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The field was opening to a slew of new developers.
In succeeding years, many new developers would follow their lead.
The last thing he wants, officials said, is to start from scratch with a new developer.
So they then decided to take on the project themselves, and the original lender agreed to let them step in as the new developers.
After the move, interest seemed to increase with some new developers joining to help out.
The new developers estimate that a bridge to the island would cost $30 million.
In 2012, a new developer took control of the project.
Since this date, the project is searching for new developers.
By the 1960s, new developers made plans to revitalize the community.
Construction was to have begun last year; officials now hope to find a new developer by this fall and to begin the project in 1990.