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Is tax increment financing an easy fix for financing project development?

The Water Island project development demonstrates the need for heightened transparency in government-funded projects. The increased attention and questions surrounding the five-star hotel development and associated facilities on Water Island demonstrates the need for analysis and transparency for all public projects, and private/public projects in particular. The development has been in the planning stages since…

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Cruise Tourism and the Destination; Reconciling Divergent Realities

For many port communities, large-scale cruise tourism plays an outsized role in the local economy. Impressively large cruise ships—some delivering more than four thousand five hundred tourists at a time—dominate waterfronts, skylines, and communities, from Greece to the Caribbean islands. These numbers and their influence are hard to ignore. A 2013 Report produced for the…

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