Quote:
Originally Posted by gardensoul
The Waller Creek tunnel is most definitely a flood diversion project. It has taken about a dozen square blocks of downtown out of the floodplain and has opened them up for much more intense development. This represents a huge return on investment for the City because of the increased revenues from property taxes. The water pumping is a plus - certainly a nice addition to the project, but the tunnel would never have been built for that purpose alone.
|
Exactly. The water pumping should at best be seen as an ancillary incentive to developers to develop this portion of downtown in a sort-of "community vibrancy" mentality. The main purpose has and will always be to remove a significant portion of land from the floodplain.