Quote:
Originally Posted by GioforPM
Well, the city (especially the mayor) has placed an emphasis in trying to move population inward, and, more specifically, in that area. I do suspect a lot of businesses would set up there that wouldn't in any old area. Suburban areas aren't as attractive for restaurant/bars, etc.
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But there won't be any additional population due to the arena... there won't be additional people requiring a place to live because the Saddledome gets replaced (so the residential market is unchanged). Likewise people aren't going to set their money on fire if they can't spend it two blocks away from the Saddledome... that's $ that they'd just spend elsewhere (so again it isn't generating additional income city wide it's just moving it around).
If I take $2.00 out of my right pocket and put it in my left pocket I'm not $2.00 richer.