Southpointe did
not have a good week following the Independence Day holiday weekend. This celestial portion of Washington County
normally goes about its business of making money and ignoring the rest of
us. However last Monday morning the Wall
Street Journal featured a front page piece of investigative reporting that
revealed apparent incestuous business practices between one of Southpointe’s
principal founders, Rodney Piatt and one of its largest tenants, the
pharmaceutical company, Mylan NV.
A large real estate transaction and other
activities were not disclosed to shareholders. Mr. Piatt wears many hats in and around
Southpointe I and II including primary developer, owner of the Southpointe Golf
Course and Vice Chairman, Independent Director at Mylan. While the land deal at Southpointe II for the
new Mylan headquarters may not have provided a financial windfall for Mr.
Piatt, it certainly did not pass the smell test for good corporate governance.
The story had
legs and made its way onto the front page of the Pittsburgh Post Gazette and Pittsburgh
Tribune on Tuesday and onto the front page of the Observer Reporter last
Wednesday. Just as this story was dying down, the OR came back on Sunday with a
five column front page story on the economic impact of Southpointe.
While it cannot
be denied that both phases of Southpointe have sparked economic development,
not everyone is happy. There is a sense
that older communities in Washington County are crumbling, while Southpointe
receives all the perks. Moreover,
Southpointe appears to benefit Corporations and high society, leaving the rest
of us to admire from afar.
For those who
have seen the movie Elysium, Southpointe
reminds me of this out of reach paradise. The movie depicts a large “garden of Eden”
space station that orbits above the planet.
Elysium is the home of the
wealthy and the well connected. The 99% left behind on mother earth are forced
into crime and poverty with little chance for advancement and no cure for
disease. The space taxis do not run from
earth to Elysium.
The differences
in the wealth and privilege of Southpointe and the economic challenges in the
rest of the County are certainly striking.
I would like to offer a solution to ease the guilt of the real estate
developers, 300 business entities, 9,000 employees and numerous residents who
live there.
Earmark a parcel of land at Southpointe for a
Washington County Cultural Center. Build
a home for the Washington Symphony Orchestra, the community choirs and the
County plays and musical productions. Leave
room for a satellite City Mission facility or drug and alcohol rehab. With such projects, Southpointe would return
to earth and feel like a sharing partner with the County, not an over the moon Elysium.
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