Editorial: Minimize taxpayer risk in Naval Hospital redevelopment in OZ – Charleston Post Courier – SC

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ARTICLE SUMMARY

Charleston County’s involvement in redeveloping the site of the old NavalHospital in North Charleston – which county taxpayers were forced to buy lastyear for an eye-popping $33 million – ought to be as minimal as possible.

The Naval Hospital property is a reasonable location for that.

Selling the rest of the Naval Hospital property to a private developer would bothhelp recoup taxpayer funds and open up the potential benefits of the federalOpportunity Zones program, which give incentives for redevelopment instruggling areas.

Of course, it’s important that the future of the Naval Hospital property serve thesurrounding community.

Ideally, opening something in place of a long-vacant building would help spark abroader revitalization in the rest of North Charleston’s neglected southern end.

Charleston County, North Charleston and the Coastal Conservation League aresponsoring a study of the Rivers Avenue corridor near the Naval Hospital withthat goal in mind.

North Charleston can help move forward the county’s vision for the property bytaking a look at its zoning rules that mandate suburban-style communitiesrather than the walkable, bikeable, transit-oriented development the areaneeds.

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Originally Published on January 29, 2019 at 10:32PM

Article published originally via “opportunity zone” – Google News https://www.postandcourier.com/opinion/editorials/editorial-minimize-taxpayer-risk-in-naval-hospital-redevelopment/article_d84bd86c-2405-11e9-9745-5f81e312af14.html

 

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