One Paseo will help community’s economy

Paul Danninger
Mar West Real Estate

At a time of continuing recession, we need to think twice before we dismiss projects that could really bolster Carmel Valley’s economy — and the financial situation of many residents here.

One Paseo will provide our city with a host of beneficial economic opportunities. For one, this project will generate thousands of sustainable jobs. These will certainly help our employment numbers to rebound in the short-term – but the jobs will be available for decades to come. Couple that with the increased tax funding that One Paseo will generate for the city, and you see that this project could be a significant economic driver for Carmel Valley.

I have lived in this area for 20 years and I work in commercial real estate. I am pro-development when a project will benefit the entire community and I believe One Paseo does this and more. Of course, we’re all looking forward to having more options for dining, retail, and entertainment here in Carmel Valley – not to mention a place for families to gather on the weekends or evenings. It will be nice to have an affordable movie theater as well! These are assets that will help to increase property values – a nice bonus for residents.

I am impressed with the developer’s commitment to sustainability – One Paseo is on track to be LEED-ND certified. I am certain that with its clever design as a walkable and bicycle-friendly complex, many people will enjoy its many functions in one trip (rather than having to drive here and there to meet basic shopping needs, etc.).

This project offers a choice opportunity to boost our local economy while meeting community needs in an environmentally sustainable way. For Carmel Valley residents, this ought to be a winning combo.

Related posts:

  1. Opinion/Letters to the Editor: One Paseo would be terrific community asset, give economy a boost
  2. Carmel Valley community meeting on proposed One Paseo project draws crowd
  3. Del Mar council hears opinions on One Paseo project
  4. Opinion/Letters to the Editor: One Paseo gets MOVE Alliance endorsement
  5. Carmel Valley community meeting on ‘Main Street’ project to be held Sept. 24

Short URL: http://www.delmartimes.net/?p=31876

Posted by Staff on Feb 21, 2012. Filed under Letters. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

1 Comment for “One Paseo will help community’s economy”

  1. Ken

    I, too, am pro-development when it will benefit the entire community, but this project will NOT! One Paseo is too big for Carmel Valley, and the fact that the developer is using environmental certifications as leverage to help the approval of a bad project doesn't make it any better. A much smaller project would generate just about the same number of jobs at a much lower impact to our home.

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