Dec 5, 2011
The Misconception of Hamilton Street
There's not many mid size cities that can boast having two national chain stores within one center city block, Allentown could. Not too many cities could say that one of those stores was one of the biggest producers in a chain of over 7000 stores, Allentown could. There's not many cities that are ignorant enough to tear down their most successful block, a virtual tax machine, Allentown is. This horrible mistake took a combination of political arrogance and public misconception. The arrogance is well known, so let me concentrate on the misconception. The perception was a few undesirable people, buying cheap things. The reality is Family Dollar sells the same merchandize in their suburban and rural stores. Rite Aid fills the same prescriptions and sells their standard merchandize. The new upscale stores, visioned for the arena front, will never produce the sales tax produced by Family Dollar and Rite Aid. The arena will never have that amount of employees, nor produce that much earned income.* The traffic congestion and lack of parking for arena events will destroy the new restaurants. Welcome to the white elephant, welcome to the ghost town.
Shown above and below is the early morning delivery to Family Dollar, every week of the year.
*sales tax and earned income currently going to city and state will now go to debt service for arena