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By adam2 (anonymous) | Posted March 21, 2010 at 00:58:21
Undustrial is on to something. Government directed mega-projects are usually disastrous in the long run. It may seem "cool" or the magic bullet for now, but there are always unintended consequences that are long lasting. That is not leadership... it is artificially messing with the natural progression of things. Who is to say that in 2 years a private company wouldn't have bought up the Lister Block and redone it? If there are no private investors it is because the area is not ready for it yet. Artificially doing the project through government will not change any of the other factors that make the area ready or not.
In the meantime, government should be doing the following: ensuring all potential investors are treated equally, by-laws are followed and offenders get consequences, there are enough amenities and services for all tax payers, services expand as dictated by demand.
I know I am sounding like a capitalist, but if private investors are not involved, projects cannot possibly be sustainable.
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