There is no evidence that Urban Renewal has worked to increase the tax base or create new jobs.
Urban Renewal is an artificial construct designed to manipulate the market.
Urban Renewal centralizes too much power and money into the hands of the few.
Urban Renewal is a political slush fund, which is conducive to a culture of corruption.
Urban Renewal is public money used by corporations for private profit.
Urban Renewal can make eminent domain claims against any property inside of the area.
Politicians use Urban Renewal funding to create new taxing districts to maintain other projects, such as auditoriums, carousels, convention centers, swimming pools, sports stadiums, theaters, and teen centers---at the expense of the competitors of these industries in the private market.