Link: http://www.dallasobserver.com/Issues/2006-02-09/news/schutze_1.html

Why, it's another one of those mighty weird "hurry up and sign now or you lose out" deals involving Reunion Arena, some other land, a bunch of developers who don't have financing (but we're really close, honest), and...gambling.
Also in the mix is a requirement for...yep, you guessed it, Some City of Dallas Money.
Jeez, I can smell the fragrant odor of deals like this from where I live, which is the other side of Texas Stadium. Contacted for comment, one developer, Michael Anderson of Chavez Properties, summed it up very neatly:

I always get in a three-point stance when people tell me that it's very, very complicated and that it must be done very, very quickly," Anderson said. "When they say it's complicated and it has to be done fast, it's been my history that I usually don't have time or energy for those deals, because they usually don't pan.

I used to wonder why Dallas City Council had such a bad reputation, back in the days of Ron Kirk (the same Ron Kirk whose cheerleader speech at a Fair Park Olympic booster event I attended could have won the competition for the World's Best Cure for Insomnia). Now I understand only too well why the council has a bad reputation. It appears to be largely populated by sectarian doofuses. I guess the good news is that the more Dallas screws up, the better the surrounding cities look. So far the only recent good news in Dallas is that the council did not fall for the "New Cowboys Stadium" pitch by Jerry Jones, leaving Arlington to prove that, when it comes to being suckered by sports franchise owners, once is never enough.