Posted on 03/18/2006 7:09:02 AM PST by Jimbaugh
Project Could Land City In Another Investigation Developer Gets Barrio Logan Land For $100 http://www.10news.com/news/7064349/detail.html
SAN DIEGO -- A planned retail center in San Diego's Barrio Logan was suppose to revitalize the entire area, but the city's redevelopment agency, developer and politicians never got anything done. Now, the lack of progress could land the city in another federal investigation.
A memo from the city's redevelopment agency estimated if it had been built, the Mercado Project could have generated $307 million in revenues for the city over 40 years. Instead, the empty 6.5-acre lot is a haven for the homeless.
(Excerpt) Read more at 10news.com ...
Years ago Houston had a big Mercado del Sol project planned to revitalize the east side - and it was a major disaster. Apparently these city planners never learn...
Public sector attorneys investigating others of their ilk always results in jail time...uhhh sure....yup...wellll...
"Failed Projects 101".
A better question is whether anyone will go to jail not just for this but all the other scams that have been run in this city!
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.