Quote:
Originally Posted by Orlando
Projects the article points out much more than just those studies. It articulates the controversial issue of funding the hotel. It would be too expensive for a private developer to take it all on by theirselves. But, if the government were to offer some sort of assistance, then they are accused of favoring a private company over another. That's the dilemma. The legislation is having a hard time rationalizing using taxpayer money to help a private company.
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Not really sure I believe that since these guys seem to have no issues building much bigger hotels and more of them in other cities like Vegas, Miami, ect. You can't tell me that with cities like those who have mega hotels popping up everywhere the city and state has to help fund each of them. Geez those cities can get a dozen new mega hotels online each year and we can't freaking get ONE. They have no issues spending billions on building hotels in bigger cities, but when it comes to our little market, they are going to go cheap on us and make us pay for it? They can afford to build a 1000+ hotel here in Salt Lake where they are building plenty over hotels that size or bigger else where on their dime.
With the demand already here in Salt Lake there has to be at least ONE developer willing to pay for most ( if not all ) of this development. Developers should be fighting to get in front of the line with a chance of having their name on top of what could be the tallest building in Utah, not just standing around waiting for the other to blink first. What's another couple of million of dollars to pay for a parking garage? Really. If it wasn't for this BS the damn thing would of been built by now.
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