maroon barchetta said:
The city seems awfully excited about a new business being built on state property.
I personally am excited because, first and foremost this is a high quality high profile entertainment option which we need more of, in my opinion. Wouldn't matter if it was in Bryan or on College Station property. Sales tax and property tax on the improvements will be paid, which helps a bit with public safety and other mission critical functions of your city govt. Should they spend $3,000,000 on the building, the improvements would run about $15,000 a year property tax for the city. If the parcel of land would've cost roughly the same, then $15k additional is what the city would've otherwise received.
Not really about the money, though. It's about defeating the age old axiom, "I love being an Aggie and I love Aggieland, but there's nothing to do here." I want to fix that! Let's foster a business environment that incentivizes private investment and job creating businesses.
I'm grateful Texas A&M and PopStroke made the decision they did!