Comment 99124

By arienc (registered) | Posted March 25, 2014 at 14:01:11 in reply to Comment 99098

Contrast that with the $60 million (not including operating cost) being spent on a single interchange in Waterdown. The $1 billion or so needed to fully service Aerotropolis. This less than $1 million capital expense will ultimately pay off for taxpayers many times over in terms of increased property values and newly attracted development in the corridor that previously was scared off by the proximity to loud, fast, dirty automobiles.

The developments on the fringe have a much lower chance of paying back the enormous amounts of scarce capital invested. If you're concerned about taxes at all, you're attacking the wrong projects.

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