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Chula Vista Bayfront Redevelopment Project Seeks Foreign Investment, Sends Envoys to China

Mayor: "They wouldn't own the land, just the buildings and stuff."

Leaked photo rendering of proposal causes "concern" among some city officials, but seriously, what could go wrong?

"Don't worry, we won't destroy you," jokes Chinese government investor, "you owe us too much money!"

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It's a toss-up as to which element is scarier: the bank or the restaurant.

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Comments

eastlaker Sept. 27, 2012 @ 11:31 a.m.

Just when I start to think this redevelopment thing might be being handled in a semi-reasonable manner...flawed though the plans are.

Nice work, Walter, love how your mind works!

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VigilantinCV Sept. 27, 2012 @ 3:27 p.m.

I just bought an alarm clock made in China. Does this mean I can take it to our Bayfront to get it fixed?

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dlwatib Oct. 27, 2012 @ 9:10 p.m.

It's hard to get too cynical about this one. CV needs to open up their waterfront, and this mixed use plan is certainly a reasonable choice. CV may or may not be able to attract enough convention business to make a convention center pay off, but if not it can be redeveloped again later. Calling on the Chinese to sell a bond issue (or whatever) to get some investment funds seems reasonable as well. They are, after all, the ones with excess dollar reserves to invest. Is $22K too much to pay for the junket? I don't honestly know, but strange as it may seem, you don't attract investment money by impressing the potential investors with your frugality.

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