[ Message Archive | GraniteCityGossip ]
Posted by opinionated
Re: Downtown buildings in Granite City Archived Message
on August 19, 2022, 7:59 pm, in reply to "Re: Downtown buildings in Granite City"
You can't speak for the whole city so don't say, "we". It's not, "his own concert venue". If you had half the business sense you think you do, you would see this for what it is.
TIF funds bought the building and TIF funds are remodeling it. You know what that means to a bottom line? It means there will be no mortgage overhead and that bust a big nut toward profit.
Now think about this. People right now have nowhere in this town to hold a wedding and reception. Now, instead of going to Collinsville to hold a reception, families can stay here and enjoy this space. That means dollars for the city. That's good business.
Okay, you don't like bars, music venues or anywhere else people might enjoy themselves. That's all well and good. However, there is a large portion of this community who will buy tickets to concerts here in town. They will have a drink or two while doing so and may even grab dinner in one of the restaurants downtown. Follow me here, that means revenue for the venue and additional sales tax for the city.
By finding other revenue streams, you have the opportunity to lower taxes to the homeowner and that's a good thing. That's Business 101 so you must have missed that first semester.
You're not an ignorant person. Please tell me you can see a potential even if you like the path being taken. If not, I am going to assume Parkinson arrested you at some point in your life because you make this all too personal.
If you sell your house and move, please post here. I'm looking for a couple of more properties I can fix up and rent out.
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