Back in July, @_anthonyhahn wrote an article which appeared in both the Daily Camera and the Colorado Hometown Weekly about a potential new Kohl’s store in Lafayette CO, and what that meant for the Louisville CO store.
— Daily Camera (@dailycamera) July 9, 2018
While pitting the two adjacent cities against each other in a battle for sales tax is valid, it totally misses the point about all the new development around the 287 Corridor, north of Lafayette.
At the time, I wrote a letter to the editor of the Colorado Hometown Weekly and sent it in. I just got to checking, and as far as I can see, it never made publication for either space, or editorial reasons. As always, waste not, want not, here it is. Comments?
FOR PUBLICATION Re: July 11th Anthony Hahn Kohls move to Lafayette
I’m a Louisville resident, but this isn’t Louisville versus Lafayette, it’s the past vs the future.
How much longer can we continue sleep walking into the future with car oriented development?
The city of Lafayette believes a new Kohl’s on 287 is worth, and will pay off its $2-million subsidy in 2-3 years. Add to that the limited benefit of some extra jobs, and extra sales tax receipts during construction. It still means the Residents will have to shop hard, and drive regularly to make another out of town store pay off.
Louisville development director Dejong says the McCaslin corridor tax receipts are up year on year to $420,000, but that’s from a whole lot of small stores and restaurants that are almost always busier than any of the big box stores. Kohls will need to do much more than it does with it’s Louisville store to make it work. The current store in Louisville often looks like it’s been ransacked by people on a scavenger hunt, and the parking lot is frequently less than 1/4 full.
Kohl’s itself we likely be shielded from a failure, tax write-offs against losses, writing off development and moving expenses. The development company, Hix Snedeker can do the same. It’s not the McCaslin corridor thats in economic crisis, it the whole sector.
It’s always easier to build new development, urban sprawl has funded and driven America for the last 80-years. The real question is, what does this contribute to the community? More driving, more concrete, more parking spaces? The 287 location certainly seems more attractive than the current Louisville location, it has more passing traffic in a superficial way. The question is how many will stop, rather than shop online and have it delivered at home?
Lafayette residents should ask, is this worth the money, the tax breaks, etc. ? What type of development do they want, and is this the right type of development rather than just easy development?