Trinity proposal for CMP strong, but unethical?

August 15, 2008

The Trinity Capital’s proposal for the Community Maritime Park is strong. They commit to finding private financing for anything in the two phases of the park that the $40 million won’t pay for.

Read ( trinitycmpaletter.pdf)

However, this is my question – why didn’t they propose this the first time? Did the local guys on the Trinity Capital team think they could slip one by and use the Good Old Boy network to get it done?

Also, what is the purpose of the RFP process if the master developers can change their proposals after the bids are open?

There are ethical and integrity issues involved here. Maybe the CMPA master developer should be picked at an auction…letting both side continually raise their bids.

You Might Also Like

  • Anonymous August 20, 2008 at 3:15 pm

    Thanks Pete.

    What will it take to attract the cheerleaders of the downtown to live downtown?

    Not everyone can afford Arrogant or Port Royal .

  • Pot Liquor Pete August 20, 2008 at 1:51 pm

    Once again the driving force behind any economy can not totally, and will never be determined by the events and happenings of the central business core, especially since only a small fragment of the population reside within it. Yes there have been aesthetic improvements throughout downtown, I will be the first to agree upon that fact. But the true question of growth is not based upon eye candy, rather the overall comparison of statistical data that guides investors and developers.

  • Joe August 19, 2008 at 2:39 pm

    Not inside the CRA boundaries, but close.

  • John August 19, 2008 at 11:05 am

    So Joe, you live in the CRA?

  • Joe August 19, 2008 at 10:19 am

    “Where did all the money go?”

    Uh… into the district? Seriously, if you weren’t around back then, at least ask someone what downtown was like in the 70s and early 80s. It’s the difference between night and day. Most historic buildings were dilapidated and on the verge of being razed. The Saenger was a porno theater. The waterfront was nothing but empty warehouses and the dreck that the railroad companies left behind.

    Remember that the CRA’s budget is dependent on how much the district’s property values have increased since it was established. So when you ask what good the agency has done, you can actually quantify the answer.

  • 1 2 3 4