• Impact on Small Businesses – How many competing store will close and what does this signify in terms of jobs and tax loss?
• Economic Impact of Small Businesses – According to the multiplier effect, small businesses, by utilizing local services, contractors and wholesalers, keep more money in the local economy. If a new Wal-Mart results in the closure of competing neighborhood businesses how will this economically affect the service-providers (lawyers, banks, graphic designers, newspapers advertising) that currently rely on the threatened businesses?
• Property Values – How will a 215,000 sq. ft. Wal-Mart affect both commercial property values and the residential property values of the neighborhoods that are proximate to the store?
• Public Safety – Wal-Mart’s all across the country increase the burden on neighborhood police precincts. What will the cost of the potential increase be and how does it compare to the projected tax gains the country will receive from the store’s operation?
• Costs to Tax Payers – It is important to examine how much the proposed project will cost tax-payers in terms of Wal-Mart workers and their children using public safety net programs and the store receiving subsidies.
Friday, March 31, 2006
Developer Needs to Answer these Questions about Wal-Mart
On April 4th, there will be a scoping session for participants to suggest what the Environmental Impact Statement (EIS) for the proposed Monsey Wal-Mart should examine. Here is a summary of what the Alliance will be asking the developer’s consultant to address:
Posted by Neighborhood Retail Alliance at 9:33 AM