Thursday, May 19, 2005

Another message from Elvis

Tuscaloosa developer Stan Pate announced today that he will sell 30 of his real estate holdings, including the planned site of the Midtown shopping center and his Tuscaloosa homes. He's long been angry at the City Council's lack of support for his projects and has threatened to do this for months, so it's not much of a surprise.

Pate also spoke vaguely today about Tuscaloosa's municipal election in August and the 2006 governor's race. He considered running for governor in 2002 before opting instead to mount advertising campaigns against Gov. Bob Riley's initiatives.

2 Comments:

Blogger John Hubbard said...

I've been wondering what's going on with that land. Last I heard he was planning on building a mini-Summit there. I wonder why he's getting rid of it.

8:44 PM  
Blogger Alabamian said...

He's been at odds with Tuscaloosa city councilmen for years. He's threatened for a while to pull up stakes and take his development work elsewhere if the city didn't chip in some public money for his projects, which it didn't.

7:45 PM  

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