Dublin store cancelled
“As Dublin closes in on its 25th birthday, the city continues to grow demographically and economically, Mayor Janet Lockhart said.
At the annual State of the City address, delivered Wednesday, Lockhart told business and city leaders that in the past 10 years Dublin’s revenue from property tax has increased by 400 percent. Revenue from sales tax has risen 92 percent during the same time, and the population jumped from 25,544 to 41,907, Lockhart said….
The city has suffered a loss last year when Ikea decided not to build,” Hildenbrand said, reading Lockhart’s speech.
Blake Hunt Ventures, the development firm that originally planned to build a “lifestyle center” next to Ikea, has agreed to purchase Ikea’s property to add to its project. Those plans are expected to come before the City Council in the early part of this year, and the project may be built by the end of 2009.”
Valley Times
Pleasanton, California
January 18, 2007
[Thanks to Penandra Pennington]
