100 percent. Greenhill missed the boat by not jumping on the gravy train like EYA and Bozzuto. |
The big issue with Greenhill I believe is downtown Wheaton, where they own two shopping centers at the corner of Georgia and University and have refused to cooperate on redevelopment. |
Because redevelopment isn’t economically viable right now. |
You think the county government cares about what makes business sense? But, I think they may have a case because every Greenhill property seems to be old and rundown. I don’t think they are interested in investing anything, only collecting rents. They are so cheap that they used the same paint for all their Bethesda properties. |
The county government has made developer profits the central focus of its housing and land use policies. |
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MoCo DCUM: County government hates businesses!
Also MoCo DCUM: County government does whatever developers want! |
The only businesses getting sweetheart deals and eight-figure subsidies are developers. |
Most people don’t know that most of the economic development funds are spent subsidizing rent for commercial office space. |