Apr 2, 2007
The Westin Bonaventure hotel in downtown Los Angeles filed a law suit against the Grand Avenue project, a massive two-billion dollar, 3.6 million-square-foot development planned right next door. Among other things, the Bonaventure suit charges that all the subsidies short-change the L.A. schools and community colleges of 25 million dollars over eight years.
Isn’t it amazing that a big company shows such “selfless” concern about the schools! Not quite. Included in the Grand Avenue project will be a brand new five-star hotel, which is slated to get 66 million dollars in subsidies. The Bonaventure is obviously just trying to stop its competition.
Of course, the Bonaventure, which was built in the 1970s, got plenty of subsidies when it was built, money that most certainly also should have been spent on the schools and the students. But the Bonaventue sure didn’t complain about those subsidies.