Golden Gets Another Shot at St. Croix Conference Center

Another story from The Source today:

Jan. 30, 2008 -- Funding for the construction of a $32.5 million conference center on St. Croix is now back in the hands of hotel developer Paul Golden, provided that he meets certain conditions laid out Wednesday by the Public Finance Authority board. The stability of Golden's project -- a 400-room resort and casino near St. Croix's Great Pond -- had generated concerns over the past few months for board members, who voted in early July to put the conference center out for bid. At that point, Golden had failed to meet several deadline extensions to obtain the financing needed to break ground on the project, nullifying the authority's previous resolution to build the facility in conjunction with Golden's resort.

We had an earlier story about this project being dead, which appears to have been premature.