City of Norfolk:
“A go-go bar, a Hell’s Angels clubhouse and decaying, empty
buildings aren’t what the city envisioned for the Granby Street corridor from
downtown to Park Place. But that’s almost what it was stuck with because of
illegal financial maneuvers between two former top executives at Bank of the
Commonwealth and so-called ‘friends of the bank,’ who received millions in
loans for those buildings, only to leave most of them rotting. The buildings
have now been freed up and are being redeveloped – another boost for a corridor
that’s been a focus of Norfolk’s revitalization efforts over the past few
decades.”
~Writes Tim McGlone of The
Virginia Pilot
No comments:
Post a Comment