Business View Magazine - April 2016 49
that we’d done about $100 million worth of improve-
ments in the city.”
“For example,” he continues, “we have a family that is
building a conservatory on the site of the Riverwalk,
so we’ve got to coordinate with them so that all of that
gets together well – the city’s $7 million investment
and the family’s $5-8 million investment. And we re-
cently had a group of young people come to us and
say they wanted to build a park with some water fea-
tures, downtown, with money raised from the commu-
nity. And it will be tied into our Citywalk. That’s another
example of how we’re going to parlay our $40 million
investment into, we hope, $100 million.”
According to Wright, the full build-out time span for
all these ventures is probably in the neighborhood of
five years. But right now, he says, “it’s a matter of get-
ting the designs so we can get quotes. And of course,
we’ve got to get soil borings; we have to tell the bid-
ders what they are looking at in terms of scope of work