Veridea withdraws from Lakeshore Drive project: Houghton weighs future of parking deck property | News, Sports, Jobs
gneese@mininggazette.com HOUGHTON — The Houghton City Council went back to the drawing board Wednesday night after the announcement that the Veridea Group was withdrawing its proposal for a $40 million development on the big parking deck area along Lakeshore Drive. In a letter to the city, Veridea CEO Bob Mahaney said based on the December 16 council meeting, the city “has no defined process in place that can move the project forward at this time.” At that meeting, the council retracted a motion to move forward in defining the property and obtaining an appraisal after objections from so...
Source: mininggazette.com