Posted Sep 7, 2023, 12:34 AM
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Join Date: Mar 2006
Posts: 8,808
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As a wise commenter on that story noted, the entire Cogswell project was sold to Council by Mason and his like-minded friends on the basis that selling off the lands for development would generate the funds required to build the downtown nirvana of bike lanes, roundabouts and parks because the property was so valuable. Building subsidized housing and a bigger Turning Point shelter there would not only devalue the properties significantly but also require tax dollars tossed into the pot to make happen, thereby destroying any business case for this.
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