The Sapphire Bay development, a huge waterfront project in Rowlett, is in hot water. The developer just received a default notice from the city, raising serious questions about the project's future.
At a glance
Declining — being discussed less frequently. 0 mentions in the last 30 days.
This default could mean a major financial headache for the city and potentially stall a huge project.
Honestly, right now, nobody is benefiting – this is a bad situation for everyone involved.
The city and potential future residents or businesses at Sapphire Bay could be harmed if this project stalls.
News | Developer behind Sapphire Bay given default notice from North Texas city CoStar
Rowlett issues notice of default to Sapphire Bay developers NBC 5 Dallas-Fort Worth
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