Inspiration Landing or Desperation Ditch?

In March of this year, Memphis developer John Elkington introduced plans for a Germantown town center to be constructed in the Saddle Brook area. By July (a scant four months later), Elkington's financial backer had pulled out of the project. Elkington then said he was waiting until after the November city elections to redo the project, but so far the only word has come from a Texas company wanting to build on the same parcel.

Does that have any bearing on Sheffield's Inspiration Landing? We welcome comments.

For those who may need their memories refreshed, next month will mark three years since Elkington announced his Inspiration Landing project. As of today, Elkington has mentioned difficulties in securing various environmental permits, but no names of financial backers for the project. That would be with the exception of the City of Sheffield which has coughed up quite a bit and is about to borrow 4.5 million dollars for infrastructure.

The first deadline was announced as a completed amphitheatre ready by Spring 2018; then the deadline was moved back to beginning construction by December 31st. We have six weeks left until the end of the year. Neighbors of the proposed project have reported no work as of yet.

And if this deadline isn't met? What will be the next date presented to the Sheffield believers? Perhaps more to the point, who will pay the interest on the infrastructure loan while Elkington continues to seek funding?