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Health & Lifestyle
Submitted by PoliGuest (not verified) on Tue, 09/23/2008 - 9:39pm.
I read a more in-depth study of the Raleigh Convention Center, and it pointed out that bookings were all at a 45% discount, which in the end would not be profitable, and certainly would require taxpayer assistance. It went on to say all Convention Centers across the country are fiercely competing with each other, losing money, and requiring tax dollars. I believe these numerous reports that all have the same findings. Raleigh got a new Center because a few people voted it in, just like here in Wilmington. And like in Wilmington, there was no popular vote, and the real facts were always hidden under the hype of new jobs and revitalization. PPD, the most amazing venture to ever hit Downtown, was pre-Convention Center. What about MLK Parkway, I-140? Have you seen all the new buildings and projects? The Northside is the new entrance to the city with or without the Convention Center. Let's keep up with the books on this one. Believe me I hope it does make money.
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