A story released early from Tuesday’s Post and Courier about the Midtown development (shaded in pink) planned for Upper King Street is missing one very important paragraph:
Evening Post Publishing, the parent company of the Post and Courier, has an even larger chunk of undeveloped real estate within a block of the hotel/condo/retail plans at Midtown.
Why is that paragraph missing? I wouldn’t want to bet on this one. But the P&C (the large building at the top of the graphic and most of the white space and bulidings around it) is tending unique fields as a chronicler of the very Upper King revitalization that will increase the value of the company’s unknown Evening Post development plans.
Every development story within a few blocks (at the very least, two) should include that statement as a effort on their part to be upfront about the fact that the success of these developments won’t just impact the readers — it’ll impact the paper.
UPDATE: Here’s a link to the full story today. No mention of the Evening Post plans.
A quick follow up after bouncing this story off of a coworker. There are two points that suggest that the Evening Post development should have been mentioned in the story:
- ZONING: The whole reason for the story is that the city will be considering a hight and density variance for the project in the next three weeks. Those decisions will have a major impact on what the Post and Courier is allowed to do with its property.
- MONEY: The success of the new development will have a direct impact on the value of the paper’s nearby land holdings and would likely impact what they do with it.
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