Thursday, September 16, 2010

Update on sale of Warm Mineral Springs

Posted By on Thu, Sep 16, 2010 at 10:24 AM

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A little more than a year ago, we reported on the financial upheaval at Warm Mineral Springs in North Port, Fla. ("Troubled  waters," Aug. 13, 2009), which left the historic property in the hands of the bank.

At at that time, there was speculation that Warm Mineral Springs would be sold to the city or county (or both) to protect the archeologically significant resource. Or would it be developed by a private owner into an exclusive private spa to attract out-of-state dollars?

The wheels were turning slow then on possible outcomes and a recent opinion piece on Herald-Tribune.com reports that, while the city and county continue to try to find the money to buy the mineral-rich watering hole and the surrounding land, the developers are moving in on yet another natural Florida springs.

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