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Old Baldy, Canada | photo by Cameron Schaus
Conservation Issues of the Ventana Chapter | monterey county

New Financial and Compliance Woes for Monterey Bay Shores Resort

November 2014
Snowy Plover Sand City Mega resort/condo project planned for these coastal dunes faces new challenges. (Photograph: Steve Zmak)

The controversial mega resort and condominium project proposed for 39 beachfront acres in Sand City has hit another snag. New York lenders Fourth Third LLC and Medley Capital are contesting in court that the developer Ed Ghandour of SNG defaulted on the balance of a $29.5 million loan on June 15 and are requesting control of the property. The Court will be deciding in the near future whether to appoint a receiver to oversee the stalled project. Another update includes a November 14 letter written to the Mr. Ghandour by the California Coastal Commission (attached here) citing deficiencies in the submitted compliance documents and a list of missing "critical plan elements" for the Coastal Development Permit issued at the April CCC meeting which remains on hold.

Sierra Club and other environmental groups oppose the project on several grounds including the presence of Smith's blue butterfly, Monterey spineflower and potential risks to the rare coastal population of Western snowy plover which has been nesting on the site for years.
(See condition compliance letter from the CCC to Ghandour here).



< back to all issues

section title

Current
Ventana Chapter Retains Third Expert to Submit Comments to the CCC Challenging the Habitat Protection Plan for Monterey Bay Shores Resort
February 2017

Sierra Club Files a Notice of Intent to Sue for Violations of the Endangered Species Act from Construction and Operation of the Monterey Bay Shores Development
August 2016

Ventana Chapter Submits Comments to the California Coastal Commission Challenging the Revised HPP for Monterey Bay Shores Resort
March 2016

Ventana Chapter Submits 2 Sets of Expert Comments on Biological Resources and Snowy Plover Habitat for Monterey Bay Shores Resort Dunes Restoration Plan
August 2015

Monterey Bay Shores Resort Hearing at the California Coastal Commission
May 2015

Financial Settlement Reached in Lawsuit between Monterey Bay Shores Resort and Lender
February 2015

California Coastal Commission Votes to Schedule Collections Resort Appeal Hearing in 2015
December 2014

New Financial and Compliance Woes for Monterey Bay Shores Resort
November 2014

Plans for Monterey Bay Resort Deemed Deficient
September 2014

Public Outcry Over Threats to Snowy Plover Nests at Sand City Project Site
May 2014

Coastal Commission Approval of Sand City Resort and Condominium Project Undermines Rare Species Recovery Plan
April 2014

Sierra Club Submits Letter Opposing Monterey Bay Shores Resort to California Coastal Commission
April 2014

Chapter Appeals Sand City Approval of The Collection Resort to the California Coastal Commission
January 2014

Chapter Urges Sand City City Council to Deny The Collection at Monterey Bay Resort Project
November 2013

Monterey Bay Shores Eco-Resort Decision may go to Appeals Court
August 2013

Chapter Submits Comments on The Collection at Monterey Bay Proposed Mega Hotel Complex in Sand City
February 2013

Coastal Commission Denies Dunes Project
February 2010

Sierra Club opposes Coastal Dunes Resort
April 2009