Jun 20, 2016
NIZ Return On Tax Dollar
Call it Allentown's NIZ, or J.B. Reilly's City Center Real Estate, by either name it's subsidized by the tax payers of Pennsylvania. That $70 plus Million Dollars a year would be going into education or infrastructure, instead of into the arena and Reilly's debt service.
On Saturday, I visited our business district both in the afternoon and evening. For the afternoon excursion, I can report that there was absolutely more foot traffic and activity before the revitalization. Although, there is some more activity during the weekend evenings, the return on the taxpayer investment is meager by any standard. I guess my best image on Saturday night was Don Saylor standing in front of Roar, explaining to some street person that the restaurant has valet parking. That's a sight you would have never seen when he operated the Shanty on 19th Street.
If we already spent a $Billion for the little we got, what would it cost to duplicate all those people walking around in the artist renderings approved by the ANIZDA, and promoted by the Morning Call?
Shown above waa a time when people came to Hamilton Street on their own, without our taxes subsidizing private business interests.