Saturday, September 07, 2013
Indy Taxpayers Will Be Asked To Finance Another Downtown Hotel In Quest For New Super Bowl Bid
The insanity never ends. Those who believe that the future of Indianapolis rests on plowing hundreds of millions of dollars in public investments into the entertain and sports-related events in the downtown area are now pushing a new taxpayer-financed hotel at the site of the Pan Am Plaza because the more than one hundred million dollars in taxpayer funds that have been invested in other downtown luxury hotels, including the Conrad Hilton, the J.W. Marriott and the Alexander Hotel, aren't meeting the grade for the demands of the billionaire sports team owners. Those behind the 2018 Super Bowl bid hope that funding can be pieced together for yet another luxury hotel.