|
|
We appreciate your help
in keeping this site going.
|
|
03-13-2014, 01:34 PM
|
|
Resident octogenarian
|
|
Join Date: May 2009
Location: Maryland
Posts: 20,860
|
|
Quote:
Originally Posted by donquixote99
OK, figuring a 60' wide corridor, that's something like 7.3 acres/mile, which at $250 M/mile, makes about $34 M/acre.
That's high, because there's other costs, but it would be high at half the price....
|
At those prices if they want to put high speed rail through here I'll sell. Otherwise it goes for about $9000 - $10000 per acre around here.
__________________
Great minds discuss ideas; Average minds discuss events; Small minds discuss people.
Eleanor Roosevelt
|
03-13-2014, 01:40 PM
|
|
Ready
|
|
Join Date: Oct 2013
Posts: 19,165
|
|
Finnbows info reduces the size of the land buy, but adds a tunnel. Some project, in any case....
|
03-13-2014, 01:45 PM
|
|
Reformed Know-Nothing
|
|
Join Date: Oct 2009
Location: MoCo, MD
Posts: 25,908
|
|
Quote:
Originally Posted by merrylander
At those prices if they want to put high speed rail through here I'll sell. Otherwise it goes for about $9000 - $10000 per acre around here.
|
Really? A nice size (1 acre) buildable lot around here can cost upwards of $250K. We have three 5 acre lots for sale down the street that are listed for $700K apiece (and they'll need well and septic systems).
__________________
As long as the roots are not severed, all will be well in the garden.
Last edited by finnbow; 03-13-2014 at 01:57 PM.
|
03-13-2014, 01:54 PM
|
|
Admin
|
|
Join Date: Dec 2011
Location: Behind the Orange Curtain in California
Posts: 37,222
|
|
How did they manage it in Japan? Isn't land there far more expensive? Just trying to understand.
__________________
I don't know half of you half as well as I should like, and I like less than half of you half as well as you deserve.
- Mr. Underhill
|
03-13-2014, 01:58 PM
|
|
Reformed Know-Nothing
|
|
Join Date: Oct 2009
Location: MoCo, MD
Posts: 25,908
|
|
Quote:
Originally Posted by bobabode
How did they manage it in Japan? Isn't land there far more expensive? Just trying to understand.
|
I know that in Germany that they had the right-of-way reserved for many years before they got started. Once you have constructed a lot of improvements upon the land, problems (and expense) go up considerably.
__________________
As long as the roots are not severed, all will be well in the garden.
|
03-13-2014, 02:12 PM
|
|
Admin
|
|
Join Date: Dec 2011
Location: Behind the Orange Curtain in California
Posts: 37,222
|
|
I guess I'm befuddled in regards to building it out here. There is a huge ROW right up the center of most of the Golden State freeway (5) between LA and San Francisco.
I guess it's like universal healthcare, we're too damn pigheaded and stupid to follow the lead of the rest of the industrialized world and do the right thing.
__________________
I don't know half of you half as well as I should like, and I like less than half of you half as well as you deserve.
- Mr. Underhill
|
03-13-2014, 02:25 PM
|
|
Resident octogenarian
|
|
Join Date: May 2009
Location: Maryland
Posts: 20,860
|
|
Quote:
Originally Posted by finnbow
Really? A nice size (1 acre) buildable lot around here can cost upwards of $250K. We have three 5 acre lots for sale down the street that are listed for $700K apiece (and they'll need well and septic systems).
|
I think I may have left a zero off, probably should be 90,00 and 100,000.
Whe we bought the roughly 4.5 acres cost $45,000 three years later 3 acre lots were going for $135,000 or $45,000 per acre. Now you just can't get big lots all the big houses are in one of those Cluster Phuk deals were each house does not even get an acre and they are all on a common septic system. Man can that ever be fun. One around the corner had no one in charge. All the city folks threw anything and everything down the john so the system backed up.
__________________
Great minds discuss ideas; Average minds discuss events; Small minds discuss people.
Eleanor Roosevelt
|
03-13-2014, 02:34 PM
|
|
Ready
|
|
Join Date: Oct 2013
Posts: 19,165
|
|
Quote:
Originally Posted by merrylander
At those prices if they want to put high speed rail through here I'll sell. Otherwise it goes for about $9000 - $10000 per acre around here.
|
Basic transcription error in my math first time. The right calculation would have been about $3.8 M/acre. But that is inclusive of all project costs, and also spreads it over a lot more acres than were actually bought, so it's not such a good number.
Still, I'd love to have enough info on the project to actually understand the cost. Which was tremendous, no doubt
Last edited by donquixote99; 03-13-2014 at 02:42 PM.
|
03-14-2014, 07:52 AM
|
|
Reformed Know-Nothing
|
|
Join Date: Oct 2009
Location: MoCo, MD
Posts: 25,908
|
|
Apparently, this shakedown effort may doom the entire project:
"A $900 million federal grant to build a light-rail Purple Line would be jeopardized if Maryland lawmakers require an affiliate of one of the project’s bidders to compensate Holocaust victims it transported to Nazi death camps, according to a top attorney for the Federal Transit Administration.
The legislation, which targets the government-owned French rail company SNCF, presents “legal concerns,” according to a letter, dated Thursday, from FTA Deputy Chief Counsel Dana Nifosi to the Maryland Transit Administration. Federal procurement rules require “full and open competition,” Nifosi wrote, and would not allow federal money for a contract solicited with “exclusionary or discriminatory” specifications."
http://www.washingtonpost.com/local/...4bf_story.html
__________________
As long as the roots are not severed, all will be well in the garden.
|
Posting Rules
|
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts
HTML code is Off
|
|
|
All times are GMT -5. The time now is 09:05 AM.
|