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How much longer are we going to wait for Xanadu? [Archive] - RonFez.net Messageboard

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LordJezo
09-01-2006, 05:30 AM
<p>I have seen that damn sign outside of the Meadowlands for years now.. has anything actually happened with it or is it still just a sign?</p><p>&nbsp;</p><p>Also, how long after it opens until it is a total ghetto haven that everyone avoids and wants nothing to do with?&nbsp;</p>

A.J.
09-01-2006, 06:07 AM
<p>Not long at all.&nbsp; It's on DVD now.</p><p><img height="475" src="http://www.geocities.com/theactionkingsd/Xanadu.gif" width="302" border="0" /></p>

Earlshog
09-01-2006, 06:20 AM
<p>Aug. 22 (Bloomberg) -- Mills Corp., a shopping-mall developer that's lost more than half its market value this year, secured financing for its Meadowlands Xanadu project in New Jersey, clearing the way for a possible sale of the company. </p><p>Colony Capital, based in Los Angeles, will provide as much as $500 million of equity financing and arrange for construction loans to fund the balance of the expected $2 billion cost of the Xanadu project, Chevy Chase, Maryland-based Mills said in a statement today. Mills shares jumped 15 percent on the announcement, which comes less than a week after New Jersey Governor Jon Corzine said the state would try to help save Xanadu. </p><p>``It definitely gives the project that infusion of cash they desperately needed,'' said New Jersey State Senator Paul Sarlo. ``I think everyone realized something like this had to happen. Mills was not going to be able to do it alone.'' </p><p>The 4.8 million-square-foot Xanadu project five miles from Manhattan is part of New Jersey's effort to boost tourism and help end chronic tax shortfalls. Ending the problems at Xanadu also is critical to Mills, which is the subject of a U.S. Securities and Exchange Commission accounting probe, and has been forced to sell assets as it seeks a possible buyer. </p><p>Snow Skiing </p><p>Mills has already invested $380 million in Xanadu Meadowlands, its biggest project. The complex is supposed to include a luxury hotel, office buildings, runway fashion shows, fine dining and the nation's first snow dome for indoor skiing. It will be 600,000 square feet bigger than Bloomington, Minnesota's Mall of America, the nation's largest, which is big enough to hold 32 Boeing 747 aircraft, according to the mall's website. </p><p>State officials who backed Xanadu have said it would create thousands of jobs and lure tourists and shoppers to New Jersey, generating tax revenue. Corzine, a former chief executive officer of Goldman, Sachs &amp; Co., has said economic growth is crucial to helping end chronic state budget deficits. </p><p>The agreement with Colony Capital allows Mills ``to achieve its goals of reducing the company's financial obligations and facilitating our exploration of strategic alternatives,'' Chief Executive Officer Larry Siegel said in the company's statement. </p><p>After the agreement is completed, Mills will become a limited partner in Xanadu and will have no financial obligations to the project. </p><p>Mills shares rose $2.53, or 15 percent, to $19.25 as of 4:01 p.m. in New York Stock Exchange composite trading. Their 54 percent decline this year compares with a 16 percent increase in the Bloomberg Real Estate Investment Trust Index. </p><p>`Positive Development' </p><p>``This is a very, very positive development,'' said Rich Moore, an RBC Capital Markets analyst who has an ``outperform'' rating on Mills shares. ``The overhang on this company, aside from the fact that they won't release financial statements, is what was going to happen at the Meadowlands. Now you've got a resolution to that. Now I think the company gets sold.'' </p><p>Mills said last week that it agreed to sell its 50 percent stakes in the Vaughan Mills center in Ontario and St. Enoch mall in Glasgow along with its Madrid Xanadu mall to Montreal-based Ivanhoe Cambridge Inc. for $981 million. Mills will receive about $500 million from the disposals. </p><p>Corzine, speaking today at a statehouse press conference, said that bringing in another investor to take over the Xanadu project from Mills ``sounds like a great idea, based on what's been going on with their stock price.'' He said he would need more details of the agreement before making a judgment. </p><p>`Sealed and Delivered' </p><p>``It's got contingencies all through it, from what I read,'' Corzine said. ``It's a start, not a finish. I haven't read any contractual arrangements. I thought I read in the very first line of the press release it's a non-binding agreement. Until it's valid and signed, sealed and delivered, I don't know what that means.'' </p><p>New Jersey has much at stak

JustJon
09-01-2006, 06:47 AM
<font size="+3">I</font>n Xanadu did Kubla Khan<br />
A stately pleasure-dome decree :<br />
Where Alph, the sacred river, ran<br />
Through caverns measureless to man<br />
<a name="5"></a>Down to a sunless sea.<br />
So twice five miles of fertile ground<br />
With walls and towers were girdled round :<br />
And there were gardens bright with sinuous rills,<br />
Where blossomed many an incense-bearing tree ;<br />
<a name="10">And here were forests ancient as the hills,<br />
</a> Enfolding <a href="http://etext.virginia.edu/stc/Coleridge/poems/Reflections_Retirement.html#30">sunny
spots</a> of greenery.
<p>But oh ! that deep romantic chasm which slanted<br />
Down the green hill athwart a cedarn cover !<br />
A savage place ! as holy and enchanted<br />
<a name="15">As e'er beneath a waning moon was haunted<br />
</a> By woman wailing for her demon-lover !<br />
And from this chasm, with ceaseless turmoil seething,<br />
As if this earth in fast thick pants were breathing,<br />
A <a href="http://etext.virginia.edu/stc/Coleridge/poems/notes.html#Kubla4">mighty fountain</a> <a href="http://etext.virginia.edu/stc/Coleridge/resources/dictionary.html#momently">momently</a> was forced
:<br />
<a name="20">Amid whose swift half-intermitted burst<br />
</a> Huge fragments vaulted like rebounding hail,<br />
Or chaffy grain beneath the thresher's flail :<br />
And 'mid these dancing rocks at once and ever<br />
It flung up momently the sacred river.<br />
<a name="25">Five miles meandering with a mazy motion<br />
</a> Through wood and dale the sacred river ran,<br />
Then reached the caverns measureless to man,<br />
And sank in tumult to a lifeless ocean :<br />
And 'mid this tumult Kubla heard from far<br />
<a name="30">Ancestral voices prophesying war !<br />
</a></p>
The shadow of the dome of pleasure<br />
Floated midway on the waves ;<br />
Where was heard the mingled measure<br />
From the fountain and the caves.<br />
<a name="35"></a>It was a miracle of rare device,<br />
A sunny pleasure-dome with caves of ice !<a href="http://etext.virginia.edu/stc/Coleridge/poems/notes.html#KublaKhan2">A damsel with a
dulcimer</a><br />
In a vision once I saw :<br />
It was an Abyssinian maid,<br />
<a name="40">And on her dulcimer she played,<br />
</a> Singing of Mount Abora.<br />
Could I revive within me<br />
Her symphony and song,<br />
To such a deep delight 'twould win me,<br />
<a name="45"></a>That with <a href="http://etext.virginia.edu/stc/Coleridge/poems/Christabel.html#485">music loud and
long</a>,<br />
I would build that dome in air,<br />
That sunny dome ! those caves of ice !<br />
And all who heard should see them there,<br />
And all should cry, Beware ! Beware !<br />
<a name="50">His flashing eyes, his floating hair !<br />
</a> Weave a circle round him thrice,<br />
And close your eyes with holy dread,<br />
For he on honey-dew hath fed,<br />
And drunk the milk of Paradise.

SatCam
09-01-2006, 10:44 AM
They just announced the mall will be renamed to "Chinese Democracy"

LordJezo
09-01-2006, 11:41 AM
<p>So it's going to be some huge mall thing?</p><p>&nbsp;</p><p>And all this time I just thought it was going to be a club.</p><p>Why the hell do they need another mega complex?&nbsp; Jersey Gardens is right down the road and just opened up a few years back.</p><p>&nbsp;</p><p>Xanadu is sounding like a disaster waiting to happen.&nbsp;</p>

Marc with a c
09-01-2006, 11:43 AM
<p>sounds to me like it's xanadon't.</p><p>&nbsp;</p><p>&nbsp;</p><p>&nbsp;</p><p>&nbsp;</p><p>&nbsp;</p><p>&nbsp;</p><p>&nbsp;</p><p>&nbsp;</p><p>&nbsp;</p><p>&nbsp;</p><p>sorry.&nbsp;</p>

bobrobot
09-01-2006, 12:41 PM
<p><strong><font color="#000099">Here... Take a chill pill...</font></strong></p><p><img height="210" src="http://blog.project76.tv/xanax.jpg" width="300" border="0" />&nbsp;do!!!</p>

Don Stugots
09-01-2006, 12:54 PM
<strong>PearlNecklace</strong> wrote:<br /><p>sounds to me like it's xanadon't.</p><p>&nbsp;</p><p>sorry.&nbsp;</p><p>heheeheheheheheheheheheheheheheehehe</p>

Sheeplovr
09-01-2006, 01:11 PM
Rosebud

bobrobot
09-01-2006, 01:21 PM
<p><strong><font color="#000099">Rosebudday???</font></strong></p><p><img height="303" src="http://www.artdigestdaily.com/img/posts/rosebud.jpg" width="490" border="0" /></p>

FezPaul
09-01-2006, 01:24 PM
http://i49.photobucket.com/albums/f281/FezPaul/77dec17_photorush.jpg<br />

JamMaster
09-03-2006, 05:44 AM
<strong>FezPaul</strong> wrote:<br /><img src="http://i49.photobucket.com/albums/f281/FezPaul/77dec17_photorush.jpg" border="0" /><br /><p>You gotta love old school Rush!!</p>

Don Stugots
09-03-2006, 05:46 AM
i am still waiting to exhale.