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Footbridge to Petco

Discussion in 'All Other Sports' started by BFISA, Oct 28, 2008.

  1. BFISA

    BFISA Well-Known Member

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    http://www.signonsandiego.com/news/metro/20081023-1516-bn23bridge.html

    Footbridge to Petco Park under construction

    By Jeanette Steele
    UNION-TRIBUNE STAFF WRITER

    3:16 p.m. October 23, 2008


    Construction crews are boring the first holes for a landmark $26.8 million downtown San Diego footbridge, in part so that Padres fans can cross safely to their cars from nearby Petco Park.

    At a groundbreaking ceremony Thursday, Mayor Jerry Sanders lauded the start of the sometimes-controversial Harbor Drive project while defending its cost and importance. The project's price has ballooned from an estimated $12.8 million in 2005 at a time of tight city budgets and new revenue shortfalls.

    The southwest side of the bridge connects to a 2,000-spot parking garage and a Hilton hotel that will open in December.

    But the northeast side will now lead only to an empty parking lot instead of the luxury Marriott hotel once envisioned – though property owner JMI Realty, Padres owner John Moores' development company, is looking for a new hotelier after Marriott dropped out.

    Sanders said the city's $11.1 million contribution was worthwhile because San Diego needed a bridge if it wanted to reopen the Park Boulevard pedestrian crossing that was closed for the ballpark. Also, the money is coming from downtown redevelopment taxes, which can't be used elsewhere in San Diego.


    “The project had to move forward,” Sanders said after the ceremony. “And the fact that the community wanted an iconic structure, and we worked with them, I think it makes it a good use of money.”

    Here's how the funding breaks down:

    $11.1 million from the city's downtown redevelopment district

    $6 million from a grant tied to a 2006 transportation state bond

    $4.9 million from Moores' company

    $2.8 million from the Federal Highway Administration

    $2 million from a state transportation program
     
  2. Boltjolt

    Boltjolt Well-Known Member

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    Interesting
     
  3. Ride The Lightning

    Ride The Lightning Join the Dark Side, we have cookies.

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    Wonderful. Waste more city money on the worthless Padres.
     

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