Comment 73784

By Borrelli (registered) | Posted February 07, 2012 at 09:01:59

I'm less than enthused about this idea.

Sure, $650k isn't a ton of taxpayer coin in the grand scheme of things, but I can't see how it's enough to make a lasting difference for any company that currently can't develop a profitable model for a downtown store.

But my #1 worry is this: by grocery store, I'm guessing our council means "chain store," or some other kind of low-wage model that can survive on small margins and public handouts, while eviscerating its local, independent retail competitors.

I think those quoted in the article above should be careful what they wish for. It seems to me that the $650k could just as easily be a public subsidy for a WalMart Superstore.

Bundling it with another project would be great, sure, but as it stands, that's not what is on the table.

Comment edited by Borrelli on 2012-02-07 09:03:45

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