Matt Baker’s post concerning Mosaic Development Partners

Matt did a very well researched summary of why Mosaic’s claims may be flawed.

“Put a fork in this one
Posted by MattBaker
Mar 08 2010
Hi Everyone,
Well attached for your review is the feasibility study presented to Greg Reaves of the Mosaic Development Partners from Pat Burns Owner of the Fresh Grocer. You’ll note the date of the study March 30th, 2009. Seems out dated right? Well as strange as that may be it’s the letter that was presented to the RDA a couple of weeks back in their February monthly meeting. So in one year’s time in essence nothing had changed from the original letter. One of the big parts of Mosaic’s deal was that they had a anchor tenant (Fresh Grocer) but needed Site Control in order to move forward. Well after reading this letter from Fresh Grocer it’s my opinion that they never had an anchor tenant because there were too many concerns from the Fresh Grocers side to address before they could commit.”

More with links to Fresh Grocer's letter to Mosaic and other documentation at Matt’s website:

http://bakerforcoatesville.com/2010/03/life-support/