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Metropolitan DC Local Politics
Reply to "What’s happening with the old White Flint mall development?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Which one of the candidates for County Exec is going to move along whatever the heck is supposed to be happening at this site? Nothing until election 2028? The country is going to take decades to recover from what has taken place in the last 1.5 years. Will the health campus to make a biomedical triangle pan out?[/quote] Not Friedson. He is taking lots of money from the Lerners, who are content to sit on this land. [/quote] Isn't the more likely scenario that Friedson pays the Lerners gobs upon gobs of money to develop the site, and also doesn't make the Lerners pay any property taxes for the next 10,000 years? And then we'll get some really expensive apartments (with maybe a few MPDUs thrown in) and that will make the stupid YIMBYs happy.[/quote] I’d much rather apartments for young professionals than retirement homes or whatever people proposed up thread. Young professionals bring new and interesting restaurants and nice stores.[/quote] No objection from me. I don't care what it is; by all means, let developers build whatever they think will be most profitable for them, and let them charge as much as they think people will pay. The problem, however, is that people like Friedson seem to think that we should give gobs and gobs of money and tax breaks to developers to get them to build. The point that I think Elrich has made is that projects like high-rent apartments in desirable, metro-accessible areas are highly profitable, so why do we need to pay developers to build them. [/quote]
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