However, Troy and Southfield exist and we can't fix that unless there is a draw. Ford field and Copa exist now and that has had a huge effect on what people see and think about Detroit. . Detroit needs to be the "center" of stuff. Rightly or wrongly, today, the "center" focuses more on sports and bars and nightlife because very few of the bean counter or those with controlling interest at XYZ Industries, Inc gives a tinker's damn about anything other than which city/county is going to give it the best deal.
I agree the formula is way, way out of wack.It is not a public private partnership. It is called extortion. If it was a true partnership then the City would be getting a direct benefit. Do you know how many additional waiters paying city taxes you would need to employ to make up $500 million amortized over 30 years?
I disagree that there isn't a significant economic multiplier effect that goes beyond just the waiters.
I mean, look around the immediate neighborhood... compare the DAC of the late 90s to the DAC of today. Compare the Gem or the tons of other venues that are getting a second wind around downtown like the Colony Club or places like Cliff Bells. Would the Broderick be renovated? etc.
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