To bring this thread back from politics to development, one of the more noticeable affects of Measure S not passing that we may see is a slowdown in new proposals. A lot of proposals were fast tracked in order to get in line prior to Measure S passing, so now we should see more of a true, market-based control of development.
We already have what seems to be a record amount of construction downtown, so it will be interesting to see which projects break ground next, given that getting in front of Measure S is no longer a catalyst for rushing through the approvals process and breaking ground.
__________________
"Then each time Fleetwood would be not so much overcome by remorse as bedazzled at having been shown the secret backlands of wealth, and how sooner or later it depended on some act of murder, seldom limited to once."
Against the Day, Thomas Pynchon
|