vision2020@moscow.com: Re: Business Park
Re: Business Park
Bill London (london@wsunix.wsu.edu)
Sun, 12 Nov 1995 09:27:48 -0800 (PST)
For some reason, I am still interested in the bizpark. And very much
interested in your point that nobody in the incubator (supposedly the
actual ones clamoring to have the bizpark become reality) would be able
to build a building there. That seems to be in direct contradiction to
the EDC Party line (eaten hook and sinker by the council).
Hodge seemed to say that speculators wanting to make a quick buck
buying a site at the park would be required to build in a year or two.
But are you saying that the present incubator tenants would not be able
to afford to get a site at the park and build a building there--and thus
would have to await a speculator's purchase of property (at a value held
artificially low by its tax-supported status) there and then the
construction of a building not for occupancy but for resale?
Not one of the companies now expanding at the incubator will be
able to afford to build at the bizpark?
I would really love some clarification on these questions, John.
Because, frankly, I still don't quite get it. Are we underwriting a
business park so a handful of speculators would get even bigger profits
than if they just went out and built some buidlings for incubator tenants?
BL
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