Planet Oasis name and partnership end, as David Glimcher seems to have parted ways with Tony and Alex Sekulovski.
The team proposing a $2 billion sports and entertainment center in Delaware County has apparently split, raising questions about who is moving forward on the 350-acre development planned for Rts. 36/37 and I-71.
The development company Blue Horseshoe Ventures announced today that it is pursuing the project - which has been called Planet Oasis - without David Glimcher, who so far has been the public face of the project.
In a news release, Blue Horseshoe Ventures of New Albany, founded by Tony and Alex Sekulovski, said it had "entered into discussions with David Glimcher about the possibility of Mr. Glimcher becoming one of the owners in the development group. While these discussions were taking place, Mr. Glimcher provided some limited assistance to the company. Since the company and Mr. Glimcher were unable to reach agreement on the terms of him becoming an owner, the company is moving forward without him."
The statement continued: "The owners are moving forward and wish Mr. Glimcher the best in his many other ventures."
Glimcher, however, said Sekulovski's assertions are "100 incorrect" and that he has "retained counsel that's dealing with the situation."
Glimcher said he has put together the partnerships for Planet Oasis and remains in charge of the development as it moves forward.
"Mr. (Tony) Sekulovski is no longer involved with the deal," he said. "We believe other things will surface that will involve improprieties."
Blue Horseshoe Venture's spokesman, Ryan Stubenrauch, said the Sekulovskis, through Blue Horseshoe Ventures, have a contract to buy the 350 acres, and are also in contract with the other companies who have signed on to the deal. Planet Oasis was to have included indoor surfing and skydiving, an e-sports venue and a large saltwater lake surrounded by sandy beaches and hotels.
In announcing the split from Glimcher, Blue Horseshoe Ventures also announced a campaign to change the name of the project from Planet Oasis, a name Glimcher locked up in a corporation created in May.
“This project will be the largest action sports and entertainment complex in Ohio and one of the largest entertainment and recreation destinations in the world,” said Stubenrauch in a news release. “We know the community will play a big role in making this dream a reality, which is why we want to develop a strong community partnership. That partnership starts with naming the project.”
Those interested can submit a name at BlueHorseshoeContest.com. The winner will receive a $1,000.00 Visa Gift card and help cut the ribbon on opening day.
Glimcher said he still hopes for a groundbreaking later this year for the project.
Stubenrauch said that's unlikely, since the property hasn't been purchased or rezoned yet. He said there are several property owners involved, who all are in contract with the Sekulovskis' Blue Horseshoe Ventures.
Blue Horseshoe Ventures was incorporated in December 2017. Glimcher's similarly named company - Blue Horseshoe Development - was incorporated on Sept. 27 of this year.
mrose@dispatch.com
@MarlaMRose
Read Again https://www.dispatch.com/news/20181009/two-partners-in-planet-oasis-mega-entertainment-complex-each-say-other-is-out
Bagikan Berita Ini
0 Response to "Two partners in Planet Oasis mega-entertainment complex each say the other is out"
Post a Comment