- stopbchd
BCHD's Wealthy Campus gets NO CONFIDENCE vote by 9 of 12 Developers
9 out of 12 Real Estate Developers Say BCHD Proposal has Bad Economics and Bad Design
Even BCHD 2 Existing "Partners" Sunrise and Silverado wouldn't work with BCHD on the proposed WEALTHY LIVING CAMPUS.
Here's a list from BCHD's investment bankers ($2M fee) of the companies that refused to proceed to a bid on the project:
Here's a list of the primary reasons why established BCHD partners and experienced developers thought this project was a waste of time to even bid on:
This is quite the condemnation of the project by 75% of the commercial developers:
Poor Financial Feasibility
High Pre-Development Costs (BCHD is spending $16M of taxpayer funds)
Not Resident Friendly
Design Team
The full financial fiasco report is at:
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