Bayview is a small unincorporated spot of unusual beauty. Nestled in one of the few protected bays on Lake Pend Orielle, it lay undiscovered, eight miles off the highway until recently.
Big money hit town with a vengeance. With Three underachieving resorts for sale, a development firm called Waterford Park Homes entered the picture. First Vista Bay Marina was purchased. Then followed closely by Boileau's Resort including the Button Hook Restaurant, and Bayview Marina.
Following the purchase of three of the six existing resorts in town, they went on to purchase the town trailer park and the Scenic Motel. Bayview is fast becoming a company town. The goal of the company is presumably to become a Summer version of Sun Valley. A destination resort playground for the very wealthy.
While I personally applaud the investment in tired ownership situations, one wonders when it's too much. I don't believe one company should dominate any town or village. One starts to feel like it's the middle ages again with the royalty vs. Peasants.
This Summer season, the Buttonhook Restaurant was leased and operated by Dan and Wendy Talerico. After closing seasonally, they were informed that some of Waterford's management wanted to play with it next year. Renewal of the lease was refused. This after a large investment in the business by the lessees.
I don't know at what point an illegal monopoly occurs. Perhaps there are readers out there that could offer opinions. This town of Bayview is becoming a town named Waterford Park...
Parting Shot -- 4.15.14
7 hours ago