Latest from The Spokesman-Review
Post Falls Landing developer Harry Green's bankruptcy was dismissed on Wednesday, allowing a creditor to proceed with foreclosure on the city center site along Spokane Street and the Spokane River. The decision was made in U.S. Bankruptcy Court in Coeur d'Alene by Chief Bankruptcy Judge Terry L. Myers. Green filed Chapter 11 corporate bankruptcy on Dec. 19, the morning an auction sale on the property was scheduled. The bankruptcy canceled the sale. Wednesday's court decision allows Liberty Bankers Life Insurance Company, a creditor on the 33-acre, multi-use Landing project, to proceed with the foreclosure, a process that could take up to four months. The firm is seeking $8.2 million. Shelly Enderud, Post Falls interim city administer and finance director, said the city was pleased with the decision because it wants to see the city center developed into a vibrant corridor/Brian Walker, Coeur d'Alene Press. More here. (SR file photo: Harry Green at Post Falls Landing in 2008)
Question: What would you like to see done with the Post Falls Landing (former L-P property) property on the Spokane River?
Originally posted at 7:41 p.m. Tuesday
RE: Post Falls developer Harry Green is a wanted man/Brian Walker, CdA Press
Falls Landing developer Harry Green sent the following to the SR: "With regard to the article (CdA and Post Falls Press) concerning a warrant issued for my arrest, please my response; A ticket was issued to my Marina for sale of liquor on August 9, 2011. August 8, 2011, my Brother Tom died of cancer. Marina help sold two beers to officers August 9, 2011. For leaving the dock and store unattended help was released. Notified of ticket just prior to November pre trial, which was a surprise. My Brother Bill died of cancer after Thanksgiving and funeral mid December. I called prosecutors office requesting a continuance. Prosecutor did not call back, so assumed continued. I was shocked today when notified of warrant." (SR file photo: Kathy Plonka)
Post Falls Landing developer Harry Green (pictured) has a warrant out for his arrest, in addition to being sued and facing bankruptcy. Kootenai County records show Green, 63, is wanted for failure to appear for selling alcohol without a license at the marina of the 33-acre, multi-use project on the Spokane River next to the Post Falls Dam. The Landing has been billed as an anchor for the city center. Green's bond is $5,000 and the warrant was issued on Jan. 12. "If he would be contacted today (by police), he'd be arrested and booked into jail," Post Falls Police Chief Scot Haug said. Wanted persons also have the option of seeing a judge to "quash" their warrants through the court process/Brian Walker, Coeur d'Alene Press. More here. (SR file photo: Kathy Plonka)
Question: Harry Green's dream to transform the old Louisiana Pacific mill site into a downtown proper for Post Falls never materialized. How could things go so far south for him?
POST FALLS, Idaho — The developer of a multi-use project planned along the Spokane River in downtown Post Falls has filed for bankruptcy in federal court.
The Coeur d'Alene Press reports ( http://bit.ly/9WpCD5) that developer Harry Green's company Point at Post Falls, LLC, filed Chapter 11 papers Monday.
The decision forced the cancellation of an auction sale and foreclosure process.
Green unveiled plans for the development about 10 years ago, and at the time it was seen by some officials as a new hub for the city's downtown.
The plan called for a mix of condos with retail shops, a hotel and amphitheater. But only two condo buildings have been built.
The Post Falls Urban Renewal Agency also reimbursed developers about $1.9 million for streets and other infrastructure in hopes of sparking more growth.
H/t powderfarmer Thoughts?