[RP TownTalk] EYA in Hyattsville

[Lou King]

Yes there are other location that could be developed.
The question is "Does anyone with the money to develop those 
properties/land want to make the investment?"

The answer seems to be no. I surely don't know why; The property owners 
can't afford to make the investment? Investors can't make a deal with 
the property owner? Those with money or credit don't think the return on 
their investment is worth the risk? Existing building are in the wrong 
place (that is maybe why they are empty)? The time is not right?

We can all speculate as to why others do or don't spend/invest their 
money the way "we" think they should, but it is just that, speculation.

Without speculation, we know that the owner of the property just rezoned 
has the money/credit to make an investment in the community. That does 
not seem to be the case in other locations for what ever reason.

In light of, because of, in spite of, surely with the knowledge of the 
Cafritz development, the locally owned market in Town Center has 
invested their family's money to expand (This after being told NO to 
other expansion proposals).

Perhaps, with the leadership shown by these two, others will decide now 
is the time, Riverdale Park is the place, to invest their money.

I for one hope that is true. We can wish all we want. But working to 
make the local economy, political, public environment, welcoming to 
investors will make those wishes/dream come true.

Lou
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Sue Collins wrote, On 7/11/2012 10:36 AM:
>  I can't believe that there's NO other property
> available anywhere on Route 1 or the general area which has already been
> cleared and where the store could be built.
>