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Old Posted Feb 21, 2017, 8:38 PM
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mello mello is offline
Babylon falling
 
Join Date: Sep 2002
Location: San Diego
Posts: 2,606
How Can this Stone Group proposal be land grab?

The Qualcomm site is not prepped and ready to go for massive development. I've heard that huge portions of the site need to be raised by 20 feet due to the flood plane. The old stadium will have to be demolished. The 55 acre park in a major flood zone will take some expensive engineering before the park can even be built. Tons of soccer fields don't make the Group much money.

My point is the community is getting a lot on a site that isn't shovel ready for development and they estimate huge tax revenues for the city. So its either sit around for years and quibble about this being a land grab and fair market value for the site or move forward get major amenities and tax revenue. Also the longer we sit here and do nothing the city continues to lose money on maintaining the current decrepit stadium.

Regarding parking heard Nick Stone on interview last night say there will be 10% less parking on the site then there currently is now so there will be plenty of parking don't worry about that
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