Quote:
Originally Posted by scrapp
The way I look at it is that there is a finite amount of development resources that the city (or school district) can apply towards development and improvements. In the case of family-friendly residential development, what I am saying is that I would much rather see the city invest on improving what it already has outside of Downtown rather than try to create something new Downtown.
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I'm not sure that premise is correct. The amount of resources available for development tends to be a function of expected future demand in the anticipated markets for the developed assets. So if two different neighborhoods would be likely to serve at least somewhat different markets, they would not necessarily be drawing from the same pool of potential resources. And in this case, I think that is true of Downtown versus the East End: the potential markets, including the family segment of the markets, are not exactly the same.