Quote:
Originally Posted by powderjunkie
The only reason it's a 'poor area' is the creosote. As you say it's an amazing location and has huge potential for tax revenue generation in the future.
It's probably presently generating as much (or more) direct revenue from the dealerships than they would from Cnext (as proposed). The surrounding real estate grift for CSEC would've been even better for them, though.
|
When the city took over ownership of the west end they agreed to clean up the creosote problem. I have lived in Calgary since 1975 and nothing has been done, the land is valueless unless the city does it's job and has exactly zero tax revenue posibility. CSEC was basically forcing the issue and the city used every excuse to make sure it didn't happen so that they would never have to address the creosote problem.