Yeah I am a capitalist too, but all I am saying is that the worth of large parcels of land near large population is a very high bar for ANY business to reach.
I live near Philly, and if it wasn't bought by the Park Service, Independence Hall would have been replaced by a multistory office building a long time ago.
The thing that really caught my eye is that Bay Meadows is still, currently, a pile of uncleared rubble. It wasn't completed as a shopping district last I heard, and Steve just talked about that maybe a month and a half ago.
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