Dallas Observer, LP
Robert Wilonsky
The city's giving away the Atmos Complex, highlighted, mostly because nobody can do a danged thing with the buildings till the Statler Hilton, top right, is redeveloped or exploded.

Never a Dull Moment on the City's Economic Development Agenda

Robert Wilonsky | October 20, 2008 | 8:04am
  • Facebook
  • Twitter
  • email
  • Print Article
AA

Sam detailed yesterday the city's plan to redo the convention center and restructure its $263.9 million debt (bond sale! bond sale!). Which leaves plenty of other interesting items for our City Hall sneak peak -- among them, the discussion scheduled for this morning's Economic Development Committee briefing titled "Attracting Foreign Investment as Part of Dallas' Economic Growth Strategy: The EB-5 Program." Which, if I read the item correctly, is about bringing out-of-country dough-re-mi and full-time jobs to Southern Dallas in exchange for green cards and visas.

And, for those who can't get enough of the convention center hotel, well, the city's putting off choosing an operator (Marriott or Omni? Omni or Mariott?) till November 10. Incidentally, the city's made a pros-and-cons list for both would-be operators worth a look-see. As in: Marriott's "construction requirements result in higher building costs," while Omni has "less experience in operating large hotels" and "less well established presence with convention type customer base." That sort of thing.

If you like this story, consider signing up for our email newsletters.

SHOW ME HOW

X
Newsletters
All-access pass to the top stories, events and offers around town.
  • No Thanks
  • Sign Up
X

SUCCESS!

You have successfully signed up for your selected newsletter(s) - please keep an eye on your mailbox, we're movin' in!

Also back on the table this a.m.: transferring the four-building Atmos Complex, which sits behind the nasty old Statler Hilton Hotel on Commerce, from Forest City to Hamilton Properties, as mentioned late last month. Alas, ain't a cent in the TIF for the Hamiltons, at least till 2013. --Robert Wilonsky

  • News
  • News

Use of this website constitutes acceptance of our terms of use, our cookies policy, and our privacy policy

©2019 Dallas Observer, LP. All rights reserved.