Sunday, December 6, 2015

From the Dallas Observer: DENTON USED TO BE KINDA COOL. THEN IT PAID $8 MIL FOR A BUC-EE'S.

I though this served as a good reminder that cities are primarily economic units. I can't speak to the wisdom of this deal . . .

- Click here for the story.

. . . but it would be interesting to look at how Buc-ee's has developed a strategy which persuades local cities to provide tax incentives - and infrastructure - for it to build stations there and whether these turn out to be worthwhile economically. This shouldn't stop with Buc-ee's, Walmart and many other do the same.

- Click here for Denton OKs incentives for Buc-ee's Travel Center.
The battle over Buc-ee’s raged deep into the night at City Hall, which was packed with residents for and against the massive, trendy travel center. Under the proposal, Buc-ee’s would provide more than $5 million in infrastructure to the site on the west side of Interstate 35E between Loop 288 and Wind River Lane.
Neighbors fear congestion, noise pollution, light pollution, and other issues that they believe could harm lifestyle and property values. About 20 speakers sounded off to council members for and against the project. Opponents said it would bring low-paying jobs, and that tax breaks would add insult to injury.
Supporters said Buc-ee’s is a high quality operation that would bring visitors, and provide property and sales tax revenue. The proposed travel center would have 96 gas pumps and about 50,000 feet of retail space.