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Downtown Article 11370: 04-Oct-18

UPTOWN SURGES: Shaheen Development Announces Expansion at Old I-B Site

By: Dave Rogers

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sunbeamf Says:       On October 22, 2018 at 07:55 AM
This is, of course, a good thing but I have always wondered about the concentration of funds going into the downtown instead of into the neighborhoods. Are we going to see a city with a sparkling downtown but nothing else? We seem to be concentrating on housing and stores and development concentrating along the river. What about Banks? Columbus? Broadway? West Side? Shouldn't they share in the "Renaissance"? Many Bay Cityans complain about their streets, their taxes, the housing next door and down the street that's falling down, etc. but it seems the lions share of the money available goes downtown. People might say that the developments pay taxes but as I recall they got tax breaks for locating in the downtown. So they aren't even shouldering their share of the city's tax burden. How does that help the guy who lives on 4th street?
As a side note have you guys ever considered doing a piece about the Double Tree and the other hotels in town? What's the occupancy rate? Has the DoubleTree paid their loans to the city? Last time I looked they were behind on their payments. I tried to interest the Times in an article but they didn't answer.
Thanks

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