Developer Mike Morgan and his Grand Canyon Northland Amusements and Entertainment investment group last year announced a massive $3 billion theme park near the Route 66 town of Williams, Ariz., on the road that leads to the Grand Canyon.
According to the Arizona Republic, county and city leaders haven't heard a progress report on Morgan and his project, and they're losing patience with him. He has 2 1/2 years to raise $500 million so he can acquire bonds for the project.
The story gets complicated. You can read the whole thing here.
I'm skeptical of such a massive project, but we'll see.