05-29-2021, 07:00 PM
(05-29-2021, 02:00 PM)dtkvictim Wrote: What makes it easier or more desirable for a developer to redevelop a property like this, instead of one of the many unquestionably shit buildings or empty lots we have? Surely they would be cheaper to purchase, and cheaper to develop by way of less friction, no?
Also depends on what is available to purchase, and at what price. The owners of the various properties may not always agree with us here on whether their buildings should be torn down and redeveloped. Or they may want to do the redevelopment themselves rather than selling the property.