Steve Farmer wrote:Joseph, great idea. My second reaction was it will never happen due to economics of needing to buy/rent the real estate and make the conversions with the payback coming some considerable time later.
But now I'm thinking it's such a great idea and vision that if it were a crowdfunding project it would have a serious chance of success.
Great points Steve. I thought of the same problems. And Dan, I hear you on not being able to count on Walmart charity. But it's my understanding (and I could be wrong) that some of the newer stores are built on conditional land leases. Many of the stores that closed were opened within the last few years. Maybe there's a loophole that might allow a city to reclaim the property or to cry "foul" against Walmart.
With that, maybe a city council might be able to change the zoning on the property to effectively make the place a "public park." I don't know much about how such things work, but my mind lives in Ideal-Land. Regardless, it will probably be awhile before Walmart finds a buyer for 2,000 acres of facilities and land. Also the cities are already facing huge tax revenue losses. Maybe they can just cut their losses and start a public food park... Who knows, that could create some attraction from neighboring towns.
And Steve, I like your thinking about crowdfunding. I don't have a lot of dough, but I'd be the first to give to that project.