insider

The downfall of Tim Shelnut

The downfall of Tim Shelnut

About 15 years ago, Tim Shelnut was flying high. Once a high school dropout, he became known as one of the richest men in the Augusta area. Shelnut often boasted that he had been involved in the “financial-services industry” for more than 30 years. In the late 1980s and 1990s, he spent 14 years as […]

Heery Walking a High Wire

Heery Walking a High Wire

As faces grow redder over the bungling of the $40 million Municipal Center renovations, a lot of attention is being paid to Heery International, the company paid by the city to oversee the Municipal Building renovations as well as all the big-ticket SPLOST projects. It’s not the kind of attention any company likes to receive. […]

Regency Mall owners really want $50 million?

Regency Mall owners really want $50 million?

In its heyday, Regency Mall was heralded as a unique shopping experience, unparalleled by anything in the surrounding area. In fact, the mall, built by shopping center magnate Edward J. DeBartolo, was billed as the largest in Georgia at the time it opened its doors in 1978. Today, however, it stands as an empty, beige […]