Answer:
The best answer to the question: Before building a new sports stadium near the waterfront, a city is most likely to establish:___, would be: A redevelopment district.
Explanation:
Most cities have areas in them that have a specific value, be it because of their historical sites, or because they are naturally attractive, like is the case of lands near a waterfront. However, in order to both be able to develop these areas, while at the same time protecting them and ensuring their proper upkeep, cities use something called a redevelopment district, which is a special property tax whose financial gains will be placed into a special fund that will be used exclusively to develop, but also improve and protect the site to be developed. In this case, the sports stadium´s builders will have to do this before they can construct on the desired land.
