Mega projects
November 29, 2009
The NYTimes writes about the lack of mega projects in the current economic stimulus and how the lack of these projects is a sign of now major, transformative economic growth.
One thing I found interesting was the discussion of expansion of public transit in Denver and Salt Lake. These projects, which come in at under $5 billion, are not considered mega-projects. What I found interesting was our current OKC debate of $700 million. The lesson of this article would seem to be that a truly transformative development project would need to be something very different than what is currently being proposed.
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