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bakertitl <br />y <br />now, toi tamer -ow. <br />What Drives The "Gap" Or Need For Public <br />Financing Assistance? <br />• Extraordinary redevelopment costs <br />• Hold out property owner, land price too high <br />• Development needs more than it can pay for <br />• "Oversizing" of utility and infrastructure needs for future <br />growth <br />• Developer wants less risk/more return than typical market <br />conditions dictate <br />• Market competition <br />