The Casino not only beautifies the downtown area, but guarantees 4,000 permanent jobs.
Anyone that believes a "MARKET", or an "AQUARIUM"; could do more for New Bedford is not very informed on economics !!! The KG Project is outstanding. It will totally bring life back to the downtown, increase the the tax base income by mountains, and could also help all the small local downtown businesses that are starving at this point and can't hold onto a "DREAM' if the politicians don't get moving. This is a golden opportunity for New Bedford to make a glorious comeback and draw the tourists back. Keep sitting on your hands and contemplate small ideas; and you certainly will be the looser....
I believe a market or aquarium would do more for New Bedford in terms of livability (everyone forgets, the aquarium exists, just in a smaller form on Union Street-- the Ocean Explorium) and aesthetics. I think that for prospective residents (and even some general tourists), those things are far more attractive than a casino. Furthermore, the casino will bring a negative aspect that those other attractions wouldn't bring. Most people consider a market or an aquarium a positive thing to live around while casinos have a negative stigma that's far from unfounded.
I don't know that the Casino "beautifies" the downtown area either. It cleans up and revitalizes a stretch of harbor south of the downtown area. Aesthetically, it does little for the downtown area other than offer a view of the two towers (something I assume historic district residents won't be too fond of). What it DOES do is clean up an area and bring life to an area that is currently largely unused.
Personally, I haven't been thrilled with the idea of casinos. You are correct to point out that they do have an apparent immediate economic boost (i.e. taxable revenue), but Ron pointed out that they often take away from local businesses. The other casino proposal for the Hicks-Logan area (along I-195 north of downtown) terrifies me because of these reasons. It is planned to be a self-contained resort casino. It's like a city within a city. Furthermore, it's between downtown and the primary traffic source (I-195) which means that no one will travel into town to get to the casino. It essentially cuts off traffic from downtown New Bedford. Finally, it makes no effort to ingrain itself into the urban fabric of the area (including downtown) which means that it will draw AWAY from the city center and not enhance it.
This proposal doesn't do that. It's not the typical walled off resort. It looks like every effort was taken to have this proposal blend into the city's urban fabric. There are connections to downtown (it's RIGHT next door) and the waterfront. It's south of downtown which means traffic and people will have to travel through the center of the city to get to the casino which means more exposure for local businesses. It really appears that this developer wants something a little different than the prototypical resort casino and the renderings show a significant effort to blend the resort into the existing fabric of the city.
I don't see New Bedford following the footsteps of Atlantic City. If built, this would be the only game in town. New Bedford would hardly resemble the strip of casinos and boardwalk that exists in New Jersey. Furthermore, the Whaling District and historic downtown area are established already. Sure, I wouldn't say that they're "booming" (although they're steadily growing in popularity for tourists, residents and businesses), but they're doing well enough. This market won't change for the worse with the addition of the casino, it's already there. It can only benefit from the added traffic flow. The existence of a functioning historic core is something else that Atlantic City doesn't have. It's built around the casinos... This casino proposal is tailored to New Bedford, not the other way around.
Tying the resort into New Bedford's historic center also benefits the developer. Casinos are popping up in a lot of places. This site is further from New York and the mid-Atlantic than Foxwoods or Mohegan. These guys need something extra to draw people into their resort. Having it located adjacent to a picturesque historic seaside New England city center (with ferry service to Martha's Vineyard, and HOPEFULLY rail to Boston) is a huge selling point. I know, I know, it's New Bedford, but the marketing team will advertise it as something like Newport (which NB isn't and never will be) in order to hook people into it. I think if this comes as advertised, it can be hugely successful for both the city and the developer.
I would still prefer the $50+ Million renovation of the plant as a shipping center. The city will find out if they received that money in January. New Bedford grew by 30% as a cargo port over the past year, and continuing that growth can do more for the city's economy than any casino could. However, if that money isn't granted, the Cannon Street Station proposal looks to be a solid back up (if legislation passes, of course).
Markets are wonderful, but I think one would fail at this site (too large and a bit out of the way). I'd like to see a local produce market (seafood as well as locally farmed produce and wine, etc) somewhere downtown (like Wings Court, or Herman Melville Square) on a regular basis before dedicated indoor space is given up for that purpose. Unfortunately, I think the Bourne Counting House would have been a perfect location for a market on the first level, but it was renovated into office/retail space instead ( a good renovation).
Anyway, I like this proposal. I still prefer other means of renovating this site, but if the shipping grants don't end up in NB, I think this casino location would be great for the city. It's too close and too tied into downtown for it not to help. It certainly wouldn't have a negative impact on businesses there.