Colorado Springs was the only applicant for RTA tax incentives this year. Last year, six municipalities applied for the rebates, but only two -- Aurora and Pueblo -- were chosen. Aurora's project, the controversial 1,500-room Gaylord hotel, was awarded the most: $81.4 million over thirty years -- less than the state granted Colorado Springs. But almost immediately, the hotel project began experiencing problems. The city of Aurora is now suing a group of eleven hotels who had earlier sued to stop the Gaylord hotel from being developed.
Last year's RTA losers included the city of Glendale, which is moving forward anyway with its plan to develop a $400 million riverwalk along the banks of Cherry Creek.
Will the Colorado Springs project -- dubbed City for Champions -- fare better than Aurora's? Read the state's recommendations below and decide for yourself.
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