Excelius t1_jajeq99 wrote
Reply to comment by OnyxFiskar in As construction begins on Atlanta’s “Cop City,” Pittsburghers are concerned about an allegedly similar local project by LostEnroute
> The cost of relocating all of those operations from the strip would dwarf the revenue from what they would recouperate from selling the land and the added tax revenue. Its not even close.
Certainly, I wasn't imagining those things would somehow recoup the entire cost, merely offset it.
Apparently not all of the existing operations are on city owned property, in their press release the city claimed that the move would "allow the City to save millions of taxpayer dollars on leases of private properties used by the Department of Public Safety and to move key City-owned properties and parcels back onto tax rolls".
It didn't specify which operations were on city owned properties, and which are on leased properties, nor the time horizon that the "millions in savings" might be realized.
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