What could go wrong — stated plainly
An honest plan names its own risks so the community can judge both the strategy and the discipline required to carry it out.
These risks are the reason the plan recommends phased commitments, written public-benefit agreements, feasibility studies before major projects, and demonstrated operating revenue before construction.
- Public debt and overextension if capital projects outpace verified operating revenue.
- Long-term maintenance costs that exceed annual budgets when new improvements are built without maintenance funding.
- Grant-funded construction without budgeted operation and maintenance, leaving assets the city cannot sustain.
- Failed megaproject risk — large single bets that can weaken, rather than strengthen, the city's finances.
- Overreliance on tourism or any single industry, leaving the economy exposed to downturns.
- Displacement of existing residents and businesses if corridor and downtown investment is not paired with protections.
- Weak interagency coordination, causing initiative fatigue and stalled projects.
- Incentives that transfer public value to private interests without enforceable public returns.
- Perceptions of crime and disorder deterring investment faster than improvements attract it.
- Regional economic downturns affecting retail, healthcare demand, and visitor spending beyond local control.