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Sunday, November 08, 2015

Aurora Mayor Tom Weisner's Reverse Economic Development Continues With Cosmopolitan Store Fail



The failure of the strange Cosmopolitan store on Aurora's west side isn't a surprise to anyone with economic common sense, given its "tax free" scheme or what appeared to be more like money laundering than money generating.

The bigger question is why the City of Aurora and corrupt Mayor Tom Weisner wasted any taxpayer time and resources on the scheme.

The store, on the site of the former Lowe's, is yet another example of the reverse economic development in Aurora by Weisner and his incompetent staff.

12 comments:

Anonymous said...

When it was being talked about at first I thought it sounded pretty interesting. I was looking forward to checking it out -- but then I never did. Guess I'm just an old stick-in-the-mud, or just to lazy to go try something new. It's a shame it didn't make it, because it'll end up hurting the city. I wonder which would be a harder hit to the city: giving this place tax breaks and then it goes belly up, OR not helping this place and having the property sit vacant for another year or two?

Anonymous said...

Irrelevant. Now that the place is vacant, the City needs to work with the owner immediately and secure a quality user. The building's located at a great corner and we pay the City Staff good money to overcome challenges like this. Either get it done or let's re-negotiate some +$100,000 salaries.

Anonymous said...

This market was an amusing novelty where one could shop for limited items, but hardly a quality user. Perhaps it would have been well received on the outskirts of Bucharest, but not here. Let's get over the embarrassment already as people are chuckling up and down the valley.

Aaron said...

Back in Jan or Feb K.Matthews was running in the 5th and stopped by my house. I asked him about the market going in and he explained in a lot of detail why it would fail. Stuff about income, home prices, taxes and disposable income. Turns out he was right. All I an say is next time around maybe people should elect someone who actually knows something about business. So how long do you think the restaurant going in where Colonial Drugs use to be will last?

Anonymous said...

A replacement that is not some strange and weird operation is needed. Let's see Aurora seize that future, if the people working there know how to do that.

Anonymous said...

What buffoonery we've seen associated with restaurant row. So far in this redevelopment fiasco, we've almost kinda landed the Billy Goat Tavern, laid out the welcome mat for a farm to table restaurant that couldn't obtain bank financing, set up a fairytale development agreement for a building owned by a mayoral candidate, seen a BBQ restaurant last ten minutes, heard about some gelato and sorbet parlor that never lifted a scoop, listened to boasting about an American bar in a still-empty tenant space, read about plans for a local pizza banquet center that never got to square one and, finally, watched a Brazilian cafe struggle for six months while its owners trudged through the City's quagmire to obtain a liquor license. At least there's now a gastropub in the former space for Amaury's. What will be the City's next act in this on-going show? An announcement that a retro Playboy Club is "all set to go" for the upper floors?

Will Aurora be approaching "Cosmo Chango" with an equal level of know how?

Anonymous said...

Maybe another homeless shelter or food pantry

Anonymous said...

Maybe a new Planned Parenthood west branch, since the mayor took campaign money from them before.

Anonymous said...

A cigar and martini lounge exclusively for retired government executive employees. Retired Park District Directors supply the cigars and liquor with no public financial assistance whatsoever. Now that kind of place would make it!

Anonymous said...

A mega pawn shop. Gotta set the bar pretty low for those muttonheads that work for the City.

Anonymous said...

That store seemed like a money laundering racket or front for something. Otherwise, it made no sense

Anonymous said...

Aurora is a sanctuary city so bring in more refugees