Quote:
Originally Posted by NewIreland
Just out of curiosity... what is the 15 mil investment?
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The H20 apartments a little further north on Waterfront Drive, getting closer to Labroco's precinct. I'm not sure if there's anything else?
Anyway, there is a lot of frustration here voiced by A90 and I can sympathize with him. He took a chance on Waterfront and while I'm sure some might look at him and say that's the business, you win some, you lose some, I don't think that's a good way of looking at it. He did something that would obviously benefit himself, but it was also an investment in the community that could help improve the area. And now he feels hung out to dry.
There's no question that the social fabric of downtown has frayed over the last couple years, and some areas that felt like they were OK and on the upswing are now looking pretty rough. If the situation doesn't improve then the legitimate operators move out and the unpleasant slumlords take over, and then it's worse for everyone. The situation deserves some attention.