1/18/2005

Elevator to the Moon

The elevator-to-the-moon plan for the city's waterfront, as proposed by the Lakefront Devlopment Group, gets a well-deserved smack in today's Buffalo News.
A 3,500-room convention hotel. The largest hotel in Erie County now has fewer than 500 rooms. The proposed behemoth will be about 10 times larger than the Marriott, Hyatt, Adam's Mark or Sheraton. Pray tell: Who is going to stay here? What effect will the glut of rooms have on the existing market? A 300,000-square-foot convention center. Yes, our existing center is outdated and too small (110,000 square feet). But funding 300,000 square feet of convention space requires many more conventioneers than we are likely to attract. Consider that conventions live and die on attendance; more attendees equal more revenue for the sponsoring organization
The author goes on to explain why Buffalo has a hard time booking conventions.
500,000-square-foot "festival pavilion." Can you say Millennium Dome? London's boondoggle, built to celebrate the year 2000, is already being dismantled due to lack of funds for upkeep and lack of ideas for its possible use. How often will Buffalo's "festival pavilion" (the size of 10 football fields) be used? How much will it cost to build? Who will pay for the upkeep? 200,000 square feet of Class A office space. If this is not tax-subsidized, fine and dandy. If it is, then why would we undermine downtown development, especially now that downtown is once again beginning to register a pulse? I don't know what the 215,000-square-foot sports center is, but do we need it? We couldn't figure out what to do with Memorial Auditorium, but we need this? The Pepsi Center in Amherst loses money. How will this center make it?
The author likes the Norstar development proposal. I like the WestEnd proposal. Either one is doable. The escalator-to-the-moon proposal isn't.

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