weir’s turnaround and be redeveloped for more of a 365 day a year benefit not just 2 weeks in June and a week in September


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So this is indeed one of the issue. Land owners create significant amounts of money with just bike week, because of it popularity. Why would you want to invest more money, if your making a profit that your happy with by sitting on undeveloped land.....

I have stated many times, that the State and the City of Laconia, need to work with the land owners to make it viable to develop some of the large parcels of land, and do it in such a way that will invite other events (craft fairs, boat shows, etc.) into the area.... That area down there could become so much more, and not loose the Weirs image... But all involved need to want it... However if they wait just enough longer, it will become the next Meredith tourist area and will be lost... As high Stakes developers will move in....

[Biggd]

Originally Posted by LIforrelaxin

So this is indeed one of the issue. Land owners create significant amounts of money with just bike week, because of it popularity. Why would you want to invest more money, if your making a profit that your happy with by sitting on undeveloped land.....

I have stated many times, that the State and the City of Laconia, need to work with the land owners to make it viable to develop some of the large parcels of land, and do it in such a way that will invite other events (craft fairs, boat shows, etc.) into the area.... That area down there could become so much more, and not loose the Weirs image... But all involved need to want it... However if they wait just enough longer, it will become the next Meredith tourist area and will be lost... As high Stakes developers will move in....

I don't think they will ever become the next Meredith if that's what you are worried about. Their taxes is too high to encourage development and they discourage change.

[Woodsy]

Believe it or not... there is not a whole lot more that can be done when it comes to Weirs development without possibly incurring HUGE expense!

I think the biggest stumbling block will be the archaeology of the area.... as we came to see in the failed bid for the Drive-In. All it will take is the discovery of bones or artifacts and the project stops dead.

The parcel next to Cumby's could sell to a hotel chain, but archaeology.... not to mention court battles with the Veterans when it comes to runoff, noise, etc etc.

Faro property could sell... but developing the field above? archaeology....

So when you couple the high initial purchase price, with the potential to find bones or artifacts, The Weirs quickly becomes a developers nightmare.

Surf Coaster could be rezoned and become a residential neighborhood, but the city has clearly indicated they want a hotel there.

Woodsy

[joey2665]

Originally Posted by Woodsy

Believe it or not... there is not a whole lot more that can be done when it comes to Weirs development without possibly incurring HUGE expense!

I think the biggest stumbling block will be the archaeology of the area.... as we came to see in the failed bid for the Drive-In. All it will take is the discovery of bones or artifacts and the project stops dead.

The parcel next to Cumby's could sell to a hotel chain, but archaeology.... not to mention court battles with the Veterans when it comes to runoff, noise, etc etc.

Faro property could sell... but developing the field above? archaeology....

So when you couple the high initial purchase price, with the potential to find bones or artifacts, The Weirs quickly becomes a developers nightmare.

Surf Coaster could be rezoned and become a residential neighborhood, but the city has clearly indicated they want a hotel there.

Woodsy

I knew the archaeological issues with the Drive In but did not know the parcel next to Cumby had the same issues. As far as run off and noise those issues can be easily resolved

The city can hope for a hotel all they want at the Surf Coaster site but if they are not willing to assist and facilitate the project no one will develop the location.

As "LI" has stated you need 3 interested parties (owner, developer and city) working together for a common goal of improve the area and economy of the city but until this happens the area will stay stagnant

[Biggd]

Originally Posted by joey2665

I knew the archaeological issues with the Drive In but did not know the parcel next to Cumby had the same issues. As far as run off and noise those issues can be easily resolved

The city can hope for a hotel all they want at the Surf Coaster site but if they are not willing to assist and facilitate the project no one will develop the location.

As "LI" has stated you need 3 interested parties (owner, developer and city) working together for a common goal of improve the area and economy of the city but until this happens the area will stay stagnant

The Surf Coaster site is not an great site for a hotel developer, no view of the lake. On the other hand the property next to Cumby has a nice view and would be an ideal hotel site if city could get their act together.

[joey2665]

Originally Posted by Biggd

The Surf Coaster site is not an great site for a hotel developer, no view of the lake. On the other hand the property next to Cumby has a nice view and would be an ideal hotel site if city could get their act together.

I agree it’s not a great site but the city is hung up on it unfortunately


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