Dead Tree Media offers this update on the progress (or lack thereof) on an upcoming supermarket in the urban core and an ongoing attempt of politicos to pretend that they know better than market forces or entrepreneurs. Meanwhile, many aren't sold on the face that mimicking JoCo prosperity (with taxpayer dollars) is the best thing for part of town and possibly a food co-op or other market based solutions might be a better fit . . . Linwood Shopping Center redevelopment inches forward
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- The Management
“We want to create an oasis,” he said.
ReplyDeleteIf it was such a great area for an oasis to begin with, the existing place wouldn't look like a dump. Another 11 plus million TIF screwing for the taxpayers to get hung with.
An Oasis that I will never shop at. Even when it was open I never shopped there. There are many other, cleaner, safer places to shop. I plan to continue my normal shopping habbits.
DeleteOne word: Amazon.
ReplyDeleteWasn't this built with taxpayer funds not too many years ago? Trashed out and now reopened with a bunch more taxpayer funds.
ReplyDeleteGreat idea. Pretend that THIS time if the taxpayers cough up a bunch of cash for a grocery store in the ghetto, that blacks will act normal, shop there, NOT rape murder and rob your grandma in the aisles.
ReplyDeleteSure, then lets cough up some cash for a Nigerian Prince to get his money out of the bank.
Yes, it was 7:24.
ReplyDeleteWhen I lived in midtown in 1986 a nice supermarket was was built on that site.
It was trashed, shoplifted and robbed into oblivion within 2 years.
The same thing will happen here.
There are two (and only two) options:
ReplyDelete1. Let the market decide where viable development can occur, and based upon viability, finance the project themselves. Sure, there are times when a LITTLE taxpayer help on the front end makes things more workable (I'd rather see TIF here than for the new Burns & Mac headquarters on Ward Parkway), but by and large, development should be driven by feasibility.
2. Decide that it's the role of government to play amateur developer and shoulder most (if not all) of the cost in order to achieve some social goal. Be prepared if you follow this path, however, to be on the hook for the indefinite future, as these deals rarely succeed as promised or allow government an easy way out.
This deal falls squarely in the second camp. The City isn't just coughing up TIF to assist in infrastructure costs, the are playing the role of primary developer and owner of the deal, and will be spending millions long after the project is completed in the never-ending quest to try and make it a success.
Democrat neighbors want to see a mall for crack dealers, along with various bays for whores, and a large,walled-in space , with bullet proof glass, for watching gang fights.
ReplyDeleteHope this works better than when the City thought it was a good idea to get into the parking garage business. The Populous parking garage appears to has been closed & sitting empty.
ReplyDeletePearls on Prospect... Silicon Prairie. ROTFLMAO
ReplyDelete