The developers who would build the 12,000-seat arena and an adjoining 450-room Downtown hotel are taking part in the study.What the Journal fails to tell you is that this isn't the first time the city has formed "study" groups that include those who have a vested interest in seeing the project approved and financed with taxpayer money. Marty's Trolley to Nowhere Taskfarce is similarly packed with members whose interests lie with seeing a central street car (read about it here).
The problem is with the formation of these "study" groups and "taskforces" whose only mandate is to provide cover for politicians. The truth is that neither one of these projects are commercially viable and will require huge amounts of taxpayer money to build and even more taxpayer money to maintain and operate.
Folks, these large developments can be great money makers for the developers who build them - sometimes they can even be successful. It doesn't matter how much taxpayer money is spent on a "study" it can't change the fact that neither of these proposed Marty-World developments can make money or even support themselves. These two projects are simply pigs attempting to feed at the public trough. (We were going to say something about lipstick but... you know.)