Michigan City commission authorizes executive director to end waterfront development agreement after developer fails to show full funding

The Michigan City Redevelopment Commission on Dec. 17 voted unanimously to give Executive Director Skyler York authority to notify the developers and conclude the exclusive redevelopment agreement for the waterfront "solo/solar" site on Dec. 31, 2025.

Legal counsel summarized a multi-year history of the development deal, saying the commission has operated under successive amendments and that the most recent amendment — the first amendment to the second amended and restated development agreement executed June 9, 2025 — set an outside closing date of Dec. 31, 2025 and made clear the commission could terminate the agreement if the developer could not show required funding. Counsel told commissioners the developer requested a phased approach (hotel first, condominiums second) and said the change from a single-project closing to a phased…