"We're not in the development business," he said. "We're here to facilitate growth."
Among the incentives the district is offering developers as part of its recently passed Town Orange Nike Air Max Men
"The initial conversation was around school sites and park sites," he said.
The hope is that the development of the district's downtown site will spur development of privately held properties nearby.
Decker Management, who's president Earnest C. Beaudin is on Great Canadian Gaming Corporation's board of directors, formed one half of the partnership that pulled out of developing the three acre site three years ago because of a downturn in the economy.
"We had about $4.1 million available, so we didn't have to borrow at all. Those accounts will be paid back over time."
"When this property came on the market . we thought, here's an opportunity to Nike Air Max White And Black Women get a piece of property that's hugely underutilized, and take the bull by the horns," said Daykin. "This allows the district to control the destiny for that property, and for the downtown."
The district started negotiations for the properties in late November; the sale was finalized just before Christmas.
The district is also hoping a new set of incentives for developers will encourage high density construction downtown.
All 14 properties were owned by a numbered company registered to the same address as the Great Canadian Gaming Corporation in Richmond. Of those, 13 have rental homes, some of them dilapidated.
The District of Maple Ridge has purchased 14 properties between Haney Place and Valley Fair malls for Nike Air Max 2017 Fook Locker
Daykin said council began discussing buying up strategic properties early in its term.
Others aren't so sure the district's plan will work, however.
They will now be evicted. Once they are out, the land will be cleared and prepared for development.
If the District of Maple Ridge wants to spur development downtown, Beaudin said it has to make it economically viable for developers by not requiring them to build costly high density projects.
Other high rise projects have been approved for the area, including north of 119th Avenue, and in 11900 block of 228th Street. However, construction has been stalled, largely due to the recent global economic downturn, Daykin said.
The district paid for the land with money from a number of reserve accounts, said Paul Gill, Maple Ridge's general manager for corporate and financial services.
In November, Ridge Meadows RCMP arrested 12 people and seized a cache of crack cocaine, crystal methamphetamine and other illegal drugs from a house on the 22600 block of Selkirk Avenue.
$3.7 million to try and jumpstart Nike Air Max Ld 3
Centre Investment Incentives Program are reduced development fees, development cost charge relief, property tax reductions, and reduced permit fees.
"I'm just one voice on council, but I think we would consider a high rise development," he saidTuesday. "If it's sitting the way it is right now six years from now, I'll be hugely disappointed."
Some of the run down homes on the parcel have been associated with criminal activity.
Daykin insisted the district's financial exposure is minimal. However, exactly how the property will be developed and by whom has not yet been decided
However, talks began to include under developed sites downtown, which the district could revitalize.
District buys downtown lots
The district waited until Tuesday's council meeting, after the holiday season, to officially announce the purchase, "out of respect and compassion for the tenants occupying the properties."
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