rabble wrote: How the hell many hotels do we need for cryin out loud?
As many as can stay in business.
What the hell are we, a socialist planned economy?
Private investers are willing to sink $80M into this project, and it results in a significant short and long term stimulus for the economy. The opponents of this project seem to dismiss this aspect without comment, simply making a philisophical argument against TIF.
On the one hand, critics are complaining (ridicuously) that the hotel is a playground for the rich. On the other, they are resentful that unskilled workers will find jobs there. Not sure which argument is more snooty.