Treasure Island is being slowly strangled by the inability to redevelop its aging tourism properties. Many of the properties are in dire need of updating, and their condition drags down other better properties by forcing them to compete, while dragging down the community as a whole.
Just a paint job is not going to fix the problems facing the island’s commercial zone. These worn-out and outdated tourist dwellings need to be replaced with modern tourism units with amenities desired by today’s travelers, who have higher standards and expectations.
Under current regulations, that is impossible. Sadly, if nothing is done, these once profitable mid-century properties will become blighted, derelict ghosts of the past.