Point Loma Liberty Station prices falling

[meadandale]

“Outside of the land, MCM received no government assistance to complete the project.”

Oh sure, hundreds of millions of dollars in prime point loma real estate would be considered ‘no government assistance’ in anyone’s book.

I’m sure they were taking it in the shorts selling cookie cutter townhomes on tiny lots for a close to a million a piece on free land.

I’m sure that all the people working for Corky as well as all of the government shills that were able to get property in LS for below market value are really happy about the project. For everyone else, including the tax payers, it was one gigantic and indefensible government giveaway.

[macmichael]

Remember

Lennar was recommended for award of the project, after a review of all proposals, on the basis of more amentities for the community and a variety of other criteria in which they offered more.

Then in the typical SD insider backroom secret dealing whatever, next thing it is announced that Lennar was out and that MacMillian would be awarded the project.

It had a foul smell at that time. I suspect a current review would show it still does.

[macmichael]

Remember

Lennar was recommended for award of the project, after a review of all proposals, on the basis of more amentities for the community and a variety of other criteria in which they offered more.

Then in the typical SD insider backroom secret dealing whatever, next thing it is announced that Lennar was out and that MacMillian would be awarded the project.

It had a foul smell at that time. I suspect a current review would show it still does.

[macmichael]

Remember

Lennar was recommended for award of the project, after a review of all proposals, on the basis of more amentities for the community and a variety of other criteria in which they offered more.

Then in the typical SD insider backroom secret dealing whatever, next thing it is announced that Lennar was out and that MacMillian would be awarded the project.

It had a foul smell at that time. I suspect a current review would show it still does.

[macmichael]

Remember

Lennar was recommended for award of the project, after a review of all proposals, on the basis of more amentities for the community and a variety of other criteria in which they offered more.

Then in the typical SD insider backroom secret dealing whatever, next thing it is announced that Lennar was out and that MacMillian would be awarded the project.

It had a foul smell at that time. I suspect a current review would show it still does.

[macmichael]

Remember

Lennar was recommended for award of the project, after a review of all proposals, on the basis of more amentities for the community and a variety of other criteria in which they offered more.

Then in the typical SD insider backroom secret dealing whatever, next thing it is announced that Lennar was out and that MacMillian would be awarded the project.

It had a foul smell at that time. I suspect a current review would show it still does.

[Raybyrnes]

Lot’s of Million dollar homes measn lot’s of taxes being collected to pay for services.

It also attracts lots of disposable income that is spent in stores and creates jobs which in turn provides additioanal tax revenue.

With respect to school I believe High Tech High is in the area and it is considered one of the best in San Diego. I already know that this is a charter school not the actual public school for the aea.

I also beleive this was an award winning project.

So let’s see. Let’s do nothing with the land and collect no revenue’s or let’s have a developer pony up his cash and create a purpituity of tax revenues. Do a net present value calcualtion on that and see if the deal makes more sense.

Could they have negotiated a better deal. Who knows? Did they create a disirable area. Absolutely.

[Raybyrnes]

Lot’s of Million dollar homes measn lot’s of taxes being collected to pay for services.

It also attracts lots of disposable income that is spent in stores and creates jobs which in turn provides additioanal tax revenue.

With respect to school I believe High Tech High is in the area and it is considered one of the best in San Diego. I already know that this is a charter school not the actual public school for the aea.

I also beleive this was an award winning project.

So let’s see. Let’s do nothing with the land and collect no revenue’s or let’s have a developer pony up his cash and create a purpituity of tax revenues. Do a net present value calcualtion on that and see if the deal makes more sense.

Could they have negotiated a better deal. Who knows? Did they create a disirable area. Absolutely.

[Raybyrnes]

Lot’s of Million dollar homes measn lot’s of taxes being collected to pay for services.

It also attracts lots of disposable income that is spent in stores and creates jobs which in turn provides additioanal tax revenue.

With respect to school I believe High Tech High is in the area and it is considered one of the best in San Diego. I already know that this is a charter school not the actual public school for the aea.

I also beleive this was an award winning project.

So let’s see. Let’s do nothing with the land and collect no revenue’s or let’s have a developer pony up his cash and create a purpituity of tax revenues. Do a net present value calcualtion on that and see if the deal makes more sense.

Could they have negotiated a better deal. Who knows? Did they create a disirable area. Absolutely.

[Raybyrnes]

Lot’s of Million dollar homes measn lot’s of taxes being collected to pay for services.

It also attracts lots of disposable income that is spent in stores and creates jobs which in turn provides additioanal tax revenue.

With respect to school I believe High Tech High is in the area and it is considered one of the best in San Diego. I already know that this is a charter school not the actual public school for the aea.

I also beleive this was an award winning project.

So let’s see. Let’s do nothing with the land and collect no revenue’s or let’s have a developer pony up his cash and create a purpituity of tax revenues. Do a net present value calcualtion on that and see if the deal makes more sense.

Could they have negotiated a better deal. Who knows? Did they create a disirable area. Absolutely.

[Raybyrnes]

Lot’s of Million dollar homes measn lot’s of taxes being collected to pay for services.

It also attracts lots of disposable income that is spent in stores and creates jobs which in turn provides additioanal tax revenue.

With respect to school I believe High Tech High is in the area and it is considered one of the best in San Diego. I already know that this is a charter school not the actual public school for the aea.

I also beleive this was an award winning project.

So let’s see. Let’s do nothing with the land and collect no revenue’s or let’s have a developer pony up his cash and create a purpituity of tax revenues. Do a net present value calcualtion on that and see if the deal makes more sense.

Could they have negotiated a better deal. Who knows? Did they create a disirable area. Absolutely.

[patientlywaiting]

The question is why the city didn’t put the land out to bid in the open.

If the goal was to maximize tax revenues from development, many other projects would have worked much better. I’m thinking a “The Grove” or “Americana” like development by Rick Caruso.

[patientlywaiting]

The question is why the city didn’t put the land out to bid in the open.

If the goal was to maximize tax revenues from development, many other projects would have worked much better. I’m thinking a “The Grove” or “Americana” like development by Rick Caruso.

[patientlywaiting]

The question is why the city didn’t put the land out to bid in the open.

If the goal was to maximize tax revenues from development, many other projects would have worked much better. I’m thinking a “The Grove” or “Americana” like development by Rick Caruso.

[patientlywaiting]

The question is why the city didn’t put the land out to bid in the open.

If the goal was to maximize tax revenues from development, many other projects would have worked much better. I’m thinking a “The Grove” or “Americana” like development by Rick Caruso.

[Author]

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