Apartment and Condo inventory on the barrier island (and elsewhere) has been growing rapidly while sales and prices have been falling. This trend is now evidencing itself in the broader market as described in this Bloomberg article. Tate and Partners are proposing to build a HUGE WHITE ELEPHANT that will become an albatross around the taxpayers’ neck, to mix metaphors. Bahia Mar was not intended for apartments nor condos. Their proposal is a FIASCO in the making and must NOT be approved. https://www.bloomberg.com/news/articles/2017-11-20/once-hot-apartment-construction-cooling-as-u-s-housing-engine