Your
"idea" to sell Cobo Center appears to lack the thoughtful study that
usually goes into so much of what makes Crain's Detroit Business
a great publication ["Opinion: New mayor should privatize Cobo Center,"
November 19, 2001.
Discussion
of cost without return measures is meaningless — and gratuitously
inflammatory: We could all reduce our costs to zero by simply doing
nothing. And with that investment, of course, we would achieve nothing.
Further,
if Cobo "were privatized or sold," how do you know that the city would
reap the same benefits as today? Our convention center as it stands is a
powerful marketing medium not just for Detroit, but for the state as a
whole. Divested of this, we forfeit control of our message, our ability
to position ourselves, and an important mechanism for channeling
strategically-targeted decision makers to experience southeast Michigan.
At a time
when all travel has been curtailed and communication noise levels are
skyrocketing, your ad hoc recommendation could dis-integrate
vital promotional continuity advocating Detroit commerce at its center
and to the surrounding communities to which it inevitably radiates.
Let's make
sure the total economic impact is understood before suggesting radical
changes like this.