Property Values in Alexandria [If the new entertainment district gets built]

[Anonymous]

Anonymous wrote:I am just furious over using tax dollars for this. Youngkin sucks so hard.

There aren't any tax dollars- they are issuing a bond and then paying for it through a TIF. That increment financing is how a lot of public works/ development gets funded nowadays. There is a difference between baseline tax revenue if nothing gets done vs the higher tax revenue after an expensive development. The TIF siphons this off to pay for the development to happen in the first place

There are no free lunches. . . . but this is about as close as you can get

[Anonymous]

Anonymous wrote:

Anonymous wrote:I am just furious over using tax dollars for this. Youngkin sucks so hard.

This isn't any different than the Amazon deal, and in fact the two are probably related. It's not a Youngkin thing.

It’s hugely different. Taxpayers shouldn’t fund sports arenas. It’s a terrible deal for taxpayers.

[Anonymous]

Thoughts on the values of the Beverley Hills SFHs that overlook PY from afar?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I am just furious over using tax dollars for this. Youngkin sucks so hard.

This isn't any different than the Amazon deal, and in fact the two are probably related. It's not a Youngkin thing.

It’s hugely different. Taxpayers shouldn’t fund sports arenas. It’s a terrible deal for taxpayers.

Why? You have to have a reason for saying that you're OK with public support for an e-commerce company but not for sports entertainment.

[Anonymous]

Anonymous wrote:

Anonymous wrote:I live and work in Alexandria, and don’t know anyone who thinks this is a positive thing.

Then expand your bubble.

This thread is about Alexandria, dumbass.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I live and work in Alexandria, and don’t know anyone who thinks this is a positive thing.

Then expand your bubble.

This thread is about Alexandria, dumbass.

NP - Real life Alexandrian here. Suspecting you, like many of my neighbors, are incapable of much beyond your expressions of dissatisfaction and outrage.

This one of the more exciting things to happen to our area. Frankly, I'm sick of the repetitive complaint-filled convos about bike lanes, renaming streets, our crap schools and affordable housing. The arena the first improvement in a LONGGGGG time that the whole community can enjoy.

Or is that too much fun for you to handle?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I am just furious over using tax dollars for this. Youngkin sucks so hard.

This isn't any different than the Amazon deal, and in fact the two are probably related. It's not a Youngkin thing.

It’s hugely different. Taxpayers shouldn’t fund sports arenas. It’s a terrible deal for taxpayers.

Do I need to rehash all of the ridiculous programs the city currently funds? At least this has the potential to bring in added business and tax revenue.

I swear you people would find a reason to complain about anything. It's more of a personality defect than a problem with the new development.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I live and work in Alexandria, and don’t know anyone who thinks this is a positive thing.

Then expand your bubble.

This thread is about Alexandria, dumbass.

Look ass hole, I too live in Alexandria. I support the move. If you really think that there's no one in a 150k city that supports this, your bubble is too small. But I guess anyone who disagrees with you must either not live in Alexandria.

[Anonymous]

It's not set in stone yet, and it's possibly just a ploy to get DC to finance renovating the Verizon stadium and gallery place area.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I live and work in Alexandria, and don’t know anyone who thinks this is a positive thing.

Then expand your bubble.

This thread is about Alexandria, dumbass.

NP - Real life Alexandrian here. Suspecting you, like many of my neighbors, are incapable of much beyond your expressions of dissatisfaction and outrage.

This one of the more exciting things to happen to our area. Frankly, I'm sick of the repetitive complaint-filled convos about bike lanes, renaming streets, our crap schools and affordable housing. The arena the first improvement in a LONGGGGG time that the whole community can enjoy.

Or is that too much fun for you to handle?

I live in Del Ray, a 15-minute walk from the proposed site, and I am not excited. I favor most development and would be happy if they tore down the big box stores there now and built denser multi-use retail and housing. But a 20000 seat arena is a different beast and is likely going to be a traffic disaster for Lynhaven and north Del Ray. I suspect those Alexandrians who are excited about this do not live right next door. Would you want this a 15-minute walk from your house?

[Anonymous]

There was already a thread on this and Jeff closed it.

https://www.dcurbanmom.com/jforum/posts/list/1173360.page

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I live and work in Alexandria, and don’t know anyone who thinks this is a positive thing.

Then expand your bubble.

This thread is about Alexandria, dumbass.

NP - Real life Alexandrian here. Suspecting you, like many of my neighbors, are incapable of much beyond your expressions of dissatisfaction and outrage.

This one of the more exciting things to happen to our area. Frankly, I'm sick of the repetitive complaint-filled convos about bike lanes, renaming streets, our crap schools and affordable housing. The arena the first improvement in a LONGGGGG time that the whole community can enjoy.

Or is that too much fun for you to handle?

I live in Del Ray, a 15-minute walk from the proposed site, and I am not excited. I favor most development and would be happy if they tore down the big box stores there now and built denser multi-use retail and housing. But a 20000 seat arena is a different beast and is likely going to be a traffic disaster for Lynhaven and north Del Ray. I suspect those Alexandrians who are excited about this do not live right next door. Would you want this a 15-minute walk from your house?

With the 70 acres in discussion, exchanging the arena with housing would bring way more than 20,000 residents.

I’d much rather have people visit and spending their money, have 20,000+ live here full time and strain city resources further (schools, sewers, etc.).

If anything, the arena is the lesser evil compared to what could happen if planning and development were left to the fools on city council.

(And don’t thank/blame any of the them for this deal. The arena was far beyond their pay grade.)

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I live and work in Alexandria, and don’t know anyone who thinks this is a positive thing.

Then expand your bubble.

This thread is about Alexandria, dumbass.

NP - Real life Alexandrian here. Suspecting you, like many of my neighbors, are incapable of much beyond your expressions of dissatisfaction and outrage.

This one of the more exciting things to happen to our area. Frankly, I'm sick of the repetitive complaint-filled convos about bike lanes, renaming streets, our crap schools and affordable housing. The arena the first improvement in a LONGGGGG time that the whole community can enjoy.

Or is that too much fun for you to handle?

I live in Del Ray, a 15-minute walk from the proposed site, and I am not excited. I favor most development and would be happy if they tore down the big box stores there now and built denser multi-use retail and housing. But a 20000 seat arena is a different beast and is likely going to be a traffic disaster for Lynhaven and north Del Ray. I suspect those Alexandrians who are excited about this do not live right next door. Would you want this a 15-minute walk from your house?

With the 70 acres in discussion, exchanging the arena with housing would bring way more than 20,000 residents.

I’d much rather have people visit and spending their money, have 20,000+ live here full time and strain city resources further (schools, sewers, etc.).

If anything, the arena is the lesser evil compared to what could happen if planning and development were left to the fools on city council.

(And don’t thank/blame any of the them for this deal. The arena was far beyond their pay grade.)

20,000 residents wouldn't fit on 70 acres unless you're talking about Manhattan style density. But also, all of those residents wouldn't be trying to arrive and depart at the exact same time four nights per week the way attendees at a hockey or basketball game will. And they wouldn't be driving around surrounding neighborhoods looking for parking.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I live and work in Alexandria, and don’t know anyone who thinks this is a positive thing.

Then expand your bubble.

This thread is about Alexandria, dumbass.

NP - Real life Alexandrian here. Suspecting you, like many of my neighbors, are incapable of much beyond your expressions of dissatisfaction and outrage.

This one of the more exciting things to happen to our area. Frankly, I'm sick of the repetitive complaint-filled convos about bike lanes, renaming streets, our crap schools and affordable housing. The arena the first improvement in a LONGGGGG time that the whole community can enjoy.

Or is that too much fun for you to handle?

Would you want this a 15-minute walk from your house?

Absolutely! Many people pay a huge premium to be able to live a 15-minute walk from so many fun things to do.

[Anonymous]

Anonymous wrote:Idk. Did having it in Chinatown do much for those property values?

Yes, it brought new, upscale rental and condo developments to the area.