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Downtown Lubbock Redevelopment: Not all the Private Money Miller claims

Listener: Mikel Ward
Category: Law Enforcement by Camera
Date: 27 Apr 2008
Time: 20:01:51 -0700
Remote Name: 68.91.16.225

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Note: I compiled the above information from lists, pie charts, and maps from the power point presentation into this condensed form to refute claims that the City will only pay for infrastructure such as street closures and underground utility work. I just accessed a disc of the entire report which will probably expand or alter details in the above summary. This was compiled to show some huge taxpayer funded proposed projects with an estimated cost of $220,172,500. Mikel Ward

Downtown Redevelopment
Power Point Detail
February 5, 2008

Projects Phase 1: 0-4 years
Civic Center Renovation
Heritage Park (east of the Civic Center)
Office Flex Project (Ave. 0 & Main St.)
Residential, Part 1 (Ave. J-Ave. P, 14th-18th St.)
Festival Park, Part 1 (Texas Ave.-Ave. J, 15th-16th St.)
Movie Theater (Crickets-Buddy Holly Ave., 16th-17th St.)

Investment: Public_$62,357,000, Private_$104,320,000, Foundations_$863,000
_____________________________________________________________________

Projects Phase 2: 5-8 years
Civic Center Expansion
Performing Arts Center (east of the Civic Center)
Two parking structures (adjacent to above buildings)
Upscale Convention Hotel (Ave.L-Ave.M, 5th –Mac Davis Lane)
Adjacent parking structure
Residential, Part 2 (Ave. J-Ave. P, 14th-18th St.)
Festival Park, Part 2 (Texas Ave.-Ave. J, 15th-16th St.)
Arena (Ave.F-Crickets Ave., 16th-18th St.
Parking structure (east of Arena)

Investment: Public_$146,566,000, Private_$130,650,000, Foundations_$69,444,000
_____________________________________________________________________

Projects Phase 3: 9-12 years
Gateway Retail (Ave. O-Ave. P, Mac Davis Lane)
Arts-related Offices (Ave. M-Ave. O, Mac Davis Lane)
Residential, Part 3 (Ave. J-Ave. P, 14th-18th St.)
Residential Park (Ave. K-Ave .L, 15th-16th St.)
Collegiate Hall of Fame (Crickets Ave., 17th-18th St.)
Boutique Hotel (Buddy Holly Ave., 15th-16th St.)

Investment: Public_$11,249,500, Private_$61,792,500, Foundations_$10,398,000