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Old Posted Jun 27, 2011, 9:13 PM
verybadgnome verybadgnome is offline
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Join Date: May 2009
Location: Holly neighborhood, Austin
Posts: 179
Originally Posted by Austinite101 View Post
Well I'm pretty sure that the city isn't doing those improvements SOLELY because of the hotel. The developers are just taking advantage of an area that is sure to be as beautiful as it is valuable with all these improvements.
No they are trying to develop that whole part of DT that is undevelopable without this project. Being a good corporate citizen means chipping in your fair share OR building a hotel to serve the F1/SxSW contingent that isn't in the floodplain. The city should have implemented a TIF scheme instead since this is not a minor project.
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