Posts Tagged “Hardball Capital”

By Jim Sack

Wednesday, the Fort Wayne Redevelop Commission will meet. Top on the agenda will be the Harrison, the source of great frustration for the administration, its Redevelopment director Greg Leatherman, the volunteers and staff who are the RD Commission, nearly every member of city council, pundits, sages and a few thousand interested citizens. Perhaps I should add to that list of hand-wringers the principles of Hardball Capital and Barry Realty. Everybody is frustrated, angry and befuddled by this project, fingers have been pointed, blame assigned and plenty of citizens have made recommendations, some civil, as to what to do with “that hole.”

Truth is, more than anything else, the market is to blame. Wall Street, Goldman Sachs, Phil Gramm, everyone who cheated on a mortgage application, Freddie, Fannie, sleazy get-rich-quick brokers, six camels in Kuwait and me. I accept full blame. Time to move on.

But to where? Read the rest of this entry »

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By Jim Sack

Bingo.

Saturday, in the News-Sentinel Kevin Leininger pretty much nailed the issue of Harrison Square. It is worth the $.50 at a news stand near you to read what he has to say. Buy the paper. It keeps a smart voice in business. Read the rest of this entry »

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By Jim Sack

Greg Leatherman gave quite a performance last night at council. The head of Fort Wayne Redevelopment spoke powerfully and without hesitation. He recounted a short history of the Harrison Square project and how it has come, mostly, to fruition. Leatherman, flanked to his left by Fort Wayne Corporate Attorney Tim Haffner, said that four-fifths of the massive project has produced jobs, tax revenue, new activity downtown, jobs again and a spirit of community. He lamented the failure of developers Barry Realty/Hardball, BHB, to complete the condo-retail portion of the project, but said his office, Redevelopment, has constantly monitored their efforts and progress, and feels they are making a good faith effort. He was a veritable bundle of good news and optimism. Read the rest of this entry »

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By Jim Sack

Finally, after a lot of prodding by Council members John Shoaff, Tom Smith and Mitch Harper, not to mention you and I, the Redevelopment Commission has voted to tell Barry/Hardball that the Atlanta firm is in default. The building they promised would be completed last year is still to be begun. Read the rest of this entry »

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By Jim Sack

It was a bittersweet moment today for Graham Richard, our former mayor.

Graham stood at the very back of the crowd of 200 or so people, mostly heavy hitters, politicians and affiliates of one downtown organization or another, to watch current Mayor Tom Henry, Redevelopment Director Greg Leatherman and a few others give and take credit for the new hotel adjacent to the ballpark. Read the rest of this entry »

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By Jim Sack

September first is the grand opening day of the new hotel adjacent to Parkview Field in downtown Fort Wayne. It should be seen as a feather in the cap of Mayor Tom Henry, and should also call into question the administration’s support for Barry Realty.

When Mayor Graham Richard envisioned the massive central city development there were four components: the ball park, the hotel, the condo/retail building and a parking garage. Three are now operating. Only the Barry Realty promise to build the condo building -four stories, scores of condos, ground-floor entertainment and offices- remains unfulfilled. Read the rest of this entry »

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Hardball Capital owns a southern minor league team named the Savannah Sand Gnats.

Under consideration in Savannah is whether a brand spanking new arena would become a new home for the Savannah Sand Gnats. If it flies, it will require a public-private partnership amounting to tens of millions of taxpayer dollars. Sound familiar? Wait for the end.

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All has been quiet on the Barry Real Estate, Harrison Square fubar situation.

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When all else fails, blame someone else.

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What’s happening with Barry Real Estate and the failed condo/retail development at Harrison Square? Both the city and Barry have failed to really provide any substantive answers of late.

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oh henry

I decided to take time from cleaning the gutters today to give a small retrospective of Mayor Henry’s term in office. I’ve listed below some of Henry’s major non-accomplishments. It’s not all-encompassing, so feel free to add your thoughts in the comments section.

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