Quote:
Originally Posted by heep223
So the CEO of the CMLC is actually saying that without an anchor tenant in West Village, not only are we going to need taxpayer dollars at the city level to develop it, but provincial and/or federal taxpayer dollars would be needed as well.
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Unless the Flames are paying normal property tax rates on property assessed over $1 billion that takes up only two city blocks, their project won't be the anchor tenant that The Bow is. The arena may actually take up space that may otherwise be used by such a development.