Comment 51568

By -Hammer- (registered) | Posted November 15, 2010 at 19:01:00

To further add, the city already does make use of several downtown tax incentives to further help the case of redevelopment. There is of course a need to boost infrastructure and image to draw investors still, but at this point we simply lack enough intensified urban development to warrant further expanding our boarders, as our infrastructure costs are already outrageously out of control. We have too much infrastructure to maintain over too wide an area, and not enough of a permanent tax base to handle it. Any new tax base as a result of this sprawling housing and box center development, is lost by the infrastructure costs to maintain that area, because it's simply not providing enough density and the city's core image keeps the property values lower as well, so you can't tax as high as you'd like either. It's robbing Peter to pay Paul. Halting expansion, and intensifying existing areas is the only way to fix that, and allowing for additional sprawl is only going to make the problem worse.

Still waiting for the Randle Reef mess to get cleaned up, but hopefully not much longer!

http://www.cbc.ca/hamilton/news/story/2012/12/18/hamilton-randle-reef-announcement.html

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