Comment 29202

By jason (registered) | Posted February 28, 2009 at 16:10:17

Concern, perhaps you have a valid point there, but if you check reports from last year you'll read about the cancellation of projects such as the Federal Building, Century Theatre and decision to hold off on the Hilton. News around city hall these days is that the HMP Hilton may actually start construction sooner than later. I'll believe it when I see it, but here's hoping. As for the director of Downtown Renewal, I've had the pleasure to meet him and some of the staff and they are great folks with a real passion for downtown. I've never sensed any arrogance from any of them. They acknowledge the problems and are facing them head on with all of the initiatives mentioned in the report and now purchasing downtown properties to redevelop them.
The ROI in the loan program is astounding. This department and associated programs are in my opinion the best operation in the city. The minimal amount of tax money loaned generates many times more in taxes and better yet, revitalized buildings and new construction. Sure, some projects may not succeed as well as others, but that's hardly the fault of this department.
I'm no architect, but I can tell you whats wrong with City View Terraces....horrendous design, lousy street presence and tiny units.
Contrast that with the CoreLofts which was a smashing success.

All in all, good things are happening downtown.

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