The investment group pulled out of the project in 2000.
The investment group will put up $48 million in cash.
"But it will have an impact on future economic activities and in the decisions of certain investment groups."
It was sold to a private investment group in January 2000.
In 1985 the 44-acre estate was sold to an investment group.
The company agreed to be acquired by an investment group for $27.50 a share.
When asked if his investment group had made millions of dollars, he said, "We did very well."
Still, it is a niche and one that other investment groups are looking at.
He also passed on a proposal by an outside investment group to study the possibility of taking the company private.
The company went private again when it was sold to an investment group in 1993 for approximately $62 million.