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RE: LeoThread 2025-01-13 16:03

in LeoFinanceyesterday

Part 3/9:

The local government approved the project on December 19, 2023, following a contentious approval process. Although initially facing significant community opposition—mainly due to concerns regarding traffic, the impact on Chinatown, and insufficient community benefits—the final agreement settled on an $60 million benefits package over 30 years. This was a stark contrast to the community’s demand of up to $300 million, highlighting the tensions between local stakeholders and the desires of a billionaire sports franchise.

Community Concerns and Council Reactions