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Old Posted Oct 7, 2015, 6:39 AM
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jlousa jlousa is offline
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Join Date: Jun 2006
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Yes the parcels of land you're quoting will have public space included in them, it's a requirement for any parcel developed of that size. And it's impossible for me to tell you how much the city will fall short w/o knowing how much the city will chisel away at the park land in order to get the numbers closer to breaking even, nor how flexible they will end up being on the "affordable housing" requirements. My best guestimate puts the number I expect the city to recoup at between $100-150M based on the current proposal... I would also be surprised if the final costs come in at under $225M and not the $200M we're hearing right now. I predict a loss of ~$75M. We won't know for at least 5yrs though.
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