Developer withdraws from offer to buy hospital property

Georgia-based real-estate developer Wayne Johnson has rescinded his offer to purchase the former Wrangell Medical Center property and six adjacent lots from the borough.

Johnson had negotiated a new purchase agreement covering the parcels, but said he withdrew his proposal due to community concerns over the new deal. He blamed a Sentinel headline for stirring up concerns.

Johnson notified borough officials on Friday, June 28, of his decision to walk away from the project.

The Sentinel reported on Johnson’s requested changes to the land-purchase agreement on June 26 with the headline, “Develope...

 

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