Wednesday, January 29, 2014

What Passes For Economic Development These Days

Development Watch: A Look at the 'Ugliest Damn Building' in Jersey, 'Maybe America'
One of the great boondoggles of our time.  A hideous travesty, a shining example of multiple failures of leadership and vision, and an ongoing sinkhole for public money.
Originally known as Xanadu—the potential for poetic irony apparently lost on the developers—this recent subject of a deep dive over at Atlantic Cities was proposed as a massive entertainment complex with an indoor ski slope, and nearly a decade after it broke ground, it still shows no signs of opening up in the near future. Come Sunday, this colorfully-paneled facility will serve as a staging area for police, as well as a reminder of the lingering death throes of the indoor mall.

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