“. . . I’ll have to plead the 5th as to how I came to understand this, but let it be known that city councils and P&Z boards can be bought over quite easily. All it takes is for a developer to contract the consulting services of a well-connected ex-councilmember at some ludicrious price and send him to town with a five-figure entertainment budget (which sounds like a lot, but isn’t in the scope of a $50 mil. project); meanwhile, the developer ensures that their first renderings contain a few blatantly offensive architectural features that the targeted politicians can criticize. The developer makes the changes requested (which they would’ve made anyway) so as that the targeted politicians can save face with their constituents. And the really dangerous part of all this is that once a politician is clearly in your pocket, it’s hard for them to say no to just about anything else in the future so long as the developer provides them with a mechanism to save face. . . .” [TheNiche, commenting on Ashby Highrise Loses Appeal]
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Comment of the Day: The Value of Failed Developments
“The financial failure of Mosaic is not related to zoning or neighborhood protection. Mosaic represents a massive mixed-use project that will (eventually) fill up and further the civic goals of increasing population density and adding positively to the streetscape. In the mean time, the FDIC and out-of-state investors are paying the property tax bill on units that aren’t occupied by people that would stress our infrastructure. Where’s the downside in that? If the alternative were a vacant lot, Mosaic is far preferable from a civic perspective. . . .” [TheNiche, commenting on Only the Towers Remain Standing: Mosaic and Friends Break the Bank]