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Sunday, October 27, 2013

Council considers strategies to perk up McDowell area

Scottsdale collected more tax revenue from McDowell Road businesses in 2012 compared to 2010.

But don’t expect revenue to bounce back to the glory days.

The City Council, in a study session Oct. 8, delved into strategies to reawaken the 3-mile McDowell corridor, which has struggled after the closing of Los Arcos Mall and the loss of long-standing car dealerships.

The tax revenue collected from McDowell Road businesses increased to $4.7 million in 2012, up from $3.7 million in 2010.

Read more...Council considers strategies to perk up McDowell area

Reuters: Business News

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