Quote:
Originally Posted by Cappy
It's not reaching at all. Look at all the studies mentioned in these threads. they all say the same thing.
Of course it could be an arena, but why should taxpayers put in over 400 million to make a estimated catalyst when the same thing could be done with far less. Opportunity cost is the issue here more than anything.
The catalyst needed is the infrastructure to be built in the area. That will come when the city determines the area is needed. Its not needed right now.
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What does 'not needed' even mean? Developing WV would be great for the city.
And saying development will come when the infrastructure comes is disingenuous and not based on anything. There is a massive headwind to developing the area. No development will come until a large enough catalyst emerges that can bridge the problem of getting the cleanup financed.
The city will not do this itself. The economics don't make sense for residential towers to pay for the cleanup. And governments aren't going to do it on behalf of residential developers.
Simply arguing 'it'll happen on its own' is ignoring the issues.
But we're just rehashing the same arguments that have been covered in this thread dozens of times already, so that's enough for me.