Quote:
Originally Posted by arkhitektor
I agree that these blocks are currently underutilized, but whether they're used for a concert hall, museum and convention center or an "entertainment district" these are two of the most centrally located and lucrative pieces of land in the entire state. They belong to the people of Salt Lake county currently. Why should we demolish the public buildings that sit on them and give control of the land to a private developer for nothing? ...it's actually less than nothing, though, since the taxpayers in SLC will have to pay additional sales taxes for the privilege of giving away public land.
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You're looking at wrong. you're looking at purely on the basis of tax revenue and subsidies and ignoring all the benefits/costs of what is actually built there.
I don't agree that we are "getting nothing." We are getting those blocks back. Right now they are sitting under the convention center. After they are developed, we will be able to walk around, shop, eat at the restaurants and bars, enjoy the nightlife and celebrate when our teams win playoff games. And I haven't gotten to all the benefits the city will receive from additional foot traffic downtown, walking around the other city blocks and frequenting the restaurants, bars, nightclubs etc. In addition to the simple fact that City Creek and Main street will finally be connected to the west side.
Right now, we have a large convention center that acts as a wall in the middle of downtown. But at least it's ours right? It's public so that means we all own it. And collectively paying for the maintenance of a giant wall severing downtown is better then a Rich Billionaire developing those blocks in a way that actually makes them vibrant and useful to us.
Yes this project will transform and reconnect downtown, solving a myriad of problems that we have been complaining about on this form of years, in addition to giving us a new NHL team, an updated arena, convention center, concert hall and a revitalization of Japan town but we can't have that because a billionaire might benefit from it.