$385-million later, a new Clearwater core - 2007-09-10

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F15.png $385-million later, a new Clearwater core September 10, 2007, Mike Donila, Business, St. Petersburg Times

It's a dramatic turnaround for an area that has been in a free fall since the mid 1970s, when the Church of Scientology arrived and secretly bought downtown's biggest hotel, then started gobbling up properties nearby.

In all, about $385-million in public and private sector investment is pouring into downtown Clearwater. After fits and starts, the city is attracting believers with deep pockets, ones willing to make plays where others - including Clearwater voters - previously saw too much risk.


{{cite news | first = Mike | last = Donila | title = $385-million later, a new Clearwater core | url = http://www.sptimes.com/2007/09/10/Business/385_million_later__a_.shtml | work = Business | publisher = St. Petersburg Times | date = September 10, 2007 | accessdate = January 14, 2017 }}