Reply to Wizards and Caps could be moving to Potomac Yard

Forum Index » Metropolitan DC Local Politics

Reply to "Wizards and Caps could be moving to Potomac Yard"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous][quote=Anonymous]It’ll be a good new development for 20 years and then whoever owns the teams then will blackmail public officials into financing yet another stadium.

The trend is moving away from stadiums and real estate developments in big cities. With hybrid work here to stay, the only way to revitalize cities like DC will be a massive, long term remaking of commercial areas into new, mire desirable residential ones, with smaller businesses (restaurants, grocery stores, cafes, etc) following residents into these areas. And for it to work there will need to be crackdowns on crime. There isn’t a lot of money to fund or incentivize this kind of redevelopment right now so this is going to be a long term challenge.

If DC and other big cities die, the close-in suburbs will follow. In past eras when cities were down they at least still had the business and commercial real estate tax base.  Without that there won’t be enough to see the city through to the next redevelopment and revitalization phase. The long term effect of work from home policies is not good for cities as commercial districts.[/quote]

Sounds like we need a home office tax.[/quote]
What? Is DC going to tax the people who live in Virginia that no longer commute to DC?[/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics