Quote:
Originally Posted by CliffFletcher
The city would make a lot more revenue long-term, and improve the city's population density, if the West Village were developed for mixed residential-commercial rather than an arena and stadium.
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Incorrect - you can't really make this statement based on currently available information. The West Village ARP calls for residential with supportive retail uses. Tax revenue from residential development is lower than from commercial property. Also, there is so much available density in the Beltline that it will take years before the West Village becomes an attractive development node, which means the lands will sit underutilized and will not generate significant tax revenue for years.
Locating an arena/stadium in the area will change the focus of development and make the area attractive to higher value retail, hotel, and even office projects. With the right density mix, the West Village could be more valuable to the City with an entertainment facility located there than as a purely residential district.