Developer of The Harbor in Rockwall files for bankruptcy
By Richard Abshire, The Dallas Morning News. The developer and majority owner of The Harbor in Rockwall has filed for reorganization in federal bankruptcy court.
Rob Whittle said the goal of the Chapter 11 filing is to restructure the development’s mortgage so he can lower rents for retailers.
Things are going well for tenants, except some retail stores, he said. The Harbor, a premier mixed-use development on the Lake Ray Hubbard shore, averages 25,000 visitors a week, more in the summer.