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Archive for May 9th, 2009

Not News: Eastland is Toxic

Hed: Eastland’s overhaul still needs developer

Money quote: “It’s more difficult than we thought it was going to be.” — Tom Flynn, Charlotte city economic development director.

News: None.

It will take a minimum of $100m. in direct public subsidy to begin to rope in the kind of re-development plans city staff is looking to support. Once Sears vacates next month that number may go even higher.

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