WCI files for bankruptcy

The daily newspaper reports that Lost Key developer WCI Communities filed for Chapter 11 bankruptcy Monday. WCI was one of the developers that the naysayers were pushing as an alternative to the Community Maritime Park proposal.

Imagine how much more screwed the development of the property across from City Hall would be had WCI gotten the contract.

The slogan for the CMP should “Please build it my lifetime.”

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Author: Rick Outzen

Rick Outzen is the publisher/owner of Pensacola Inweekly. He has been profiled in The New York Times and featured in several True Crime documentaries. Rick also is the author of the award-winning Walker Holmes thrillers. His latest nonfiction book is “Right Idea, Right Time: The Fight for Pensacola’s Maritime Park.”