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05-15-2013, 01:10 PM
The Big Unit
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Originally Posted by Halibut View Post
No it's not. Those things are ancillary to the arena being built and will have their own costs associated with them. All the things you project about growth in property values and the rest are taken into account by the use of the CRL. The city has budgeted an amount equal to what they expect to gain based on the project but the $55 million short fall takes them above that number.
There's no arena district without the arena. I never said the city was paying for hotels, condo/office towers nor do I believe they will pay for that.

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