51 Biltmore project a win for all concerned

  For the last four years my company, Public Interest Projects, has been part of a development team working with the city of Asheville and the McKibbon Hotel Group trying to produce a "win-win-win" on the 51 Biltmore project for the parties, downtown and the taxpayers of Asheville. [...]th...

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Bibliographic Details
Published inAsheville Citizen - Times
Main Author Whalen, Pat
Format Newspaper Article
LanguageEnglish
Published Asheville, N.C Gannett Co., Inc 20.01.2011
Subjects
Cities
Costs
Hotels & motels
Local government
Parking facilities
Taxes
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Summary:  For the last four years my company, Public Interest Projects, has been part of a development team working with the city of Asheville and the McKibbon Hotel Group trying to produce a "win-win-win" on the 51 Biltmore project for the parties, downtown and the taxpayers of Asheville. [...]the garage will result, over time, in higher nearby property values and density from improvements encouraged by the presence of increased parking capacity. Since the city built its three decks north of College Street, the private sector has willingly invested more than $200 million in that area.