Sunday Edition June 17, 2018 BARTOW COUNTY’S ONLY DAILY NEWSPAPER $1.50 The LakePoint Effect while Cartersville-Bartow County Convention and Officials weigh in on economic Visitors Bureau Executive Director Ellen Archer impact of facility’s bankruptcy said local hotel revenue increased 64 percent be- tween 2013 and 2016 alone. BY JAMES SWIFT With eight LakePoint Sporting Community affil-
[email protected] iates filing for Chapter 11 bankruptcy June 11, how- ever, questions have arisen over how the financial Shortly after the $1 billion complex opened in wellbeing of LakePoint may — directly or indi- Emerson in 2014, it didn’t take county and munic- rectly — impact the financial wellbeing of Bartow ipal officials long to begin celebrating “the Lake- County in the future, particularly in terms of infra- Point effect.” structure development and tax revenue. According to some reports, the complex is adding Bartow County Commissioner Steve Taylor said RANDY PARKER/DTN almost $100 million in economic impacts to the re- the bankruptcy announcement earlier this week With a major resurfacing gion each year, with an especially palpable impact wasn’t unexpected. project set to begin in July, Department of Transportation JAMES SWIFT/DAILY TRIBUNE NEWS on local businesses. Over the last five years, Bartow “We’re not really surprised at all and we’re not County Administrator Peter Olson said food, bar officials anticipate daily I-75 County and city officials say LakePoint’s Chapter 11 filings will lane closures in Bartow for at and hotel revenue in the county is up 80 percent, SEE LAKEPOINT, PAGE 5A have little impact on the local economy.