Clock's ticking for Beulah Town Center to make a deal with Escambia for OLF 8. Here's why.

One Developer Drops $45 Million Bid For OLF-8, Another Ups Offer To $50 Million : NorthEscambia.com

Friday, Beulah Town Center (BTC) withdrew their $45 million offer for the 540 acre OLF-8 property owned by Escambia County in Beulah, expressing disappointment with a 30 day negotiation period that was ending. “After dedicating the past eight years to working toward an agreement for the purchase of OLF-8, we are disappointed that a resolution could [...]

Clock's ticking for Beulah Town Center to make a deal with Escambia for OLF 8. Here's why.

The board decided not to extend exclusive negotiations with Beulah Town Center to buy all 540 acres of OLF 8 in Beulah.

Commissioners refuse to extend deadline on OLF-8 deal

Commissioner Hofberger's motion to keep the negotiation period with Beulah Town Center at 30 days passes, 4-1. After Feb. 9, other offers will be considered.