Some tiny creature, mad with wrath,

Is coming nearer on the path.

--Edward Gorey

Location: Pittsburgh, Pennsylvania, U.S. Outlying Islands

Writer, lawyer, cyclist, rock climber, wanderer of dark residential streets, friend.

Monday, July 10, 2006

Holy Sh$t!!!

'Nuff said.



Blogger brian said...

And who, exactly, is paying for it?

11:19 AM  
Blogger Moon said...

i take it from the article's silence that this is neither aspirational nor an unfunded concept, so i would assume private developers are footing the bill with some incentives from the state, county, and city.

i'm all for it. the whole allegheny river is growing more beautiful each year, and it's already having the desired effect (see, e.g., del monte). moreover, in the long run, rental towers have to be worth more in tax revenues to the city than the lower, crappier buildings in that area now. perhaps i've just become indoctrinated, but i'm really starting to buy this if you build it they will come mentality about downtown; it seems to be working, and in any event i'm a sucker for new construction when it's done right. the rendering looks lovely.

11:33 AM  
Blogger brian said...

I suppose as long it's privately funded, and in ten years our income tax doesn't go up another 2% because the city offered some silly incentives (no property taxes for 50 years, for example) it could be a Good Thing.

It does certainly look better than the parking garages that currently grace the riverfront.

11:55 AM  
Blogger pregamejocelyn said...

I can indeed confirm that it's not aspirational and that there's plenty of funding going on, and that there are indeed people (myself included) likely to purchase when that time comes! Exciting, no?

5:58 PM  
Blogger John Morris said...

Hell yes I'd live there if I could afford to. But I gotta pay the taxes for all the highways and sprawl. Also have to pay for the wars to pay for the gas that burned in the taxpayer funded parking garage.

7:28 PM  

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