Most cities the size of San Francisco have a Home Depot. Home Depot has tried to open a store in the City for a very long time. The Chronicle and SF Business Times are reporting that a deal to open a store is now on hold.
Both the City and its residents are losing here - we can use both the $600 million in sales taxes and the jobs.
Who wins here? Other cities like Colma win (which is where I shop), affording them continued tax revenue and jobs.
This is an easy deal to strike - the City just needs to make it happen like the Twitter deal and corresponding concessions which helped get that deal done.
Visit here for the story.
No comments:
Post a Comment