For Oklahoma City billionaire Aubrey McClendon, that might mean selling the beach house he’s never lived in. His $10 million home on Lake Michigan hit the market recently.
The 7,000-square-foot behemoth of a getaway place in the Singapore Dunes of Michigan comes complete with a 1,300-square-foot separate guest house.
The former Chesapeake Energy CEO has switched gears from
living the retired life toward an energetic plan to develop 18 homes
near the site. His vision for expansion includes preserving the land
surrounding the Kalamazoo River, according to McClendon’s developmental
company.
A number of
residents, however, reportedly see the development as
anti-environmental, charging that the expansion would spoil the mystical
lands. For some who call the Saugatuck Dunes home, the sands lay atop
graves and undiscovered treasure, based on the legend of the
once-thriving Singapore community.
Hey! Read This:
- Nonprofits and retailers wonder about their relationship with Chesapeake in a post-McClendon environment
- After a rocky year, Chesapeake CEO Aubrey McClendon retires from the energy giant he co-founded, prompting questions about his — and the company’s — future
This article appears in May 22-28, 2013.