Greeley’s $1.1B gamble: A monument to misplaced priorities – BizWest
1 Articles
1 Articles
Greeley’s $1.1B gamble: A monument to misplaced priorities – BizWest
Just when you thought taxpayer-funded sports arenas were a relic of bad public policy, the Greeley City Council proved otherwise. The board recently approved a $1.1 billion entertainment district — an 8,000-seat minor-league hockey arena, indoor waterpark, and 350-room hotel — backed by a risky financing scheme tied to a local developer whose team will headline the venue.
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