Quote:
Originally Posted by Crisis
On what do you base that comment?
Tax deferral for a set period of time? The same type of tax break that most new developments receive? The same type of tax relief that most businesses opening up in a new city will receive?
If North Prairie is receiving some preferential treatment regarding tax breaks, please share.
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By the City's own documents, we know employment sprawl is taxpayer subsidized. Stonebridge didn't pay for itself and required muncipal tax dollars to be built. While there's talk of changing that for future suburbs, as it stands now every new suburb requires subsidy.
In addition, the employment sprawl will have a higher percentage of people driving than a similar sized development downtown. We know the tax dollars required for one driver is higher than for one bus rider which is higher than for one cyclists which is higher than one pedestrian.
We desperately need to be getting people out of cars as it is bleeding us dry. A development like this will increase the percentage of people driving and will require more government money than if built downtown.
There's also the issue that it will struggle to attract business from outside Saskatchewan. Large firms almost always relocate downtown and not in the suburbs. While this is nice for local demand, it fails to make Saskatoon an attractive market for new business.
For those in Stonebridge it is close, but it's naive to think any substantial percentage of the employees will be from Stonebridge. If you live in Evergreen or Lawson Heights or City Park it's an absolute nightmare to get to. And adequate transit to Stonebridge from other neighbourhoods is non-existent.
It furthers sprawls, furthers dependence on the automobile, and does it all at greater taxpayer expense than a similar development downtown.
I understand its what "the market wants", but when the market isn't paying the true cost they'll always gravitate towards what is cheapest. Regina requires 80% of its office development to be downtown. Most major metropolitan areas have a percentage requirement downtown. And it's because they all know the massive cost of suburban development that is picked up by taxpayers.