I wonder what effort, if any, was made by the area's Business Improvement District -- run by and known as the Hillsborough Street "Community" Service Corporation and supported by tax dollars -- to focus redevelopment in this area while preserving the homes. It seems like the economic redevelopment efforts by the HSCSC are always upzone-and-bulldoze without respect to the area's history and significant character. Yuck.
This article has so few facts, including none to back up what strike me as fantastically inflated numbers on GDP, nor does it account for the billions of dollars that get sent home to Mexico in the form of remittances rather than spent in our local economies -- a sort of "reverse multiplier" effect.
Police jobs require only a high school degree and allow full retirement after only 20 years. They shouldn't need more money when others such as state workers are getting much smaller (or non-existent) salary increases while paying ever increasing health care costs as well.
I think Dan Coleman summed it up right when he said this plan is designed for developers to make money on transit corridors and for astroturfers like WakeUP Wake County to all get high paying jobs when the gravy train starts rolling with hundreds of millions of dollars in new taxes per year, all while loading up huge debt on county without clear specifics. And it's not clear why anyone in Raleigh should be paying for commuter rail service to Garner anyhow -- that just is going to encourage sprawl of the type that pro-density developers and WakeUP Wake County say they are against.
I'm surprised this story omitted the similar problems the Carolina Theatre had back in the 1990s.
These boosters will stop at nothing to make money bulldozing somebody else's neighborhood. Raleigh doesn't need a new arena, and there's no appropriate place to put one downtown anyhow -- let's use the land downtown to have high-density development, not some booster boondoggle with taxpayers' footing the bill.
Sad to see five local businesses with great pedestrian street frontage and foot traffic serving a diverse clientele torn down for a faux-boutique hotel with a faux-chain taco stand with almost no foot traffic and an uninviting street-level facade and building height that almost overwhelms the Bell Tower across the street.
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Indy Week • 201 W. Main St., Suite 101, Durham, NC 27701 • phone 919-286-1972 • fax 919-286-4274
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