Not only will the Power & Light District cost the city and taxpayers millions in subsidies to pay off bonds issued to pay for it, further financial hits are being taken by other parts of the city and businesses. Take the Plaza and Westport nightclubs and restaurant that have closed, are poised to or have suffered sharp business drop offs since P&L’s opening.
Tax paying – as opposed to taxpayer subsidized – businesses.
It all hit home Sunday as former Westport businessman Jeff Glazer gazed into the window of Kelly’s Westport Inn.
“I was looking in Kelly’s window when Kyle Kelly came by and we were reminiscing about Westport,” Glazer says. “I haden’t seen him in four or five years and I said, ‘How are things going in Westport?’ And he said, ‘It’s been very slowe since the Power & Light District opened.”