Thursday, May 20, 2010
As I've said before I don't live in the big city but like everyone else near Madison I follow the city issues. I think that the council made the right decision to build this hotel. I don't think that the city should be on the hook for $16 million dollars. If the Edgewater wants to do the project they should fund it. I think that it is a great idea and they should make money at it but that is a lot of money to ask the city to kick in when the ripple effect benefits will not be that great. Spin off business is unlikely. Some restaurants might do a little better but there is no guarantee. The hotel will still have a restaurant and bar and they better improve from what they currently have if this project is to succeed.