Zero bidders competing with Mereulo or just zero bidders. If he doesn't even show up to bid that would be the ultimate hilarity
Brahm corrected himself in a later tweet. There is currently one registered bidder..... Alex Meruelo.
Other bidders can register right up to the day of the auction. Provided they have a $14 million cashier's check in hand.
Richard Rodier recently mentioned his source told him three other bidders are going to be in. Will they show up?? Who knows??
Example: There was an auction last month for a 300+ acre parcel in North Phoenix (near the new multi-billion dollar TMSC semiconductor chip plant) and the Phoenix Business Journal published an article describing how three big developers were going to be in on the auction.
I checked the State Land Trust site.... That auction closed with a single bid from the original applicant for the opening bid.
Now if you want even more to speculate on..... there was a rumor floating around a while back that Meruelo possibly has multiple investors on board with him for this parcel.
There's still people running rumors here locally that Matt Ishiba is going to be in on this.
We'll find out on June 27th.