Emile Haddad has of what would become the site of the Orange County Great Park and the location of his biggest development project dates from 1986……
The cost and pace of work on the project, which at the moment consists of a tethered balloon ride and a small “preview” park, have been the subject of nearly ceaseless political bickering, not least because the ultimate price tag has, well, ballooned to nearly $1.4 billion. About a third of that money was supposed to be financed through residential and commercial development undertaken by Haddad’s firm…..
Read the full article at the [SOURCE: latimes.com - Putting the green in Orange County Great Park]
Paloma Esquivel of the LA Times reports
It’s a hot, windless summer day. Ken Smith is standing in the giant, orange, tethered helium balloon that has become a symbol of everything good and bad about Orange County’s planned Great Park. The sky is blue and from 400 feet up one can see the endless sprawl of homes, the ocean and rolling hills that define this suburban county.
Through round, black sunglasses, Smith looks down at 1,300 acres of a closed Marine air base; 1,300 acres of possibility……….
read the full article at the SOURCE: LA Times - Is Great Park a soaring vision or just hot air?