In October 2001, Polk County developer Larry Maxwell purchased a significant equity position in Cypress Gardens and plans to develop 100 acres for residential or commercial use.
Published on: 12/23/2001
Jeb Bush and his six-member Cabinet, the trust would pay Cypress Gardens owners Larry Maxwell and William Reynolds $22 million, or $154,930 per acre, by Feb. 24.
Cypress Gardens owner Larry Maxwell is asking the county for access to seven acres of land illegally cleared a month before the park closed so he can build houses on it.
Larry Maxwell is the majority owner of Cypress Gardens.
Owners Larry Maxwell and Bill Reynolds closed the park because of low attendance,
Cypress Gardens supporters successfully pleaded with state officials last week to try to buy the park to keep Maxwell from bulldozing the property to make room for the condos.
Published on: 2/1/2004
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Now that park owners Larry Maxwell and Bill Reynolds have a little money - combined payments for the park equal $20.5 million - they can pay off their debts.
Chelius declined to identify the state-appointed property appraiser hired to verify the purchase price sought by Cypress Gardens majority owners Larry Maxwell and Bill Reynolds, doing business as First Gardens L.C.
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