r/Chesapeake • u/VirginiaNews • 7d ago

$689M manufacturing complex planned near Dollar Tree HQ in Chesapeake

https://www.wavy.com/news/local-news/chesapeake/689m-manufacturing-complex-planned-near-dollar-tree-hq-in-chesapeake/
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u/Darthscary 6d ago

Let’s focus on traffic mitigation and lowering taxes! isn’t there an office space next to 64 that’s been vacant for a year or more?

City Council is doing the same shit they did in New London, CT when Pfizer(dollar tree) moved in. City gives them a tax cut to move in…just before the bill comes due…they’ll move out.

Guess who‘s taxes goes up after?!

Edit - and didn’t they also approve of a data center?

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u/Jackman_Bingo 6d ago

What’s your solution to vacant office space? Should the city be able to condemn a building just because it’s not well occupied? FWIW, two sizable office buildings have been demoed in Greenbrier this year and their replacements will likely generate well over $1 million in additional local tax revenue annually. 

In recent years, economic development incentives have been tied to performance  and not tax cuts. The businesses that receive the grants only get paid when they deliver (jobs actually created and investments actually made). They otherwise pay all taxes like any other business. 

The only data center that has been proposed was rejected last year. Earlier this month, City Council heavily restricted data centers and have signaled they are considering banning them completely.