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Thursday’s special meeting of the Los Alamos County Council to discuss the status of the Trinity Site project was a welcome development but an unwelcome piece of troubling news.
Many people will say they saw this coming for quite awhile, and many will be glad that the shifting realities of the situation have finally surfaced.
It should be no surprise in the current financial and economic environment that the developer, The Boyer Company, has encountered difficulties finding an “anchor,” the star attraction upon which the whole plan depends.
This much was understandable, although not really acknowledged in so many words until this week. Where are they going to find a retail operation that is willing to make a substantial commitment at this time? The daunting landscape for evaluating risks has been an obvious fact of life for most of us, since the fall of Lehman Brothers on Sept. 15, 2008.
Councilors began talking about the need to consider a Plan B earlier this year, but put that off until now.
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