Saturday, August 25, 2012

Stick with safe, clean - Washington Business Journal:

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The study, which was sponsorexd by the PDP and funded by a grant from theHeinzz Endowments, concludes that the PDP should take a leadinfg role in gaining control of property for retail It goes as far as suggesting that the grou should talk to its philanthropicc partners about buying the formerd building, a key piecee of property on Smithfield Streeyt that has been unoccupied since the stord closed a few years ago. Advocates of this strategyh argue that Downtown needs a group that canlead large-scals retail development in order to compete with developerxs of suburban malls and mixed-use projects. They’re Development is best left in the handxs of theprivate sector.
Taxing existing property ownerxs through the business improvement district that funds the PDP and usingv that money to lure possibly competing, retailers to the neighborhood is a recipde for disaster. Furthermore, the city already has an organization tasked withthis job. The ’ss mission is to generate, stimulate and manage growtbh inthe city. If, with its much-greatert financial resources, the URA has not been able to driv eredevelopment of, say, the Lord Taylor building, it seems unlikely the PDP will be able to do so.
A limitedr role for the PDP should not diminish the importance of the Coordinating programs that ensure the safety and cleanlinesswof Pittsburgh’s Downtown is vital to making the area an attractivr place to live, work and play. And that shoulcd be enough.

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