Before a quick update, review “The District on 5th” @ about 50% complete just 14 months ago. The District on 5th and Neighborhoods. It has since flipped a record profit. Some say that is a big success for investor wealth building. Can this be a success for neighborhoods as our City leaves millions on the table in development concessions; a 60% slash in sewer fees being just one. For more discussion, read the commentary in a recent piece: A Core Neighborhood Plan. Depending on whether you want to make money here or live here, your opinion will vary 180 degrees. Home-owner occupancy continues to decline near UA related development, because of this. So, the question of how we create a sustainable core residential ( R1 and R2) environment in this context is a challenge that has yet to be faced…and it never quit being about money.
The District on 5th
March 28, 2013 by Bill Ford
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