Quote:
Originally Posted by powderjunkie
This. Wonder how they roped Brett Wilson into pumping the project's tires in crappy youtube videos right away? (Hint - he's involved in real estate). It's a lot like building a ski resort - the resort operation may or may not break even, but the real-estate around it makes the big money.
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What is also lost on most people is the west end needs something that will draw people in. The district has been a dump for as long as I can remember, which is back to the Alberta Wheat Pool building being the tallest building in the city. With the contamination it will require a lot of work, which is why it has been vacant for 50 years. A public works project is going to have to drive the cleanup and revitalization of this area as no one has stepped up and bothered with it in that time. People can talk about valuable the land is, but if it had the value people are suggesting someone would have jumped in an ate the cleanup cost. The best way to generate the development around this district is to establish an anchor that will draw people consistently to area. This is what this plan proposes. Cry all you want about bad renderings and poor presentation, but it is a high concept at the moment. As a concept I like where they are going. I see great value to Calgary and an opportunity to finally get the west end development kicked off.