Liko Smith withdraws bid, what now for Sugar Loaf?

Discussion closed here and continues at Turning the page on Sugar Loaf.

The headline reads Smith pulls Sugar Loaf bid: Sugar Loaf owner calls would-be developer ‘a joke’, and in it, Bill O’Brien of the Traverse City Record-Eagle reports that Liko Smith has withdrawn his bid for the long-shuttered Leelanau ski resort.

“I wanted to believe this was going to happen,” Wickstrom said. “But he’s obviously without the means to do anything.”

Smith’s website stated, “Unfortunately, at some point it is not healthy to (pursue) a deal,” and he was pulling out of the project.

“I’m like the sixth buyer here, and I’ve got the farthest,” he said.

Really? I wasn’t aware that there were varying degrees of “nowhere” you could get to. Now we’re left at the point where we were when Liko crashed into the scene this spring with one very important difference: a bunch of people are paying attention to Sugar Loaf.

We’ve decided to close our massive Sugar Loaf thread to new posts, add a link to the hibernating Friends of Sugar Loaf group on Facebook and start anew here with the simple question, What now for Sugar Loaf?