Quote:
Originally Posted by Wolf13
Exactly.
However, the high interest in this property should indicate some value for its history in the eyes of any potential developer... or maybe evereyone else snapped up the other lots.
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This is a great project in a great location. A very rationally designed project with a great outcome. I see nothing wrong in this case providing the site for free and freezing the increased taxation for 15 years to achieve this out come. The Pumphouse has been reutilized and 2 parking lots will create housing in a very inovative way...
The tax credit is vital to attract this type of development and costs the city nothing...
No credit, no more development ...
The price of construction of a small unique project like this huge...
Now back to an Alexander Dock solution...