Before building a new sports stadium near the waterfront, a city is most likely to establish

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Adrien Duran

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10 March, 19:04

Before building a new sports stadium near the waterfront, a city is most likely to establish

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Answers (2)

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Isaias Rowland · Answer 1

redevelopment district, I believe so D:?

Marely · Answer 2

The best answer to the question: Before building a new sports stadium near the waterfront, a city is most likely to establish:___, would be: A redevelopment district.

Explanation:

Most cities have areas in them that have a specific value, be it because of their historical sites, or because they are naturally attractive, like is the case of lands near a waterfront. However, in order to both be able to develop these areas, while at the same time protecting them and ensuring their proper upkeep, cities use something called a redevelopment district, which is a special property tax whose financial gains will be placed into a special fund that will be used exclusively to develop, but also improve and protect the site to be developed. In this case, the sports stadium's builders will have to do this before they can construct on the desired land.