Samuel Gutierrez+Follow$2B Ritz collapse: Jobs lost, dreams stalledA $2 billion Ritz-branded resort that was supposed to put Texas and Arizona on the luxury map has instead left 2,000 workers jobless and communities staring at frozen cranes and unfinished villas. The collapse didn’t just halt construction—it’s a gut punch for families, small businesses, and city budgets that counted on the project’s promise. It’s wild how quickly a high-profile development can unravel when costs soar and lenders pull back. Do you think cities should take a harder look before backing mega-projects like this? How do we balance ambition with real community risk? #Business #RitzCollapse #Texas00Share
