There are several aspects of the proposed hotel in the WaterWalk development that I find troubling.
Perhaps most important to public policy, the city has now recognized that when it provides subsidy to one business, it may harm other businesses. As you may recall, I've spoken to the council several times on this topic over the past few years. I've been concerned about the effect on privately-owned businesses and the willingness of entrepreneurs to assume risk only to find themselves competing with a subsidized business. The city has shown little concern for this.