Originally Posted by
Mackinaw
Anyway, what question about public subsidies needs to be answered? Some of the papers said that this is all private money for this development. Well sure, but it counts towards the $200M investment that Olympia must make to enjoy the lavish subsidies that are already on the table. So I guess it all factors in to their plum situation. Crain's, I believe, estimated that this could cost $70 million, so the Illitches are almost halfway home in terms of what they NEED to do. Obviously, we should hope for more and the council should have insisted on more.