Quote:
Originally Posted by joey2665
I think his point is that land remains stagnant and undeveloped in the area because the owners are happy with just the income generated by bike week. I am certainly not against bike week but I would also like to see the Weir’s turnaround and be redeveloped for more of a 365 day a year benefit not just 2 weeks in June and a week in September
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So this is indeed one of the issue. Land owners create significant amounts of money with just bike week, because of it popularity. Why would you want to invest more money, if your making a profit that your happy with by sitting on undeveloped land.....
I have stated many times, that the State and the City of Laconia, need to work with the land owners to make it viable to develop some of the large parcels of land, and do it in such a way that will invite other events (craft fairs, boat shows, etc.) into the area.... That area down there could become so much more, and not loose the Weirs image... But all involved need to want it... However if they wait just enough longer, it will become the next Meredith tourist area and will be lost... As high Stakes developers will move in....