"We have made a decision not to go forward with the pirate museum," developer
Doe, fellow developer
The group had initially proposed paying the town
But the plan was delayed for legislation allowing the property to be used to house the for-profit museum and finally came to a grinding halt over the past month.
On Monday, Clifford, who told the Times over the weekend that the partnership had dissolved, reiterated why he balked at what he called an "eleventh hour and fifty-ninth minute" requirement forwarded by Doe's lawyer on
"We were really sort of blindsided with the fact that we would have to put up all of the artifacts," he said.
Clifford said he does not sell any artifacts he finds and would be concerned that some of the artifacts could be sold if something went wrong.
The parties had always agreed to split the revenue and operating expenses for the museum but the developers were expected to put up the capital for building it and Clifford was supposed to provide the artifacts and his reputation, he said.
Clifford, however, said he has plenty of artifacts in addition to those currently in two
He also has artifacts from
"We feel that there (are) plenty of objects to satisfy everybody," company president
The two traveling exhibits combined have only a small percentage of the total number of artifacts Clifford has in his possession, Norman said.
Clifford and Premier Exhibition officials said there are more than 200,000 artifacts that have been catalogued but only 150 to 200 in each of the traveling exhibits.
Clifford also said he had put the smaller Provincetown Whydah museum site up for sale and his son had his
Town officials said they were disappointed that the deal had fallen through but hoped the property could still be used for something related to the arts.
"We had a whole series of steps that we needed to go through to make sure everything was clear on the public side," Town Manager
The town used a state grant for a feasibility and needs study and, aside from staff time, had not spent much on the property so far, he said.
"I think one of the appealing aspects in the proposal that had been put before us is that the financial risk rested with the private sector," he said.
The existing study can still be used to determine what the best future use is for the property but it's premature to discuss next steps, Lynch said.
"We know there are members of the arts community and other groups which may be interested in the future use," he said, adding that officials will have to "digest" what happened with the pirate museum proposal.
Doe was expected to invest a substantial amount into the property and has always enjoyed a cordial relationship with the town, Lynch said.
"It was a pleasure dealing with them," he said. "I'm not sure what happened at the end here."
Doe could not be reached for comment on Monday but alluded to the financial hurdles of backing the museum in his letter.
"The lease, insurances, building renovations, contractors' pricing, design, engineering fees, and recent partnership matters are all contributing reasons that have made this project no longer feasible," he wrote.
"It was really shocking to all of us I think," she said.
But, real estate deals are volatile and can easily fall apart, said Cullum, who is a commercial real estate broker. Maybe Doe or Barry can find other partners and move forward with developing the armory, she said.
"Right now we have a space for lease," she said.
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