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Lake Lanier resort reports lower revenue
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The chief operating officer of Lake Lanier Islands told members of the Lake Lanier Islands Development Authority that the resort has felt the impact of the soft economy.

Grier Todd said the ongoing construction projects, the sagging economy and the increased cost of gasoline has hurt the 1,100 acre resort.

In a financial report to the board, which oversees the state-owned project, revenues for August were $1.8 million, compared with $3 million in August 2007.

Major renovations at Legacy Lodge and Emerald Pointe Golf Course contributed in part to the reduced income for the resort, which is leased to LLI Management, a company owned by the family of Gwinnett businessman Virgil Williams.

The construction at the lodge is completed and the golf course, one of two on the islands, will reopen next year.

Todd said the resort has already booked a number of meetings for 2009.

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