05-05-2021, 08:56 AM
(05-04-2021, 08:49 PM)tomh009 Wrote: $10M/acre is pretty high, but it's a good location and a decent-sized parcel. Development has clearly spread out to Weber, which makes me happy that downtown is not just the King St strip. Admittedly doing successful retail on Weber will be tougher.
As it turns out, the owner of the proposed condo building at Charles and Francis bought the land for $10.25M -- for about half an acre. So, maybe $10M/acre is reasonable at this location.