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Speakers say event center momentum helped attract new hotel and investment to Argenta
Summary
City and private speakers linked the event center’s opening to hotel development and broader private investment in Argenta, saying the public investment signaled confidence to other investors.
Speakers at the opening described the event center as a catalyst for nearby development, including a new Aloft hotel by Conway Management. A speaker said, "The momentum that the event center created is the reason why we built the hotel here," and credited that momentum with encouraging other private investment in Argenta.
City representatives framed public investment as a signal to private investors: "When we, the city, invest, then we tell other investors that we believe in our community," a speaker said, adding that the result is contagious private-sector activity that supports restaurants, hotels and related businesses in the district.
