The Alerus Center is Failing to Bring More Development

The Grand Forks Alerus Center

Image and video hosting by TinyPic

Financial Disaster on the Prairie

One thing that’s funny is how the Alerus Center apologists keep bringing up how the Alerus will lower our property taxes. They say that the new construction it brings will pay property taxes will which will reduce the property taxes we all pay.
That leaves me to ask what are they talking about. The Alerus is surrounded by empty lots even though the place is almost 9 years old. The Canad-Inn hotel was brought in with massive incentives. I’ve heard that their package was worth up to seven million dollars. Rather than saving us any money they’re costing us.
Apologists then claim credit for a couple new hotels built on 42nd street. The problem is that they are on the extreme south end of 42nd street. The hotel operators built there to be close to the shopping district.
So in today’s paper they finally admit that their claims of the Alerus bringing development is a failure. They want to pay people to build in the dead zone around the Alerus. Makes sense. Who’s going to spend their own money building next to the Alerus. They’re probably afraid the suckage will leak over and hurt their business.

Grand Forks City Council members are mulling a somewhat underused tax abatement policy to encourage growth on underdeveloped properties, among them the 42nd Street corridor.
The topic has been under discussion since AE2S, an engineering firm, approached the city for a tax exemption to help it and Icon Architectural Group build a new corporate headquarters building just off 42nd and across the street from the Alerus Center.
Growth on the properties along the corridor has been stubbornly slow despite the presence of the city-owned events center and the attached Canad Inns entertainment complex. Some hotels have emerged on the corridor as have a gas station and a bank, but there’s plenty of vacant land available.
Tax abatements could help by offering businesses that build in underdeveloped or blighted areas reductions in property taxes or special assessments for a period of five to 15 years.

I have to laugh at these guys. Their vision of the Alerus Center and the reality is so at odds that they have to keep shoveling money at it in some ways while chanting to the world that it’s a success.
I don’t see any reason at all to pay businesses to locate near the Alerus. The story when they built the failed events center was that by subsidizing it we’d be bringing in all kinds of businesses. Of course those promises were phony just like nearly everyone of their promises.
Right now there’s a architectural firm looking for a handout to build a new headquarters in the neighborhood. They should be told no. They’re expected to pay property taxes just like everyone else. Them moving their headquarters doesn’t do a thing for the city. Why don’t they just go down to the welfare offices in the county building?

Tags:


«
»
  • http://Array rokker13

    The “Bisondome” has done nothing for Fargo either. Where are all those jobs that were supposed to be created, all that prosperity–all those outstanding shows, etc! never materialized. Now the issue is procurring new, more expensive artificial turf for NDSU to prance around on–get real! I get a good laugh every time Cole Karley makes comments how our “economy” prospers from events at the Fargodome–who prospers? A bunch of minimum wage, no benefit cleaneruppers, those who work in the hotels and motels for poverty wages and no benefits? the retail people who also work part-time, no benefits, sub-poverty wages?

  • http://SayAnythingBlog.com The_Whistler_ofnd

    I say let people build where they want to build. Don’t help them, don’t
    hinder them. If they want a street built to service their property then
    they should pay for it.

  • jimmypop

    One thing that’s funny is how the Alerus Center apologists keep bringing up how the Alerus will lower our property taxes. They say that the new construction it brings will pay property taxes will which will reduce the property taxes we all pay.

    its this shit that REALLY PISSES ME OFF. as an example; the radison downtown fargo, a +$20M building, has NEVER paid ONE dime to the tax base here in fargo. it stays in the downtown TIF district. so, we have a $20M building that in 25 years has never done anything except help fund more spending by rich people in our downtown…… that goes to feed these same crew of rich folks downtown. they dont help ANYONE except themselves. when do i get to take my tax dollars and improve my stuff with them?

  • lock’em’up

    Grand Forks needs to disincentivise growth on the south end, or the perceived problems on the near north side and downtown will be joined by the rest of the north and west sides of town.

    Don’t bother squawking about free enterprise. Free enterprise has always been affected by government planning, it’s just another parameter to be considered in making a business decision.

  • http://SayAnythingBlog.com The_Whistler_ofnd

    They should just pay for the new turf out of the profits from the
    Fargodome.

  • jimmypop

    aw… now i gotta wait for somone to approve my message :(

  • sayanything-2

    It is not about development, it is about putting money in the pockets of the Alerus gang, screw the people of Grand Forks. That is what it was always about, stealing tax dollars.

  • Anon

    Randy Newman and Hal Gershman created this mess in an attempt to benefit Alerus Financial, and not the community of Grand Forks. It’s time for them to personally answer for the fact that The Alerus is nothing more than a tax-subsidized banquet hall.

  • http://sayanythingblog.com/ Pfeh

    Gotta get while the gettings good. At some point, the city’s ability to cut sweetheart deals may be curtailed. They need to get this kind of thing through as soon as they can, as fast as they can. It’s an easy thought process to understand.

Create a SAB Readerblog


Recent Comments

Powered by Disqus

Blog Advice and Support
Installs and Upgrades
Theme Modifications
Custom Plugins
Theme Design
Conversions and Relocations
Hacked Site Recovery
Mobile Apps Development