Lake District owner looking to sell parcels, lure commercial users
Predevelopment activity is slowly increasing in portions of The Lake District, the troubled 160-acre mixed-use project south of the Canada Road-Interstate 40 interchange in Lakeland.
Topic: Yehuda Netanel
RSSThere are 43 article(s) tagged Yehuda Netanel:
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October 2024
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August 2024
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The Lake District timeline
A look at The Lake District’s complicated timeline. The future of the mixed-use project in Lakeland remains in limbo.
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Lakeland officials hope for progress soon at The Lake District
Two months after a new owner took over The Lake District in Lakeland, work remains in limbo, but research apparently is being done behind the scenes.
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May 2024
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Lake District in limbo as Lakeland waits on next move
With The Lake District no longer in the hands of developer Yehuda Netanel, Lakeland officials are waiting for the next move by the lender that bought the property.
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Bailey: Time to turn over The Lake District to someone else
The latest financial troubles for The Lake District would seem to push out developer Yehuda Netanel as Lakeland officials hope to salvage some aspects of the mixed-use project.
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The Lake District property acquired by lender in foreclosure sale
Developer Yehuda Netanel has fallen short in his attempt to obtain the necessary financing to save his The Lake District project in Lakeland.
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April 2024
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Funding deadline passes, Lake District headed for May 13 foreclosure sale
The Lake District financing again appears to be in limbo as deadline passes, but foreclosure delayed.
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Judge grants Netanel’s motion to save The Lake District
The Lake District gets another breath of possible salvation as developer Yehuda Netanel presents his latest plan to take care of bills.
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The Lake District developer files motion on bankruptcy
Yehuda Netanel, the developer of The Lake District, is still trying to pull together enough funds to keep his project alive despite a ruling against his bankruptcy-reorganization plan.
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Bailey: Has Netanel finally run out of escape routes with The Lake District?
Despite a ruling against a reorganization earlier this year, Yehuda Netanel continues to try and salvage The Lake District from bankruptcy.
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The Lake District foreclosure sale set for April 30
The Lake District property will be sold at auction at noon on April 30 at the Shelby County Courthouse.
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Judge will post The Lake District for foreclosure this week
Removing developer Yehuda Netanel from The Lake District project east of Canada Road seems headed to its conclusion.
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February 2024
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Bankruptcy judge denies last-ditch Lake District plan
A bankruptcy judge’s denial of a reorganization plan for The Lake District casts another level of doubt that the developer — Yehuda Netanel — can resurrect his vision for the Lakeland project.
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Bailey: Things looking bleak for The Lake District as financial woes mount
The bankruptcy hearing regarding The Lake District exposed some of the financial problems that continue to plague the mixed-use development in Lakeland.
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Witnesses cast doubt on developer’s plans as testimony concludes in Lake District bankruptcy case
Testimony in the bankruptcy hearing related to The Lake District ended Wednesday with witnesses for the lender raising doubts of whether developer Yehuda Netanel can make his plan work.
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Developer takes stand in The Lake District bankruptcy case
The bankruptcy case involving The Lake District mixed-use development in Lakeland began Monday with developer Yehuda Netanel among those taking the stand to defend his financial status.
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The Lake District’s heading back to bankruptcy court
The financially troubled multi-use project will head to court Feb. 5 after filing bankruptcy and losing the townhome section of the development.
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January 2024
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Townhomes in The Lake District headed for new ownership
The lender for the 109-townhome section, dubbed The Willows at the Lake, has taken back the property from The Lake District developer Yehuda Netanel.
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Bailey: Focus of Let It Fly apparently shifts to Southaven
Now that the Germantown location of Let It Fly has locked its doors, the sports bar’s concentration is directed at a new location in Southaven at Silo Square.
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December 2023
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Lakeland dealing with fallout of The Lake District bankruptcy
The Lake District continues to suffer financial problems, according to a report to the Lakeland Board of Commissioners.
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March 2023
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Lake District developer files bankruptcy
The developer of The Lake District filed reorganization bankruptcy on Friday, avoiding a foreclosure auction on the Lakeland development.
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Lake District developer owes contractors more than $1 million
At least seven contractors and subcontractors who have worked in The Lake District have filed liens against Netanel and his companies.
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Lakeland leaders rally around Lake District despite foreclosure news
With financial questions arising again for The Lake District, Lakeland officials express hope the developer of the mixed-use project can again save the plan.
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January 2023
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Lakeland leaders stew on spot for Sheriff’s Office
With questions about its location in The Lake District, officials in Lakeland are looking at alternative places for a potential Sheriff’s Office substation.
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The Lake District pushes for more age-restricted apartments
The project was originally approved for 168 age-restricted units, and developers now want to increase that to more than 400.
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