One solution to Palo Alto's budget problems.
Original post made by Resident on Dec 30, 2011
They have a slogan "shop Palo Alto", but we don't have the type of retail that most of us shop all the time. Why won't they allow decent retail in the right areas of Palo Alto? Frys will probably move because of all the aggro they are getting and instead we will have housing with more residents with nowhere to shop in Palo Alto. The area around SanAntonio/Charleston is prime for zoning for useful retail like full service supermarket or another big box store, but instead they want a hotel there! We have Alma Plaza moving ahead, but Edgewood is still stuck.
When I see the money my family have spent outside Palo Alto this past month and then multiply that by the number of residents of Palo Alto, we can see how much sales tax has gone elsewhere which we could have used if it had been spent in town.
Costco, Target, WalMart, Kohls, BestBuy, Bed BB, OSH, Sports Authority,Sears are all the type of stores we need, and spend money in all the time, not boutiques. I know that some of these stores are nearby and we aren't likely to get duplicates, but we do need this type of big box store to generate sales tax for our coffers.
When will the city council start looking at generating sales tax by promoting useful everyday retail? That is their number 1 biggest mistake, imo.
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