Developer's $700 million plan for West Seneca plaza could include new stadium
More...
Developer's $700 million plan for West Seneca plaza could include new stadium
More...
West Seneca megaproject raises issues of financing
‘Over-the-top exciting’ plan puts focus on affordability
http://www.buffalonews.com/city-regi...ncing-20140621Quote:
West Seneca officials say they now hope to decide by summer’s end whether to proceed with a $700 million megaproject proposed for the former Seneca Mall by developer Scott R. Congel.
But a host of questions remains unanswered, even apart from a companion proposal involving a new Buffalo Bills stadium adjacent to the site – all part of what sources describe as preliminary conversations between Congel and billionaire B. Thomas Golisano to buy the team.
Why would someone want this in their community specially if they are looking for tax breaks. Why should existing property owners cover the cost for infrastructure, deal with the traffic and increased "government services" that will be required if this went through?
Just look at the horrible traffic the Cheektowaga Town Board has created over the years while it was said all the business growth would help with the tax base. In the end we have the highest taxes in the area, vacant buildings and people are still to this day leaving Cheektowaga.
So what does over-the-top exciting mean? Unless the average property owner seems some type of benefit from a project like this why give tax incentives.Quote:
West Seneca Supervisor Sheila M. Meegan
“It’s over-the-top exciting,” she said, adding that the town is “thrilled” about a project with far-reaching effects on West Seneca and surrounding communities.