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Convention Center struggling due to economics (KTVK 3TV Phoenix)

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PHOENIX (AP) — On paper, the Phoenix Convention Center appears to be doing well after hosting a string of high-profile events including the NBA All-Star Game and President Barack Obama. However, the $600 million convention center is struggling to make payments on the bond debt it owes. The problem is fewer sales tax revenues are coming in to fund the center.

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Convention Center struggling due to economics (KTVK 3TV Phoenix)

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This entry was posted on Monday, February 8th, 2010 at 10:09 am and is filed under Business Long-Tail, Business Strategies. You can follow any responses to this entry through the RSS 2.0 feed. Responses are currently closed, but you can trackback from your own site.

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