Quote:
Originally Posted by MorganChi
Yea this project not happening I could of sworn I read somewhere that they have until May 2020 to build something on that Land. I said last month that this will end up being a park and nothing more. If something gets build get ready for another 500ft-600ft building
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Well, the naked site is worth $50,000,000. We don't need to guess how many units the market expects to be built there, based on that sale price. It's simple algebra. And it's more than would fit in a short tower. If you see the the land change hands and the price drops significantly, then maybe your idea is a little more plausible. But I'd wait to make any dinner bets until that happens.