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Aren redevelopment agencies just used to chase big businesses that generate large sales tax revenues for cities?

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Aren redevelopment agencies just used to chase big businesses that generate large sales tax revenues for cities?

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It is common for redevelopment agencies to work hard to rebuild retail areas that are suffering decline because of fierce competition from outlying shopping centers, changes in how goods are sold and consolidation of stores through acquisitions or mergers. Attracting new stores into blighted areas is often difficult and expensive.

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