Quote:
Originally Posted by FlyingScot
On #2-- it is really tough for me to see the attraction of this spot for either a vacationer or full timer.
Of course, it was also tough to foresee what would happen to waterfront prices over the past couple of years...
|
Because of the limited and expensive supply of waterfront properties this project could fill a gap. If people can get boat storage at one of the three marinas in the area then restaurants, the public beach, and their boat are all within a 5 minute walk.
It is not where I would want to be but there will be a market for them. The views should be spectacular and for non boaters and retired people that may be enough to get them to buy.
I would suspect that the majority will be used by seasonal or weekend people and that may have been seen as in the city's best interest. I think housing that does not add to the cost of services like the schools are generally viewed favorably. Constructing this project will result in the large vacant lot having a significant bump in tax revenue to the city.