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Las Colinas Group Announces New Website for Irving Entertainment Center
Site Will Focus on City Wide Benefits and Opportunities
IRVING, Texas, April 23, 2012 /PRNewswire/ -- A new website, http://www.forirvingsfuture.com , launched today to provide Irving residents with updated information on the planned Irving Entertainment Center (IEC) project. The IEC was approved by 66% of Irving voters along with the proposal to build the current Irving Convention Center.
"The strategic plan that voters adopted hasn't changed," said David Margulies, of Margulies Communications Group, spokesperson for the Las Colinas Group. "In fact, the problem of a sharp multi-billion dollar decline in business property values and high vacancy rates in the Urban Center office buildings remains unchanged."
"We are working closely with members of the news media to provide updated information on the process to get this project underway," said Margulies "We want to reemphasize that the IEC is part of a larger strategy that will have a positive impact on the entire community. The IEC has always been part of a larger strategic plan to keep Irving competitive and increase property tax values."
"We hope residents will take the opportunity to read the complete economic impact study produced by two noted economists, Bernard L. Weinstein and Terry L. Clower," said Margulies. "It provides important information that explains how the success of the IEC can be a catalyst for lowering property taxes throughout the community."
The site will include copies of informational ads placed in the Irving Rambler as well as other information of interest to Irving residents.
"The website is not designed to generate interest from investors," said Margulies. "Investors for the IEC have been identified and are ready to sign on the dotted line once the city's bonds are rated. There have been some bumps in the road but those issues have been resolved and the IEC is much closer to becoming a reality than ever before."
About the Irving Entertainment Center
The Irving Entertainment Center (IEC) was approved by a 66 percent vote as part of a complex that included the Irving Convention Center. Economists report that the IEC will produce sizable economic and fiscal benefits for the City of Irving. The construction of the project will generate $400 million in economic activity, create more than 2,700 jobs, increase tax revenues, reverse the decline in property values and vacancies in the Las Colinas Urban Center, and spur new development. The annual economic impact of the IEC will generate $300 million/year and 4,000 jobs. The IEC will include a seating- and stage-flexible theater than can accommodate up to 8,000 people plus 16 themed restaurants and nightlife venues enhancing the attractiveness of the Las Colinas Urban Center as a place to live, work, and play. For more information about the IEC visit http://www.forirvingsfuture.com.
SOURCE Margulies Communications Group
Margulies Communications Group
CONTACT: David Margulies of Margulies Communications Group, +1-214-368-0909
Web Site: http://www.forirvingsfuture.com
Las Colinas Group Announces New Website for Irving Entertainment Center
Site Will Focus on City Wide Benefits and Opportunities
IRVING, Texas, April 23, 2012 /PRNewswire/ -- A new website, http://www.forirvingsfuture.com , launched today to provide Irving residents with updated information on the planned Irving Entertainment Center (IEC) project. The IEC was approved by 66% of Irving voters along with the proposal to build the current Irving Convention Center.
"The strategic plan that voters adopted hasn't changed," said David Margulies, of Margulies Communications Group, spokesperson for the Las Colinas Group. "In fact, the problem of a sharp multi-billion dollar decline in business property values and high vacancy rates in the Urban Center office buildings remains unchanged."
"We are working closely with members of the news media to provide updated information on the process to get this project underway," said Margulies "We want to reemphasize that the IEC is part of a larger strategy that will have a positive impact on the entire community. The IEC has always been part of a larger strategic plan to keep Irving competitive and increase property tax values."
"We hope residents will take the opportunity to read the complete economic impact study produced by two noted economists, Bernard L. Weinstein and Terry L. Clower," said Margulies. "It provides important information that explains how the success of the IEC can be a catalyst for lowering property taxes throughout the community."
The site will include copies of informational ads placed in the Irving Rambler as well as other information of interest to Irving residents.
"The website is not designed to generate interest from investors," said Margulies. "Investors for the IEC have been identified and are ready to sign on the dotted line once the city's bonds are rated. There have been some bumps in the road but those issues have been resolved and the IEC is much closer to becoming a reality than ever before."
About the Irving Entertainment Center
The Irving Entertainment Center (IEC) was approved by a 66 percent vote as part of a complex that included the Irving Convention Center. Economists report that the IEC will produce sizable economic and fiscal benefits for the City of Irving. The construction of the project will generate $400 million in economic activity, create more than 2,700 jobs, increase tax revenues, reverse the decline in property values and vacancies in the Las Colinas Urban Center, and spur new development. The annual economic impact of the IEC will generate $300 million/year and 4,000 jobs. The IEC will include a seating- and stage-flexible theater than can accommodate up to 8,000 people plus 16 themed restaurants and nightlife venues enhancing the attractiveness of the Las Colinas Urban Center as a place to live, work, and play. For more information about the IEC visit http://www.forirvingsfuture.com.
SOURCE Margulies Communications Group
Margulies Communications Group
CONTACT: David Margulies of Margulies Communications Group, +1-214-368-0909
Web Site: http://www.forirvingsfuture.com