Development Pattern: Box Store and Cities Towns

development pattern: With each transaction, they receive immediate fees and tax revenue, but also take on the long-term responsibility to provide ongoing service, maintenance, and in the case of And while that new big box store, strip mall, or drive-thru restaurant may last only a couple of decades, the maintenance obligations from all that asphalt and those new sewer lines are eternal, according to Market Watch. Too often, though, we haven't ever bothered to quantify those obligations. Bolstered by state and federal funding, municipal bond debt financing as well as tax incentives and deferrals, cities and towns that want to induce new development have many means of doing so. When you begin to do the math on our development pattern, what you find is alarming. This is not hyperbole. Most cities and towns in North America are functionally insolvent. (news.financializer.com). As reported in the news.