Comment 27388

By A Smith (anonymous) | Posted November 21, 2008 at 21:05:09

Arienc, the owners of this new development (CPP Investment Board - Federal Government of Canada, Osmington Inc.) are building in a way they feel will be good for business.

If you look at the Meadowlands in Ancaster, it is clear that these types of developments attract large numbers of paying cutomers.

Would streetwall developments attract more customers, I don't know? However, if you're correct, why hasn't anyone been building them recently? If corporations are greedy, then it seems natural that they would be.

If you accept that streetwall designs are not as profitable as big box stores, then you are arguing that government needs to force businesses to build them anyway. If this is the case, then you are in fact punishing businesses.

Since humans tend to respond positively towards to incentives and negatively to punishment, you need to accept that streetwall mandates will lower investment in Hamilton.

Considering that Hamilton is just beginning to come back to life (in large part because of recent business tax rate cuts), why put the brakes on now.

Permalink | Context

Events Calendar

Recent Articles

Article Archives

Blog Archives

Site Tools

Feeds