This editorial will appear in Friday’s print edition.
What’s better for University Place’s Town Center:
(a) A project that doesn’t get built, thus generating no tax revenue?
(b) Or a project that does get built and starts generating some tax revenue immediately and even more a few years down the road?
The answer to that question seems obvious. And it’s why the City Council should give serious consideration to providing tax abatement to a Tacoma-based developer currently building one mixed-use building at Town Center and hoping to build a second.
Read more »