Spring Hill's Mayor Believes in project:
Spring Hill Mayor Believes In Theme Park Project - Nashville News Story - WSMV NashvilleSpring Hill Mayor Believes In Theme Park Project
Mayor Dinwiddie: Imminent Domain An Option If Project Doesn't Work
Reported by Carley Gordon
POSTED: 5:30 pm CST March 3, 2011
UPDATED: 7:59 pm CST March 3, 2011
Festival Tennessee is an ambitious $750 million plan that's supposed to come complete with an amusement park, an NBA team and more. One day after the announcement, Spring Hill Mayor Mike Dinwiddie came forward saying he not only supports the project, but he believes in it.
Right now, I have no reason to doubt this," said Dinwiddie.
Still, Dinwiddie said he's not throwing caution to the wind -- especially since a lot has come out in the 24 hours since the announcement about developer Dennis Peterson and his company's spotty history.
Records at the secretary of state's office in Nevada reveal the charter for Peterson's company Big International Group of Entertainment Inc. has been revoked.
The same is true for at least four other companies Peterson is involved with.
"Did you guys do your research when it came to this company?" asked Channel 4 reporter Carley Gordon.
"Well, we did some. We Googled it just like everybody else," said Dinwiddie. "I just said, 'Hey, you know, there's some things that have popped up online that are concerning. Can you explain it to me?' And he did; he explained the whole situation behind that, and I'm OK with it."
Dinwiddie said the magnitude and 21-month deadline seem a little far-fetched. In fact, he was expecting the announcement to come with a deadline in winter 2013.
"I somewhat think that it could have been a mistake, that the wrong deadline was thrown out," Dinwiddie said.
But he pointed out that Peterson isn't asking for anything -- no incentives or any kind of monetary support.
So to all of the naysayers, Dinwiddie is posing the question: Festival Tennessee: Why not?
"I think the skepticism is natural. It's well-founded, and that's why I say, 'Here we are, proceeding here with caution,'" said Dinwiddie. "At this point, it's in our best interest to move forward with this guy because there's really nothing for us to lose here and everything to gain."
Dinwiddie said he feels as though the city is in the driver's seat when it comes to this project, and that he and the City Council have the ability to pull the plug at any time.
For example, Dinwiddie said, he expects public statements to come forward in the next few weeks from other big companies, such as Itec, that are involved in the project. If that doesn't happen, Dinwiddie said, the city doesn't have to rezone the land.
Also, if the developer doesn't make good on promises made once he has purchased the land, Dinwiddie said the city always has the option of imminent domain.
However the "designer" has no contract as of yet:
Theme park designer: No contract signed | Nashville Business JournalFlorida-based ITEC, which designs and builds theme parks around the globe, does not have a contract with the developer who revealed plans Wednesday to build a massive theme park and retail complex in Spring Hill.
The firm conducted preliminary theme park design work for Dennis W. Peterson, CEO of Big International Group of Entertainment, 10 years ago, said ITEC spokeswoman Trisha Loubier, but a contract related to his most recent plans has not been signed.
Loubier confirmed the company has communicated with Peterson about his latest plans. She was not able to immediately provide a timetable for a decision by ITEC on its involvement in Peterson's Festival Tennessee.
ITEC has handled work for such names as the Walt Disney Co., Universal Studios and Opryland.
Wednesday afternoon, Peterson announced his plans to privately develop a theme park and other retail attractions on 1,500 acres of land in Spring Hill. But Peterson's past business dealings and the size, scope and timeline for his projects has raised questions by some in Middle Tennessee's tourism and hospitality industry. Peterson's plans for a soft opening in November 2012, for instance, seem lofty to some.
Peterson said Wednesday the public can expect more announcements in the coming days and weeks as more contracts are signed and details become available. A call this morning to Peterson seeking additional details about his project was not immediately returned. ...