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Old Posted Apr 26, 2013, 8:13 PM
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KevinFromTexas KevinFromTexas is offline
Meh
 
Join Date: Jul 2001
Location: Austin,TX<-->Dripping Springs,TX<-->Birmingham, AL<-->Warm Springs,GA
Posts: 57,205
It seems like every idea that is thrown out there, though, is heavily contested by all the various types of contrarians in this city. And of course nothing is ever done quickly unless it's a sure thing that millions can be made by multiple parties. Of course, this is one of those situations where a lot of money could be made for the City of Austin and Travis County through property taxes from the newly created land. And it would give developers more developable land. I think eventually it'll happen. Developers, architects and engineers will have to push the issue, along with the City of Austin, realizing it would be a new source of property tax revenue. Downtown isn't infinite, and we also have the capitol view corridors which limit height and density. It's going to get to a point to where we have to ask, are we going to mow down neighborhoods like what happened for the Capitol complex and UT Campus 50 to 100 years ago, or are we going to stifle development and as a consequence, the economy? Historical preservation would also no doubt suffer and lose out since developers would snap up remaining low density properties and tear down historic buildings. But don't offer any of this as rational points for the argument of supporting this on say, the Statesman.com comments sections.
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