If you bought it all today, that seems reasonable, but that's not real life. I can't honestly see them getting it all for less than $50M. There's of course a chance that they never get ahold of the missing park-front property, and I could easily see those 3 missing park-front blocks costing them $10M per by the time it's all said and done.
This is way too close to downtown to not be a multi-billion dollar development. If they're planning less than that, they're going to fail.
Bookmarks