^Thanks for posting that article.
I'm not by any means trying to go on a political rant, so I'll keep it brief.
Quote:
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The original plan included condominiums, which have no market in the foreseeable future. A hotel was in the mix, but city officials are trying to wrangle a way to finance new convention facilities to draw visitors to fill hotels.
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I understand that in many situations, especially in smaller cities it takes the city government to step up and create a big development to spur smaller developments and infill, but too many times the case here in Memphis is that developers almost rely on the city to make the first move before they begin to make plans; especially downtown where it hurts the further redevelopment of downtown the most.