Quote:
Originally Posted by Bdog
My goodness, this mentality is just depressing. A homegrown, tech company is looking to invest tens of millions in new office space downtown on the edges of the exchange. This company would keep and bring over 2000 well-paying jobs downtown, most of those jobs held by a young demographic with disposable income. Demand for restaurants, housing and services in the area would continue to increase. Amazingly, this is proposed on a vacant lot that's been used for decades as PARKING, and not a single building would be demolished.
What's our response?
Not tall enough.
Logo won't look good from CMHR.
They might go bankrupt.
Hope we don't give them a cent.
Tech companies aren't profitable.
Some random parking lot I know of downtown is better for this.
201 Portage lost a few tenants, put them there.
Are they even really a tech company?
Very bad look when families take a CMHR selfie.
Skip is for lazy suburbanites anyways.
 
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That's a pretty good synopsis
But there's nothing wrong with expressing reservations. I think it's prudent to be cautious with these sorts of things.
Ultimately I think I can get behind the City selling parcel 4 for a buck if it means a big tech development and lots of jobs materializing. I'm sure there will be enough strings attached to ensure that the City is covered in case the company falls apart or otherwise fails to get the project built.
If nothing else, this plan surely beats the pants off the Canalta hotel that was once pitched for that site.