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Commissioner Jimmy Dimora is investing $903 million in an industry that was down 40 percent before the depression. Fortunately, he’s doing it with your money, not his.

In their ongoing quest to blowtorch your wallet, then stomp it to death while doing Cherokee war cries, Cuyahoga County commissioners may have fashioned their worst deal yet to build a new convention center/medical mart in Cleveland. In an ongoing series, Ace Reporter Lisa Rab breaks down the absurdity of the deal for those of you scoring at home: Cleveland’s civic leaders, not being the most well-read bunch, have long been jonesing for a new convention center and medical mart as the miracle cure for the city’s economy. They envision thousands of people being shuttled from Hopkins to Tower City, sleeping a the Ritz, dining in our restaurants, and unloading monster coin in our fine selection of gentlemen’s clubs…

This article appears in Mar 19-25, 2008.

5 replies on “WTF? Convention centers are the VHS of civic investment ideas”

  2. Do you have a better plan ASE?
    If hate Cleveland,move away!
    Don’t listen to this crap!
    “Go C Town”

  3. The whole city government is corrupt! We haven’t heard Mayor Jackson weigh in on Medmart. Jimmy dmoron the pig making cash on payoffs from contractors.

  4. Thank you, Anonymous, for your enlightened comments. Since you asked, my plan would be to NOT buy the Ameritrust Building, sink $3 million into asbestos abatement and then resell it at an additional multi-million dollar loss. You, apparently, prefer the Hagan, bail-out-the-developer, fleece-the-taxpayer approach. Each to his own.
    And for the record, I kinda like Cleveland. That’s why I’ve stayed for 10 years. That’s why our hamhanded local governance bothers me. It’s nice that it makes you happy though.

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