I'm still in Austria, but I try to keep up by reading the Natchez Democrat online. This morning I discover that Natchez is about to become a casino town. In addition to the current casino Isle of Capri, we are going to get a new one at the foot of Roth Hill and another below the old Ramada Inn. Sure doesn't make for a Merry Christmas, does it. At least the casino under Roth Hill was the lesser of two evils.
Enjoy Natchez while you can - it will soon be changing more than you can imagine.
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It's a great day in Natchez!
Welcome To Lane!
Welcome to ANYONE who wants to spend $millions$
Have any of you ever heard the saying, "Don't sell yourself to the devil?"
Natchez just did.
Please don't ruin this beautiful town! The "Isle" is not obtrusive. Other casinos will destroy the landscape and the culture of Natchez. Don't sell out like your buddies upstream. They had to since they had nothing else going for them. Which is not the case here.
Our riverside waterfront is about to become a large scale parking lot.
Once Lane gets its parking lot, then Isle of Capri will want one too.
What is going on with the condos at the old pecan factory? Are they going to build them or have they given up? I just read something that Reuters put out that said the condo market is fizzling. "Developers have pulled the plug on some of Miami's most anticipated condominium developments, a sign that the city's sizzling, speculator-driven condo market-where prices of many apartments doubled or tripled in a few years-has finally chilled." "We're starting to see projects being canceled almost on a weekly basis...The market is now keeping out the crazy people". If there is no market for these things here in Natchez I hope they don't try to build something that becomes abandoned a couple of years from now. Also, there are a couple of other condo projects starting up here. Who's going to live in all these condos? Where are all those people with that kind of money for that many condo units? It's one thing to have half-finished vacant buildings on private property but quite another on our public riverfront.
Yes, it looks as if they have given up on condos down there and now the alderperson from that ward is finalizing a deal with another group to develop that site on the public riverfront. I'm told that it is the group that was interested in a casino on Roth hill, but lost out on the bid. The new plan is for public housing and it is being done in conjunction with the new HUD programs that will take effect January 2007. This plan seems viable and should happen quickly. Apparently they have uncovered a large public demand for this type housing. They haven't said how this will effect the local economy, but at least it will keep the property public.
Don't think really matters what kind of economic benefit since they (city council) never really reveal that kind of thing anyway. At least the space would be put to good use and public housing concerns won't be interested in blocking public access. Actually this sounds more like a Worley deal to make some money since the condo market has soured. Didn't he and Brown buy up all that property on and around Madison through some kind of govt. funding deal?
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