The Horny Toad's largest creditor, Valley View Bank, is now the new owner of the complex. The entertainment center just sold for $10,000,000 and the Resort and Yacht Club sold for $15,000,000. Valley View Bank was the only bidder on the property.
Leisure Hotels and Resorts of Kansas City, who had taken control of the daily operations of the complex since late October 2009, is working on a proposal for a new marketing and branding idea. This proposal is to be submitted to Valley View Bank in the next couple of weeks. Once approved, the transformation of the project will begin.
What is your take on this? Any thoughts of what would work for this property? New name? New ideas? New theme? Let us know what you think with your on-line comments.
Mike & Susie Berra