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Gaylord is putting some cash together, approximately $325 million according to Gary Nelson. He is predicting that this cash will go towards the start of the Gaylord Mesa project, which is good news, if it can be confirmed. We have heard from several people that construction costs are much lower right now, and any work done in this current economy will be more affordable and much more competitive.
In all, the project is worth $750 million. Whether it happens now or later, this is the type of economic opportunity that we can look forward to in helping boost our local economy. It is good news that things appear to be moving in the right direction, and they would do well to provide more frequent updates to the public as things start to happen.
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This would be a great move by them to get things rolling when construction cost are lower. Thing is, they want to open when the economy is better for business and many are not for sure when things will bounce back. If this is true, this is good news. Yes, it would be nice to hear from them, especially Waveyard, but honestly, this is happening around the country and world were projects are stalled and no new news about them because nothing is happening. I do believe Gaylord will break ground in the next few years.
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