FINALLY!!! After what seems like an eternity of waiting, construction is finally underway to rebuild the marina in Seabeck WA.
According to a recent article in the Kitsap Sun, 3 of the remaining partners of Olympic View Marina LLC have decided to ante up their own personal finances to fund the project.
The most recent delay occurred when the lender for the project pulled the financing plug in the 11th hour, even after the partners had successfully navigated a seemingly endless obstacle course of environmental red tape. Unfortunately, due to the recent economic downturn, the commercial lending pool has literally dried up, leaving Olympic View LLC with few viable options.
Hats off to these daring entrepreneurs for risking their own personal savings to make such a badly needed resource/improvement to the Seabeck area.
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Rich Jacobson is a licensed real estate professional providing knowledgeable empowerment and relentless representation for his clients of residential properties and vacant land throughout all of Kitsap County WA and portions of Pierce, Mason, and Jefferson Counties. You can also find him at KitsapLife.com, SOUNDBITEBLOG, ActiveRain, Everyday CK, Facebook, Twitter, or e-mail: kitsapagent@gmail.com
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