Reply to CCDC Redevelopment Plans

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[quote=Anonymous]someone posted this on the list serv this morning and it is worth considering-

The ones unhappy and the ones thrilled about the eight redevelopment privatization proposals are very likely to share the same curiosity that I bet neither attorneys nor politicos could explain away... the highly irrational giveaway of the public air rights at the Commons.
 
Giving away the public air rights at the Commons means giving away control of this site to unknown private entities for decades.
 
Giving away the public air rights means the income benefits derived by this project will inure to private entities to payback equity investors for their expensive loans and to spend discretionarily (likely far off site) instead of reinvesting it into the project as needed over time.
 
Giving away the public air rights means routine private screening out whoever these private interests deem not suitable to access whatever "affordable" housing may get built. It also likely means the "affordability" evaporates in 10 to 20 years like other public asset giveaways in the DMPED deal track record. 
 
Absolutely no one can explain why, if the city is paying to rebuild the library, community center, open rec space and landscaping, and even the so-called affordable housing, that the public air rights should also be given away to private entities for any duration at all.
 
Sure, it is reasonable for developers to deserve a fee to design & build the project, possibly to also manage the housing, but that paid-for task absolutely does not need to be gifted with the right to profit from and control our public air rights for decades.
 
From what I've read, absolutely no one surveyed, those thrilled or unhappy, lawyers or politicos, asked for this.
 
Correct me if I am wrong, with a clear explanation why anyone believes the public must sacrifice our public assets this way.[/quote]

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