WTF WASTE OF TAXPAYER DOLLARS OF THE DAY

I don’t know why stories like the one below bother me so much, but they make my blood boil. Lansdale is an aging borough with 16,000 residents. It had 18,500 residents in 1970. For the math challenged, this means the population is declining. Median household income is $46,000, below the national average. The population has 20% more senior citizens than the national average. There is no industry. The white population declined from 85% in 2000 to 75% in 2010. You know a town is in decline when politicians propose a mural program to beautify the vacant buildings. A few years ago, the politicians that run this town wasted $500,000 of taxpayer money trying to create a perfoming arts center. No one came. It closed. There is talk of doing it again.

The biggest business in the borough is the SEPTA train station. It is old and dirty. Lansdale has its fair share of People of Wal-Mart types. Its crime rate is fairly high. It is a microcosm of America. It is in terminal decline.  

The politicians who run this place refuse to see the writing on the wall. They have thrown gobs of money at a delusional developer to build a massive complex of high end apartments, retail, parking garages, and now a skate park. This developer is going to build 250 high end apartments in a borough that hasn’t had population growth since the 1960s. He is going to build 20,000 square feet of retail when there is 100,000 square feet of vacant retail storefronts within 5 miles of this location. They are touting trails and skateparks that lead to nowhere. The developer promises millions of benefits to the borough. It’s all bullshit.

The part that cooks my goose, is the application for a grant of $700,000 from the State of PA for a skateboard park. The freaking State of PA is bankrupt due to the unfunded pension obligations to government workers. The state owes billions more than it has. But local and state government drone politicians act like the $700,000 is just sitting around to be spent on skateparks – built within yards of commuter train tracks. That’s fucking brilliant. The idiocy of these politicians and real estate developers is breathtaking to behold. This project will be an epic disaster. Taxpayer money will be pissed away. The developer will go bankrupt midway through the project and Lansdale will continue its downward spiral. So it goes.

Lansdale seeking grant funds for Madison Lot skatepark

By DAN SOKIL
[email protected]

Wednesday, March 20,2013

Rendering of the proposed Madison Parking Lot redevelopment project, as presented by Equus Capital Partners to Lansdale Parking Authority, March 13 2013. Courtesy of Lansdale borough.

LANSDALE — A week after the public got its first look at updated plans for redevelopment, including a skate park toward the rear of the Madison Parking Lot, the borough is seeking more grant money to help with that project.

On Wednesday night, council voted unanimously to apply for $700,000 in state grant funding that council vice president Mary Fuller said will come with no cost to the borough.

“There is a match portion — a 50 percent match — but I’m pleased to announce that the developer will pay the match so it’s a total win-win for us,” Fuller said.

Last week that developer, Equus Capital Partners (formerly known as BPG Properties) publicly displayed its latest plans to redevelop the borough’s Madison Parking Lot, with a skate park and pedestrian overpass added to the project’s initial intent of building a parking garage, apartments and retail space atop the current lot and vacant fields behind.

One of those fields, located below the water tower near Third Street and Richardson Avenue, would become the future site of a skate park for a community Fuller said was “ecstatic” to learn of the new plans.

“I’m getting well-verbalized, well-thought-out emails from people who understand what this means, are excited about it, and want to be involved in it. They can’t wait to help,” she said.

Those offers have ranged from volunteers to host skateboarding lessons to assisting with the development process, and Fuller said “these are people from all ages, from their 40s and 50s down into the 30s, 20s and teens.”

Borough officials hope all of those users stay involved as the project moves through the land development approval process, and Fuller said that buy-in will help create a desire for the skate community to take care of that park.

“If they’re invested in the process, if they’re users, then you can be damn sure they’re going to keep (the park) clean and neat, and be on the lookout for others who may want to damage or vandalize or graffiti,” she said.

The grant money would come from the state’s Department of Conservation and Natural Resources, as part of its Community Conservation Partnerships Program (C2P2) meant to encourage green park projects, trail connection and outdoor recreation — which the skate park and trails promote.

“You can walk there on the trail, you can skateboard to it on the trail, you can drive you can walk, you can take the train to it,” Fuller said.

That trail connection will help connect Hatfield and Upper Gwynedd connections with downtown Lansdale. Upon its completion, Fuller said, Lansdale will be the first municipality in the county to finish its stretch of the Liberty Bell Trail, which will run from Stony Creek Park at Hancock Street, along the railroad tracks past the Andale Green development, into downtown past the borough municipal complex and through the Madison lot to connect with Hatfield west of Third Street.

Fuller and borough Manager Timi Kirchner both emphasized that the grant funding would be used for public improvements on land that would be owned by Equus but used by the public, such as the trails and the skate park.

“There have been questions about whether or not the rants are going for the developer’s benefit, and that’s simply not the case,” Kirchner said..

“The grants are for a trail, for a skate park, and for improvements on Madison Street. These are all public areas, that will remain (public), once this project is up and running and spectacularly successful,” she said.

Several other council members thanked to the team of borough officials and consultants that helped prepare and present the plans last week. The officials included councilman Dan Dunigan, who chairs the borough Parking Authority, which agreed to sell the lot to Equus.

“I’ve looked at the numbers dozens and dozens of times and it’s still, frankly, staggering” to see the total benefit to the borough the project will bring, he said.

Borough fact sheets available at the council meeting show maps of the project and its relationship to other projects under active development in Lansdale, and a Parking Authority fact sheet details the projected $748,000 in annual revenue and $965,000 in one-time revenue the project should create.

The project has already been awarded $2.5 million in state grant money to assist with other public improvements and Equus and the Parking Authority submitted further grant applications last month seeking $800,000 more for remediation work on that property.

Long term benefits to the borough total over $20 million when the costs of the nearby SEPTA garage and pedestrian bridge are included, and Dunigan encouraged the public to attend a special Parking Authority meeting on March 27 when that entity could approve the latest plans.

“That will be the jumping-off point, where the folks from Equus can head for the subdivision and land planning phases and we can get this ball rolling,” he said.

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10 Comments
AWD
AWD
March 22, 2013 9:54 pm

“The developer will go bankrupt midway through the project”

Not before he absconds with most of the cash. I guess you never watched the show “The Sopranos”, these developments are all a scam, with somebody behind the scenes pocketing the money and politicians getting paid off. But hey, they’ll have 250 more section 8 apartments to dole out to the FSA. It’s what liberal progressives call a “win-win”. Maybe you’ll get lucky and your taxes will go up. Somebody’s gotta pay.

Anonymous
Anonymous
March 22, 2013 10:05 pm

My tax dollars pay for this? I’m ashamed to live in PA sometimes.

harry p.
harry p.
March 22, 2013 10:21 pm

Anon, only sometimes?

(I also live in pa and its most of the time for me)

Kill Bill
Kill Bill
March 22, 2013 10:41 pm

How many months of the year caan you actually skateboard in PA?

I think they would be better off building an ice skating rink.

Those skateboarders just smoke dope and spray praint things.

mabuk
mabuk
March 23, 2013 12:51 am

“There is a match portion — a 50 percent match — but I’m pleased to announce that the developer will pay the match so it’s a total win-win for us,” Fuller said.

Out of the kindness of the developers heart, of course — we can assume this was a no-bid contract and whatever price tag they arrived at followed a formula of cost plus bribe, then multiplied by two.

Makati1
Makati1
March 23, 2013 1:27 am

Any project will run over budget and be late. I know, I was in general construction as a project manager/estimator for 20 years. Doing a rough estimate from the numbers and picture, I would put the total in the ballpark of $50,000,000.00. That makes it a cost of $3,000.00+ for each man woman and child in Lansdale. Equus will take your money and run. Fools rush in…

Bostonbob
Bostonbob
March 23, 2013 8:29 am

There is a development started in Weston, MA at least 6 years ago. Huge mixed use right on a major train depot the was rebuilt a few years ago. Also right on the interchange of Rt 95 and 128, in one of the most affluent towns in MA with an outstanding school system. They tore down all of the existing businesses gathered up 130 acres of developable land and the bubble burst. in the past six or so years the development has been beaten about, resold/repackaged/repurposed, and still little or no action has been taken. This is a prime piece of land in a premium town with all of the necessary accoutrements to make it viable, and still some very savvy real eastae people cannot make the math work. Something will be built there, but not the grand $1.5 billion original proposal of 2007, in 2007 dollars. If it is hard to make this work, I find it amazing that someone sat down with a speadsheet and made the Landsdale proposal work both in total dollars and cash flow wise. I always wonder how much of the actual developers money is involved when these things are proposed. Someone is assuming the risk here, even a bank or private equity investor would have to look at how the financing works out for the length of the project, once public financing becomes involved all bets are off, especially with the open check book that seems to so frequently happen as polititians get desperate.
Bob.

David
David
March 23, 2013 10:09 am

Build skateboard parks. Build hiking trails. Build parks. Without manufacturing it’s all bullshit.

Captive
Captive
March 23, 2013 2:38 pm

Exactly as David says. Where will the jobs be after its all built. It will keep costing the taxpayer more to keep it up. They should be building shit that people can add value to

Drowning in Parasitism
Drowning in Parasitism
March 23, 2013 6:34 pm

Grandiosity in an Age of Desolation and Depravity:

Biden’s One-Night Paris Hotel Tab: $585,000.50…

http://www.weeklystandard.com/blogs/bidens-one-night-paris-hotel-tab-58500050_708799.html

Biden’s $459,388.65 Hotel Bill in London…
‘Approximately 136 hotel rooms for 893 room nights.’

http://www.weeklystandard.com/blogs/biden-pays-45938865-hotel-bill_708795.html

We are all ancient Romans’ now during the final hurrah.