I have to wonder if Linger Longer’s pet legislator has gotten caught with his pants down or something.
The company hired to help redevelop Jeykll Island’s beachfront has pulled out of the partnership.
Linger Longer Communities said Tuesday their decision was “due to the uncertainty of the economic environment and the difficulty that this uncertainty imposes on a workable development schedule.”
The Jekyll Island Authority, the state entity responsible for maintaining and operating the publicly owned island, said the decision was mutual.
Linger Longer is owned by the politically influential Reynolds family, developers of the upscale Reynolds Plantation about a 90 minute drive east of Atlanta. The company’s hiring by the Jekyll Island Authority in late 2008 was criticized by some as a sweetheart deal that will enrich the Reynolds family but won’t return as much profit to the state.