 A development project in Baxter that included a Panera bread and sleep number store has been put on hold after the developer backed out. The developer that had been working with the Fruth Beverage Company to develop the land between Fairview Avenue and Excelsior Avenue informed all parties that it was backing out of the project. While no reason was given for the move, Baxter City officials are optimistic that the development will go forward sooner rather than later. The next steps are for us to look at in about a month here what we want to do with the roundabout and how we want to construct that and we will make that that's giving Mr. Fruth the opportunity to decide whether he wants to go forward this year. There could be some cost savings if he's willing to excuse me not go forward this year but we go forward next year but whether he wants to do it without a developer. That roundabout would connect Excelsior Drive to Fairview Avenue. If you've enjoyed this segment of Lakeland News, please consider making a tax deductible contribution to Lakeland Public Television.