Shiny Side Up wrote:They won't make more money, but they'll get money faster. That's the whole point. Land developers don't give a shit about a community's long term feasability, remember that the business model is to buy low, sell high, and do that as quick as possible with the least amount of investment. Forgetting about airside, the residential area has shown plenty of evidence of this sort of planning. Between the lack of storm sewers and sidewalks, to the limited roadway access, and just plain bad layout. Hall marks of turn and burn development. I'm curious to see what sorts of short cuts will be taken when the ashpalt comes up, but I have no doubts that some will weasel out of responsibility and home owners or the town will be left holding the bag.
I've heard estimates that should the runway be turned into residential, it has a value of 18 to 22 million. If someone can put that in their pocket as quick as they can, they will.
I say they will make more money, not faster money. The Airport (from my info) never made a dime. It was a lure to bring in pilots and such as mentioned earlier. I can honestly say, that before my legal proceedings, Medd and Winters have said numerous times, "we should have ploughed over the runway from the beginning". I was even told by Medd that the benefits of 'closing' the runway were huge with the development potential it would produce. This isn't an accident folks. You might ask what I have to gain in saying this....the answer is 'nothing', I only stand to loose. You see, I am suing the project for profits that are being mismanaged. Theoretically, I should be on the band wagon to close the runway.......