McClendon Property Flipped To Another Developer
Posted: Dec 3, 2016
During the past five months the Coastal Alliance has played a significant role in building a public/private partnership that submitted a bid to purchase the McClendon property. We are disappointed to share with all of you that our bid was not the chosen bid.
It was announced today that Jeff and Peg Padnos, of Holland Michigan, will close on the McClendon property in the next 30-60 days. The Padnos’ are the financial backers of Cottage Homes. The Bosgraaf family business, Cottage Homes, plans to develop the dunes. Details have not yet been released. We will share information as we learn more.
Members of our public/private partnership did meet with Jeff Padnos and the Bosgraaf family to see if there could be a shared vision for the land. Again, we will share information as we learn more.