Quote:
Originally Posted by Cappy
There is just no evidence that development would be greater with the arena, than it would be without. It's already well understood in City Hall that once East Village is sustainable the WV is the next area to focus. Development will come without the arena
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Yes, because there has been so much development on that land in the last 30 years. Prime waterfront property, with close proximity to downtown and Kensington, has not had anyone step up and develop that land. This is actually a very good incentive for business to go in and develop it. Without those two major buildings there, drawing people into that area on a consistent basis, why would anyone want to foot the cost of a risky and expensive development?