Re: Holy Grail (First Restaurant/Bar at The Banks) set to open 3/17
I can think of a few:
1. The economy tanked so not a lot of developers were interested
2. Unlike the levee the banks couldn't be built just on fill. A large underground parking structure (when completed one of the largest in the country) had to be built in the floodplain
3. The deal with the bengals. They used up a lot of money for the infrastructure but also has a clause that 5000 parking spots must be available west of suspension bridge. So you couldn't just rush in and build over the surface parkin.
4. Not as much money coming in for sales tax
5. It truly is a much more expansive project then the levee or a strip mall. Big projects like these take time.
Two stadiums, a coliseum, a world class museum, huge intercity park, many restaurants, and downtown residents in an area of town sure beats anything else in the tristate. And considering just 13 or so years ago it was mostly just warehouses and a highway ramps its remarkable we have what we do.