Quote:
Originally Posted by cam_wmh
Kickstart billions in investment? From where?
What industry? Surely, not hospitality.
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billions of investment would add up real quick when looking at
- new residential development, jobs created, taxes paid
- hundreds of commercial spaces
- hotels
To live within walking distance of a brand new arena which sparks a surrounding entertainment district would mean millions each year in added residential taxes for the city.
I get that many don't want tax payers paying for this but I challenge you to find me another private investment which is the closest thing to a guarantee to put millions in the citys pocket each year that they would not have otherwise seen.
(of course we need the people to fill said establishments which comes with not being in a recession as proven in the past)