Developers of resort to revise proposal
By JENNIFER FARRELL, Times Staff Writer
CLEARWATER -- Developers of the proposed Bluewater Isle Resort missed a deadline Wednesday to submit revised plans to the city this month for their $350-million luxury condominium and shopping complex planned along the Intracoastal Waterway.
Failing to collect signatures from all 18 homeowners at the Coral Resort Condo Motel, the Bluewater team has opted to carve out the property at 483 East Shore Drive, according to attorney Jerry Figurski.
That means coming up with a new set of plans and architectural designs for the sprawling 10-acre project, which straddles East Shore Drive from the causeway north to Baymont Street.
"From a development perspective, you would want to include it," Figurski said Wednesday. "If we can't, we can't."
Figurski said developers have a signed sales contract on Coral Resort but won't include it in the project if all 18 homeowners don't agree. Instead of waiting to reach those agreements, the developers intend to submit new plans within two weeks, in time to make the Development Review Committee's June agenda.
"With each month's delay," Figurski said, "there are economic costs to the developers."
This is the second recent setback for Bluewater Isle. Last month, the city put the project on hold temporarily, ruling that key information had been left out of the development application. Missing was a complete list of affidavits proving the developers own or have contracts on each property involved. Some affidavits lacked signatures and some weren't properly notarized.
Also missing were documents about signs, property identification and the proposed transfer of development rights. The application also left out specifics on how a planned parking garage at the nearby Pelican Walk shopping center would affect designs.
Figurski said Wednesday that developers now have all the necessary information.
But revamping designs for a mega-project is no small feat, said city Planning Director Cyndi Tarapani.
Given the scope of the complex, which features four high-rise condo towers, a 250-slip marina, high-end retail shops and a meandering public boardwalk, Tarapani said more changes are likely. Whether the project can work without Coral Resort, which sits on the northeast corner of the parcel, remains to be seen, according to Tarapani.
"It makes the whole site a lot trickier," she said. "Until I see it, I really just can't comment on how it will or won't work. We'll just have to wait and see what they submit."
Plans could change if the missing signatures come through later, Figurski said.
"If they come into place, they come into place," he said. "If they don't, they don't. We can't wait any longer."
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