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News: Hilton hurting, no money for bridge, but other news good for Vancouver's downtown

Friday, December 19 | 11:36 a.m.

COURTNEY SHERWOOD

Some news today that I'd like to point out.

First: The city-owned Hilton Vancovuer Washington is falling 13 percent short of its revenue budget projection this year, Jeff Mize reports. That's not as bad as the 20 percent to 25 percent that hotels are experiencing nationally, but its still a hit, one that leaves the city still subsidizing the project.

Second: Meanwhile, the governor's budget has no money for an I-5 bridge, but $3.1 million for downtown Vancouver waterfront development, Mize also reports. Maybe president-elect Barack Obama's big infrastructure push will come with bridge funds. Or maybe it won't.

In other downtown news, today's the last day The Columbian will occupy the building that the newspaper moved into in late January. Financial troubles are forcing the paper's retreat to its old headquarters, Julia Anderson reports.



   
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