Thanks to a TKC reader for sending a great link regarding a bit of ominous foreshadowing that looms over this town's hotel project soon to under study at the rate of 500k. Money Quote: "St. Louis went through every stage of this a decade ago, before a new downtown convention hotel was built with significant government involvement (i.e., tax credits, etc.). How has that worked out for St. Louis? Well, it is a very nice hotel, but it was recently sold on the courthouse steps to its creditors after it could not meet its bond obligations."
Comments
Post a Comment
TKC COMMENT POLICY:
Be percipient, be nice. Don't be a spammer. BE WELL!!!
- The Management