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08-11-2014, 10:56 PM
  #742
Oiltankjob Fail
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Join Date: Feb 2013
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Quote:
Originally Posted by Replacement View Post
Multiple developers from out of town are looking at buying property and capitalizing on the City fronting half a billion for a new arena.

Trouble for Edmonton is if that happens a lot of profit continues to go out of the city to other Corporations, head offices etc. That are not located here...


Wheres the Edmonton developers on this. If Edmonton is digging deep to pay for an arena one would think there should be interest in keeping the surrounding benefit a local benefit.
This is just silly like saying having Petro cans here or esso stations are trouble. because the head offices are not here, you do realize majority of cities do not have head offices, and if people did not invest there it would severly hamper their economy. And worst case senerio is Main street starts building here creating jobs property taxes and other spin offs. And do you really think a person in Edmonton would spend his profits all here. another old man yells at cloud post from you. The city wants as many investors investing in the city no matter where they are from.

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