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Originally Posted by s.p.hansen
I don't think he has made a good case for that.
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Some cities, like Denver as you pointed out, helped to finance a CCH with bonds and other mechanisms in order to help the developer offset the cost of the building. SL County has specifically stated over and over that the Tax Increment Financing (TIF) tool will be used to pay back the developer the cost that will be incurred to build the convention and parking space that will be part of the new CCH, not the rooms. The County will ultimately be paying for the convention and parking space and the County will operate/manage the new convention space and parking as part of the Salt Palace. Convention space that is desperately needed in order to attract some larger conventions and retain OR.
As I have mentioned several times before, without a direct connection to the Salt Palace it impossible for the County to operate, manage, and market the new convention space as part of the Salt Palace, because if it's not connected to the Salt Palace, and thus it's not part of the Salt Palace.
If all the County needed in order to say the Salt Palace had more square footage was have hotels with convention space nearby they could simply buy the convention space in the Marriott and the Raddison, and magically the Salt Palace just added over 35,000 square feet of convention space. But come on we all know that counting the meeting space in those two hotels doesn't add square footage to the Salt Palace.
But hey, if someone can explain how having convention space that isn't connected to the Salt Palace, adds more convention space to the Salt Palace I would be anxious to hear that.
So, if Dinwoody and Arrow Press were to be the location of the CCH and the expanded square footage of the Salt Palace convention space, it would make sense that it would have to have a tunnel under W. Temple.
One potential possibility would be for the developer to build the hotel on one of many sites surrounding the Salt Palace and then build convention space on the Royal Wood Plaza site. That would ultimately increase the overall cost to the developer because that then involves two sets of building plans, two foundations, acquiring more parcels, additional meeting space and parking in the hotel only, rather than a shared agreement with the SP space. I really don't see the developer going in that direction, does anyone else? Once again why the RWP site makes the most sense. Plenty of space for Salt Palace expansion, with a direct connection to existing expo space, plenty of space for a tall, or wide, or two hotel towers, with room for additional convention space in the future.