Quote:
Originally Posted by kevinbottawa
I've stated why I prefer the OSEG plan in the past. Now seeing the pictures, unfortunately there's nothing appealing about this plan. It's not in the best interest of the city and it's the status quo. It bothers me seeing drawings of a stadium with World Cup 2014 written on the picture, hearing about the CFL playing at the NBBJ-designed stadium, and being told it's a given that the courts will reopen the RFP process. So many assumptions. Before I simply disagreed but now I'm completely turned off.
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The over riding concern over Lansdowne is to seek a working balance between development, history, heritage, tradition and best bang for the buck.
Can towers and high density be successful at Lansdowne? Possibly.
Can those items be located elsewhere? Definitely.
Are there better financial models to examine at Lansdowne? Without doubt yes!
Are placing towers and high density at Lansdowne the best use of this special site in our Nation's Capital?
Now that is the question that needs to be carefully answered.
Our position is that this special site deserves something unique, and that means precluding towers, private homes and large ten story commercial structures.
We are proposing 110,000 sq/ft of mixed retail/restaurants/pubs, or about 1/3 the proposed retail mix of the developer bid (and 1/5th overall).
Bottom line for the taxpayer is a self financing model with no taxpayer cost under the Conservancy (all site revenue surplus pays off the investment) as compared to $403M cost to the taxpayer or, pardon the term, "corporate welfare" under the developer model.
The main objective of the Conservancy is to demonstrate the high yield not only financially but to tourism and overall quality of life with the philosophy of our approach, essentially cultural economics.
Preserving the heritage and traditions of the site and keeping the 150 year public trust for the benefit of the next generations we believe is a very worthwhile and profitable pursuit.