Gaylord Cancels Plans for San Diego-Area Convention Resort

Gaylord Entertainment has canceled its plans to develop a $1 billion resort and convention hotel in the bayfront area of Chula Vista, Calif., just south of San Diego. The company cites “prolonged approval processes, complicated regulatory and legal structure, and excessive costs” as the factors behind the decision.

This is the second time Gaylord has withdrawn from the project, according to The San Diego Union-Tribune. The first was in May 2007 when the company could not reach

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