More than two years ago, developers announced plans to turn the Lambert Beach Resort into a $200-$250 million, five-star establishment. Today, ground has yet to be broken on the project, and the resort’s future is murky. But there are at least two possible scenarios.
A pending partnership with developer Mark Vanterpool and the mega-resort conglomerate Raffles could transform the resort into the proposed establishment; or the land could be auctioned off in whole to the highest bidder.
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