For quite some time (I’m not sure how long) the City of Alexandria has aimed for “balance” in it’s property tax base - IE to avoid having too much of its property tax revenue come from residential properties compared to the amount from commercial properties. I would like to address this and examine if it is actually an economically rational approach, as it effects several local policy decisions.
Well said. And the arena seems like a drop in the bucket too. Plus the office market is trash now so maybe having a higher residential base is good for Alexandria
Well said. And the arena seems like a drop in the bucket too. Plus the office market is trash now so maybe having a higher residential base is good for Alexandria