Quote:
Originally Posted by GioforPM
Do you mean less residential availability? Maybe. The old 2010 plan called for a huge boulevard that would have been at least equal to an arena/entertainment area.
The attraction for me on the calgaryNEXT notion (flawed design concepts, financing aside) was getting the stadium/fieldhouse/arena. Once that's off the table, yeah, WV can be developed however the City wants. I think taxpayers will eat all of the cleanup costs and a large part of the development infrastructure costs.
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By development canibalization I mean the east village isn't completed because the west village is starting so neither reach their full potential and pay or their CRLs.
On CalgaryNext the problem is that the CRL is too small of an area to cover the city portion of Calgary next, the clean up, and the 300 million of infrastructure required. If you take out Calgary Next and instead have privately owned land it will pay taxes you are able to fund the infrastructure and the clean up.