Wednesday, October 22, 2008

More Progress in re the Ogden Walmart Project

Gadi Leshem transfers 16 acres

Ace Reporter Schwebke reports this morning on the latest development in Ogden City's heretofore languishing Wal-Mart Superstore project. The opening paragraphs provide the gist:
OGDEN — Wal-Mart finalized its purchase Tuesday of 16 acres from developer Gadi Leshem, paving the way for the construction of a super-center store downtown, says Mayor Matthew Godfrey.
Leshem and officials with Wal-Mart could not be reached for comment regarding how much it paid for the land at the northwest corner of 20th Street and Wall Avenue.
The sale culminates more than a year of work by Leshem to assemble several parcels for the Wal-Mart project, Godfrey said.
Whether this latest transaction fully assembles all the parcels necessary for the project, Mr. Schwebke doesn't explicitly tell us.

The last time we looked at the situation, at least four target parcels remained in limbo.

Perhaps one of our well-connected sources can explain the meaning of all this.

Are the required Wal-Mart parcels now fully-assembled... or not?

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