Something tells me that Amarillo has a budding crisis of confidence on its hands.
Wallace Bajjali, the developer hired by downtown business and civic interests to ramrod the development of the downtown business district, has vaporized — or so it appears.
The company, based in Sugar Land, was supposed to spearhead the effort to collect enough private investors to build (a) a downtown hotel, (b) a multi-story parking garage and (c) an athletic field, aka “multipurpose event venue,” or MPEV for short.
As of today, or perhaps as of some undisclosed time prior to today, the company has closed up shop. Its office in Joplin, Mo., has been shuttered. Its headquarters phone number is Sugar Land has been disconnected. David Wallace, one of the principal owners of the firm, has quit.
Many of us throughout the city are likely wondering: What the hell has just happened?
Someone will need to explain this thoroughly and in language we all can understand.
I’m all ears.