Convention Center Not Up To Expectations

joepole · 08-06-2007, 10:15 AM

When/why did everybody decide to just round up the price of the building to $100MM? The construction budget (with change orders and options) was around $75MM and land acquisition/demolition was around $5MM.

LateNight · 08-06-2007, 11:02 AM

20 million here, 20 million there, pretty soon it starts to add up to some real money.

Isaac-Saxxon · 08-06-2007, 11:09 AM

There is a easy fix ya know brother ! Tax that business man more on his property and that will fill the short fall. The city of Shreveport needs to try to sell that thing and get out of the business of hotels and take care of the problems in this town.

Keith Hightower left his mark on this city like a tom cat !

joepole · 08-06-2007, 11:22 AM

>The city of Shreveport needs to try to sell that thing and get out of the business of hotels and take care of the problems in this town.

That article is about the convention center, not the hotel.

Isaac-Saxxon · 08-07-2007, 08:08 AM

Quote:

Originally Posted by joepole

>The city of Shreveport needs to try to sell that thing and get out of the business of hotels and take care of the problems in this town.

That article is about the convention center, not the hotel.

Either way the city needs to take care of other things not a hotel or convention center.

Texasbelle · 08-07-2007, 08:30 AM

The City of Shreveport and its citizens will be paying for having had Hightower in office for years to come. How many lawsuits does the city have against it because of Hightower and his decisions? How much money does the city owe on those? Now you have the debacle of the Convention center and the Hotel. It leaves you scratching your head and wondering what's next? Furthermore, look at the white flight. Where is the city going to get the tax dollars to pay for things if all the high wage earners are living across the river?

rhertz · 08-07-2007, 12:29 PM

I don't know how true this is, but I once heard that Shreveport is $1B in debt. That is approx $4k for every man, woman, and child in the city. Give or take....

08-06-2007, 11:09 AM	#3
Isaac-Saxxon SBLive! Veteran Join Date: Sep 2006 Posts: 4,421 Rep Power: 340	There is a easy fix ya know brother ! Tax that business man more on his property and that will fill the short fall. The city of Shreveport needs to try to sell that thing and get out of the business of hotels and take care of the problems in this town. Keith Hightower left his mark on this city like a tom cat ! __________________ Maranatha Mat 7:14 Because strait is the gate, and narrow is the way, which leadeth unto life, and few there be that find it.

08-07-2007, 08:30 AM	#6
Texasbelle SBLive! Veteran Join Date: Mar 2007 Location: In the woods Posts: 1,819 Rep Power: 287	The City of Shreveport and its citizens will be paying for having had Hightower in office for years to come. How many lawsuits does the city have against it because of Hightower and his decisions? How much money does the city owe on those? Now you have the debacle of the Convention center and the Hotel. It leaves you scratching your head and wondering what's next? Furthermore, look at the white flight. Where is the city going to get the tax dollars to pay for things if all the high wage earners are living across the river? __________________ One shoe can change your life! Cinderella

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08-06-2007, 10:15 AM	#1
joepole SBLive! Veteran Join Date: Sep 2006 Posts: 1,606 Rep Power: 281	When/why did everybody decide to just round up the price of the building to $100MM? The construction budget (with change orders and options) was around $75MM and land acquisition/demolition was around $5MM.

08-06-2007, 11:02 AM	#2
LateNight SBLive! Veteran Join Date: Jun 2006 Posts: 1,609 Rep Power: 290	20 million here, 20 million there, pretty soon it starts to add up to some real money.

08-06-2007, 11:22 AM	#4
joepole SBLive! Veteran Join Date: Sep 2006 Posts: 1,606 Rep Power: 281	>The city of Shreveport needs to try to sell that thing and get out of the business of hotels and take care of the problems in this town. That article is about the convention center, not the hotel.

08-07-2007, 12:29 PM	#7
rhertz SBLive! Veteran Join Date: May 2006 Posts: 2,834 Rep Power: 316	I don't know how true this is, but I once heard that Shreveport is $1B in debt. That is approx $4k for every man, woman, and child in the city. Give or take....

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